Tag: Failure

FINRA Fines RBC Capital Markets $360k for Supervisory Failure

The Financial Industry Regulatory Authority (FINRA) has hit RBC Capital Markets, a Toronto-headquartered global investment bank, with a censure order and monetary fine of $360,000 for the failure of its supervisory system between...

AUD/USD Outlook Mired by Failure to Push Back Above September Low

Australian Dollar Talking PointsAUD/USD retraces the decline following the weaker-than-expected Australia Employment report to trade to a fresh weekly high (0.6356), but the recovery from the yearly low (0.6170) may end up being...

Gold Price to Fall Towards April 2020 Low on Failure to Defend Yearly Low

Gold Price Talking PointsThe price of gold remains under pressure after failing to defend the opening range for October, and bullion may fall towards the April 2020 low ($1568) if it fails to...

Gold Price Weakness to Persist on Failure to Defend Monthly Opening Range

Gold Price Talking PointsThe price of gold trades back below the 50-Day SMA ($1718) after failing to test the September high ($1735), and bullion may face a further decline over the coming days...

Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA

Crude Oil Price Talking PointsThe price of oil extends the advance from the start of the week as the Organization of Petroleum Exporting Countries (OPEC) announce plans to cut production, but crude may...

There are some serious rumours doing the rounds about a major bank failure

ABC Australia is reporting that a major investment bank is on the brink, citing 'a credible source'.Most are pointing towards Credit Suisse. It was caught out in the Archegos disaster and since then...

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