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FGCBOLSA-FGCFINANCIALMARKETS.INFO SELECTED NEWS | WEDNESDAY, JUNE 29, 2022:

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  - Asia, Europe, and US Market Closing Report | Wednesday, June 29, 2022: - June 29, 2022  ASIA Source: cnbc.com Hong Kong's Hang Seng down nearly 2%; consumer confidence in Japan, South Korea falls Abigail Ng 4-5 minutes SINGAPORE — Hong Kong shares led losses in Asia on Wednesday after Wall Street's negative lead. Consumer confidence in South Korea and Japan fell, according to official surveys. Hong Kong's Hang Seng index declined 1.88% to close at 21,996.89 while the Hang Seng Tech index dropped 3.27%. Alibaba's stock in Hong Kong dropped 3.05% and... - Banking | Credit Suisse Entanglement | Wednesday, June 29, 2022: - June 29, 2022   Source: reuters.com Credit Suisse scraps negative rates for Swiss private clients June 29, 2022 3 minutes

Asia, Europe, and US Market Closing Report | Wednesday, June 29, 2022:

 ASIA Source: cnbc.com Hong Kong's Hang Seng down nearly 2%; consumer confidence in Japan, South Korea falls Abigail Ng 4-5 minutes SINGAPORE — Hong Kong shares led losses in Asia on Wednesday after Wall Street's negative lead. Consumer confidence in South Korea and Japan fell, according to official surveys. Hong Kong's Hang Seng index declined 1.88% to close at 21,996.89 while the Hang Seng Tech index dropped 3.27%. Alibaba's stock in Hong Kong dropped 3.05% and Meituan fell 2.31%. In South Korea, the Kospi dropped 1.82% to 2,377.99, while the Kosdaq shed 0.93% to 726.35. South Korea's consumer sentiment index fell, standing at 96.4 for June 2022, down 6.2 points from May's print, according to Bank of Korea's survey. The Nikkei 225 in Japan was down 0.91% to close at 26,804.6, and the Topix slipped 0.72% to 1,893.57. Retail sales in Japan rose 3.6% in May co

Crypto Price Report | Wednesday, June 29, 2022:

  Source: cnbc.com Crypto hedge fund Three Arrows Capital plunges into liquidation as market crash takes toll Arjun Kharpal 3 minutes Major cryptocurrency hedge fund Three Arrows Capital has fallen into liquidation, a person with knowledge of the matter told CNBC, marking one of the biggest casualties of the latest so-called "crypto winter." Teneo has been brought on board in the last few days to deal with the liquidation process, the person, who requested anonymity because they were not authorized to discuss the matter publicly, said. Sky News first reported the liquidation story. Three Arrows Capital, or 3AC as it is also known, did not respond to a request for comment when contacted by CNBC. Teneo is in the very early stages of the liquidation process, the person said. The restructuring firm is taking steps to realize the assets 3AC has, then it will set up a website in the

Oil Price Report (Afternoon Edition) | Wednesday, June 29, 2022:

  Source: cnbc.com Oil dips, snapping three-day win streak as recession fears weigh 2-3 minutes Oil prices declined on Wednesday with tight supply worries not enough to outweigh concerns about a weaker global economy. Brent crude futures for August settled 1.46% lower at $116.26. U.S. West Texas Intermediate (WTI) crude futures settled 1.77% lower at $109.78. Both contracts rose more than 2% on Tuesday as concerns over tight supplies due to Western sanctions on Russia outweighed fears of that demand may slow in a potential future recession. "The market is stuck in the push-pull between the current deteriorating macro backdrop and the looming threat of a recession, pitted against the strongest fundamental oil market set-up in decades, maybe ever," RBC Capital's Mike Tran said in a note. Saudi Arabia and the United Arab Emirates have been seen as the only two members of the

Gold Price Report (Afternoon Edition) | Wednesday, June 29, 2022:

Source: cnbc.com Gold choppy as investors weigh rate hikes against recession risks 2-3 minutes Gold prices see-sawed on Wednesday, caught between headwinds from aggressive interest rate hikes and support from safe-haven bids spurred by growing recession risks. Spot gold fell 0.2% to $1,816.88 per ounce by 2 p.m. ET. Prices bounced as much as 0.7% on data showing a contraction in the U.S. economy in the first quarter, before quickly giving up those gains and moving back into the tight range it has been in for the past few sessions. U.S. gold futures, meanwhile, fell 0.1% to $1,819.7. Gold, considered a hedge against inflation, usually benefits during economic uncertainties, but rising interest rates increase the opportunity cost of holding the asset since it yields no interest. "The slightly weaker than expected GDP numbers continue to propagate the concerns of potentially moving

Bonds | U S Treasury Yields Report (Afternoon Edition) | Wednesday, June, 29, 2022:

  Source: cnbc.com Treasury yields fall as traders track economic data, Fed remarks Tanaya Macheel, Elliot Smith 2 minutes U.S. Treasury yields slipped Wednesday as investors continue to assess the economic outlook amid rising recession fears. The yield on the benchmark 10-year Treasury note was down 11 basis points to 3.097%, while the yield on the 30-year Treasury bond dropped 9 basis points to 3.215%. Yields move inversely to prices. As the second quarter draws to a close on Thursday, concern over a slowing economy and aggressive interest rate hikes from the Federal Reserve continue to dominate market sentiment. On Wednesday Federal Reserve Bank of Cleveland President Loretta Mester said she will advocate for a 75 basis point hike to interest rates at the central bank's July meeting if economic conditions remain the same by then. "I haven't seen the kind of numbers on the inf

Metals | Spot Prices Closing | Wednesday, June 29, 2022:

 Source: cmigold&silver Spot Prices as of close of trading in New York Wednesday, June 29, 2022