Beyond Financial News

The buyers have finally clinched a string of higher troughs for over two weeks for the first time in two months on the 4-hour timeframe. Meanwhile, SAND refrained from high volatility as it hovered near the Point of Control (POC, red) in its high liquidity zone.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, meeting minutes released Wednesday showed. 

Blockchain technology has changed the world in unprecedented ways. Extending beyond the scope of cryptocurrencies, blockchain is now disrupting sectors all around the world.

The Federal Reserve could reach a point where it no longer has profits to hand over to the U.S. Treasury, if the central bank were to raise interest rates beyond recent market expectations, the New York Fed said in a report.

President Biden and leaders from a dozen countries in the Indo-Pacific region on Monday endorsed a new economic platform meant to counter China’s influence through cooperation on global issues such as supply chains, clean energy and digital rules.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Stock investors are positioning for a recession. 

A regional Federal Reserve leader’s foray into a Minnesota education campaign has reinvigorated a debate over whether the central bank’s increasingly expansive policy and research interests are going beyond what Congress intended for the central bank.

The second Payment Service Directive was adopted in 2015, with most of the rules implemented by January 2018. In the interim, the payments sector has been buffeted by the fintech phenomonen and the steady encorachment of Big Tech firms into financial services. The Commission says the review will assess the relevance of PSD2, in particular in light of market developments regarding new market players, services and technologies. On PSD2, the Commission intends to "evaluate whether the scope, exclusions and definitions of the directive are still appropriate to ensure relevant market players are regulated, a level playing field exists and risks are sufficiently mitigated". Other aspects of the rules relating to payment fraud and access to account data and payments infrastructures, will also be opened up for scrunity to see if they are still fit for purpose. For the Open Finance consultation, the Commission is seeking feedback oon whether to extend access rights beyond purely transactional data to encompass other aspects of finance, including mortgages, savings, pension services and insurance. Submission for the PSD2 consultation are open until 2 August. The open finance consultation closes on 5 July. A separate consultation on technical matters related to PSD2 also closes on 5 July.

The latest Covid-19 case surge is expanding beyond the Northeast, with places from the Midwest to Florida and California under rising pressure.

AVAX’s price has been hovering above a stable support level with no signs of a volatile move in sight. However, things could change as Bitcoin’s price is starting to look bullish. Therefore, investors need to pay close attention to altcoins as they could explode soon.

In this article

The recent bear market has had an unforgiving effect on altcoins across the market. ETH buyers showed strong conviction during the recent downswing. However, as things worsened, significant support levels were breached and the recovery does not seem to be going well.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

As the broader market crashed all the way down to the $1.2T-mark over the last week, HODLers have been trying to stall the sell-off situation. But, they still need to inject higher volumes to sustainably modify the broader outlook in their favor. 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

Most of the market is still recovering from the events of 9 May, which left the crypto space broken beyond belief. Marking the highest single-day losses for every cryptocurrency, the bears did not spare even the most popular/in-demand tokens, including the king of meme coins, Dogecoin.

In this article

When former Barclays investment bank chief, Rich Ricci, took the reins at City broker Panmure Gordon two years ago, he promised to get “back to basics” at the firm that was struggling to stem losses of tens of millions of dollars as it expanded beyond its roots.

Another strong inflation reading in April is likely to keep pressure on the Federal Reserve to continue raising rates in half-percentage-point increments at the central bank’s next two policy meetings and possibly beyond that.