Author: FX

© Reuters. FILE PHOTO: A general view of a building of the Polish Police Headquarters, where, according to Poland’s interior ministry, top cop was injured by an exploding official gift, in Warsaw, Poland December 15, 2022. REUTERS/Kuba Stezycki WARSAW (Reuters) – Poland’s top policeman said that an explosion in his office was caused by a grenade launcher, telling private broadcaster RMF FM that he had received two of the weapons as a gift from Ukraine. Poland’s interior ministry and prosecutor’s office had not previously confirmed media reports that the explosion on Wednesday, at police headquarters in Warsaw, was caused by…

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© Reuters. FILE PHOTO: Tunisian President Kais Saied arrives to meet with U.S. Secretary of State Antony Blinken (not pictured) during the U.S.-Africa Leaders Summit at the Walter E. Washington Convention Center in Washington, D.C, U.S., December 14, 2022. Mandel Ng By Tarek Amara and Angus McDowall TUNIS (Reuters) – Polls opened for a parliamentary election in Tunisia on Saturday, a vote boycotted by political parties that see it as capping President Kais Saied’s march to one-man rule over a country that shook off dictatorship in 2011. As Saied urged Tunisians to cast ballots on what he called a historic…

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Not a good week again for the stock market, notably after FOMC and Fed Chair Powell’s speech. The Fed officials insisted on ‘higher rates for longer run’ in battling inflation, possibly above 5% next year, a level not seen since 2007. According to the central bank’s summary of economic projections for 2023, core PCE inflation is expected to remain above 3%, unemployment shall rise to 4.6%, while GDP is projected to undergo a slump towards 0.5%. Fig.1: Fed’s Projection for 2023. Source: Reuters At market close, USA500 ended below November’s closing price, at 3844. Among the listed companies, the electric…

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As borders open up following prolonged COVID-induced travel restrictions, the Metaverse, one of the latest sub-crypto ecosystems, is set to help travelers decide on the destinations they want to experience in person, reveals a new survey conducted by Booking (NASDAQ:).com personally. Popular online travel agency Booking.com surveyed 24,179 respondents across 32 countries, which revealed travelers’ strong interest in virtually exploring destinations as they decide on their itinerary. Out of the lot, people most likely to try out travel experiences in the metaverse were Gen Z (45%) and Millennials (43%).Most popular type of vacation. Source: Booking.comContinue Reading on Coin Telegraph Source…

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© Reuters. FILE PHOTO: A medical worker collects a swab sample from a person at a makeshift testing site next to a mobile testing vehicle dispatched from mainland China, following the coronavirus disease (COVID-19) outbreak, in Tung Chung, Hong Kong, China February By Ryan Woo and Winni Zhou BEIJING/SHANGHAI (Reuters) -Funeral homes across China’s COVID-hit capital Beijing, a city of 22 million, scrambled on Saturday to keep up with calls for funeral and cremation services as workers and drivers testing positive for the novel coronavirus called in sick. After declaring that the Omicron strain has weakened, and unprecedented public protests…

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S&P 500, VIX, EURUSD and Economic Event Risk Talking Points:The Market Perspective: USDJPY Bearish Below 137; EURUSD Bearish Below 1.0550; S&P 500 Bearish Below 4,030Despite a run of event risk that included 50bp rate hikes from the FOMC, ECB and BOE along with plenty of contraction from PMIs and inflation surprises; we transition weeks without a clear risk beadExpectations for liquidity will drop sharply over the coming two weeks, but struggle for trends from the SPX doesn’t preclude volatility for the Dollar Recommended by John Kicklighter Building Confidence in Trading We were overloaded with high-profile event risk this past week.…

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4/4 © Reuters. Rescuers work during a rescue and evacuation operation following a landslide at a campsite in Batang Kali, Selangor state, on the outskirts of Kuala Lumpur, Malaysia, December 16, 2022, in this picture obtained from social media. Korporat JBPM/via REUTERS 2/4 KUALA LUMPUR (Reuters) – The search for the remaining 12 campers caught in Friday’s deadly landslide at an unlicensed campsite in Malaysia continued for a second day after an overnight halt due to bad weather, officials said. At least 21 people, including five children, were killed after a landslide in Batang Kali, a popular hilly area about…

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designer491 Canadian fintech Greifenberg Digital (GDLT) has filed to raise up to $15M through a direct offering of its shares on the US market. Greifenberg said in a filing that it intends to offer up to 3M shares at the assumed price of $5 per share, a number that could likely change. Shares will be offered by management on behalf of the company on a “best efforts” basis, with no underwriter involved. Investors can subscribe to the offering by filling out an application attached to the prospectus. The offer will be completed 180 days from the date of the prospectus…

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