Abstract:The following is a brief review of the day's events as reported.
The following is a brief review of the day's events as reported.
Asian Markets
Hong Kong stocks were up about 3% earlier and are currently trending down after reports said the city is considering easing Covid rules
European Markets
The European market towards the opening there tends to go up because the global economy dominates sentiment
US Pre-Open Markets
US stocks were slightly negative as investors assessed downside risks to the economy
Commodities
Oil prices stabilized after hitting 2022 lows
U.S. Treasury Yield
Bond yields tend to rise as Wall Street worries about higher Fed rates
Major Currency Pairs
The dollar struggled as recession fears simmered
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Fintech start-up Midas has achieved a significant milestone by raising $45 million in equity funding, marking the largest Series A fundraising by a Turkish fintech firm, and the second largest across sectors.
eToro collaborates with 21Shares to introduce a dynamic, data-driven crypto investment portfolio for retail investors.
The Extraordinary General Meeting of NAGA shareholders has voted overwhelmingly in favour of the merger with CAPEX.com, reaching an impressive 99.81% approval rate.
The FCA has launched criminal proceedings against Lee Steven Maggs of Sittingbourne, Kent, for 2 counts of fraud and 1 count of breaching the Financial Services and Markets Act 2000 (FSMA).