US 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 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 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 MoreUK Economic Growth Tumbles To 6-yr Low On Brexit Uncertainty
Economic growth in Britain slowed sharply in the fourth quarter of 2018, with growth throughout the full year being the slowest in six years as Brexit concerns and international trade tensions dimmed its activity. The GDP grew 0.2% from the
Read MoreBoE Slashes Growth Outlook On Brexit Uncertainty
On Thursday, the Bank of England reduced growth forecasts for the UK economy, saying that the outlook remained highly sensitive to the effects of Brexit, as policymakers left the key interest rate and bond purchases unchanged. The central bank said
Read MoreEuro Dollar Declines On Weak German Industrial Production Data
Industrial production fell to a seasonally adjusted 0.4% since November, when it fell by 1.3 percent, the Federal Statistical Office’s preliminary figures showed Thursday. Economists expected an increase of 0.8% in December. The decline in November was revised from 1.9%
Read MoreGFIN Sends Out Open Invitation For Fintech Testing
New and innovative technology is responsible for changing the way we do things and it is highly sought after in the financial services industry. However, the main obstacle that fintech companies face is gaining recognition and bringing their product to
Read MoreCoinbase Expands OTC Services Into Europe And Asia
Coinbase, one of the world’s biggest cryptocurrency exchanges has announced that they will be expanding their over-the-counter (OTC) services in both Europe and Asia. That’s an interesting approach since Coinbase has mainly done much of its business online. However, in
Read MoreSEC Loophole Allows ICO’s To Continue To Raise Funds
Financial watchdogs in a number of countries cracked the whip in 2018 on Initial Coin Offerings (ICOs) as there were too many rotten apples in the industry that were taking investors for a ride. However, a number of ICO’s flourished
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