1 Minute Market Rundown – 18th May 2022 May 18, 2022 | City Talk Trade the ExtremesUSD Gives Up Some of its GainsCrypto Consolidates There is not too much to add from yesterday’s piece sadly. The main talking point was Powell reiterating the FED’s stance on inflation. Powell said the FED won’t hesitate to tighten policy beyond neutral to curb inflation. Stock’s stalled their recent rise and the USD [...]
Crypto tokens and crypto coins: what drives performance? May 18, 2022 | City Talk Much of the crypto world is, by definition, cryptic and difficult to understand. But two crypto trends are crystal clear: both talent and money are flooding into the digital currency market. Almost every day brings a fresh announcement about software developers from Google or financiers from JPMorgan joining crypto start-ups. Indeed, while the total market [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Early-stage venture capital stays resilient as headwinds batter public tech stocks May 18, 2022 Early-stage venture capital firms are doubling down on investments in 2022 despite a sell-off frenzy in public tech stocks and growing scepticism of growth-focused tech valuations.
ASMR you listening? Design Museum’s new exhibition brings ASMR IRL May 17, 2022 To give some idea of the seismic level of popularity around ASMR, the most-watched YouTube video on the topic has earned four times the amount of views as Netflix’s most-watched film ever. In it, performer Hongyu eats jellied sweets and the sound of her eating them has racked up 332m views. ASMR – short for [...]
Russia brands G7 plan to use frozen assets in Ukraine’s rebuild ‘outright theft’ May 17, 2022 Using Russia’s frozen reserves to rebuild Ukraine would be “outright theft” according to the Kremlin. A new proposal from G7 leaders to seize assets from Moscow to finance the reconstruction of decimated Ukraine has been condemned by Russia. The proposal was made by German finance minister Christian Lindner, who according to Reuters, said proposals were [...]
Doctor Strange in the Multiverse of Madness review: Impressively OTT May 17, 2022 There are three certainties in life: death, taxes, and The Marvel Cinematic Universe. Phase Four of the biggest movie franchise in the world had a mixed start, with the enjoyable Shang-Chi counterbalanced by the dreary Eternals, and Black Widow sitting somewhere in between. It came roaring back thanks to Spider-men past and present in No [...]
Bitcoin price rises with global financial markets as China eases Covid lockdowns May 17, 2022 Bitcoin is currently changing hands for around $30,600, up 2.75 per cent over the past 24 hours as a promising start to the week continues.
1 Minute Market Rundown – 17th May 2022 May 17, 2022 | City Talk Trade the ExtremesUSD Gives Up Some of its GainsCrypto Consolidates We highlighted in yesterday’s note that risk seemed a bit stretched and pondered whether we may be in for a rally. The question we are still trying to answer is if we have seen the low yet or not. Whilst we are still unsure, although [...]