Search Results for: SEC
British Pound gains ground against U.S. Dollar
January 19th, 2021
GBP/USD is trying to settle back above 1.3600 while the U.S. dollar is losing some ground against a broad basket of currencies. Yesterday, the U.S. Dollar Index made an attempt to settle above the resistance at the 50 EMA ...
The Pound Euro exchange rate is seen trading lower on Monday
January 11th, 2021
The Pound Euro (GBP/EUR) exchange rate is seen trading lower on Monday, 11th January as currency markets’ attention turns to the Bank of England and possible negative interest rates in the near-term outlook. Sterling is currently quoted at 1.1067 ...
Emerging market stocks neared a record high on Friday
January 8th, 2021
Emerging market stocks neared a record high on Friday as hopes of economic recovery and loose monetary policy lifted sentiment, while most currencies in Europe, the Middle East and Africa fell against a recovering dollar. The MSCI’s index of ...
Economic and monetary outlook for 2021
January 5th, 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. ...
Bitcoin is breaking records because bigger investors are buying it now, says PwC
January 4th, 2021
Bitcoin’s record-smashing rally seen in recent weeks was partly driven by the entry of more big, institutional investors into the market, according to PwC’s global crypto leader Henri Arslanian. The digital currency surged over $30,000 for the first time ...
The psychology of money
December 30th, 2020
The world stands on the threshold of monetary hyperinflation with the US dollar leading the way. The final months of fiat money are coming into view. What will replace them — bitcoin or gold? This article argues that ...
EU tax haven blacklist not catching worst offenders
December 30th, 2020
MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing and ineffective”. Criterion to judge if a country’s tax system ...
Japan prepares for digital currency, in line with China and others
December 30th, 2020
Japan is gearing up its preparation for the issuance of digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks around the ...
Brexit: Extended period for personal data freely flow
December 30th, 2020
The Information Commissioner’s Office (ico), the UK’s independent body set up to uphold information rights, has issued a statement in response to UK Government’s announcement on the extended period for personal data flows, that will allow time to complete ...
European stocks inched higher on Wednesday
December 30th, 2020
European stocks inched higher on Wednesday as UK’s approval of AstraZeneca’s COVID-19 vaccine, bets of more U.S. fiscal aid and large-scale vaccination efforts spurred hopes of a strong recovery in the global economy next year. The pan-European STOXX 600 ...
