UK & USA Agree Derivatives Trading Terms Post Brexit
The US and the UK have made a joint announcement that the two countries would ensure that derivatives trading between the two will stay the same despite the changes that Brexit can bring. This could potentially protect the UK’s banking
Read MoreUS Consumer Confidence Bounces Back Better Than Anticipated In February
According to a report released by the Conference Board on Tuesday, consumer confidence in the United States rebounded in February after three consecutive monthly declines. The Conference Board said its consumer confidence index in February, which fell to 121.7 in
Read MoreUS Dollar Up As Trump Decides To Postpone Tariff Increase On Chinese Goods
President Donald Trump disclosed on Sunday a dramatic shift in in in in US trade policy through a Twitter posts, announcing his intention to delay a scheduled increase in Chinese import tariffs. The US dollar gained against the euro and
Read MoreFCA To Continue Restrictions On UK CFDs & Binaries After Brexit
The UK Financial Conduct Authority (FCA) has confirmed that current restrictions on binary options and (CFD’s) which are contract for difference products placed by the European Securities and Market Authority (ESMA) are to be upheld even after Brexit. These restrictions
Read MoreBinance’s Long Awaited Decentralized Exchange Launches
The world’s largest crypto exchange, Binance announced that it has launched its new decentralized trading service. Still in its initial version, users can now access it at testnet.binance.org. This service has long been anticipated as an additional offering of the
Read MoreEuro Declines After ECB Economist Hints LTRO Talks In March
The euro fell against its peers in in in in the European sitting on Wednesday, after the European Central Bank Chief Economist Peter Praet proposed that the fresh tranche of the Targeted Long-Term Refinancing Operation (LTRO) should be debated during
Read MoreUS Homebuilder Confidence Rises Considerably In February
With increasing consumer confidence and rapidly falling interest rates reflected, the National Association of Home Builders released its Tuesday report detailing a substantial increase in US home builders ‘ optimism in February. The report indicated that the NAHB / Wells
Read MoreLuxembourg Approves Blockchain Securities
The small European country of Luxembourg is looking to bring about changes to its financial system. The country’s parliament has just voted to set up a regulatory framework for blockchain securities. Bill 7363 aims to make the transfer of securities
Read MoreEuropean Markets Seen Flat As US-China Trade Negotiations Begin
On Thursday, European stocks are expected to open predominantly unchanged, as China and the US launched two days of trade talks in Beijing in an attempt to de-escalate the trade dispute ahead of the March 1 cutoff date for a
Read MoreBank & ATM Closures Result In UK Cash Shortage
With the rise of digital payments, a lot of banks have been closing physical locations and ATMs, opting for apps and digital access. However, this is causing problems for a lot of people, especially in the United Kingdom (UK). Consumer
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