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The dollar slipped on Monday; The Australian dollar led modest gains in Asia
June 22nd, 2020
The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in ...
Individual and Company ordered to pay $755,000 for Binary Options fraud
June 18th, 2020
The Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that the U.S. District Court for the Northern District of Alabama issued an order granting a permanent injunction against Aaron B. Butler, a former resident of Muscle Shoals, Alabama, ...
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
iSignthis released a letter to Shareholders – Update
June 17th, 2020
Below is a letter to Shareholders – Update as it was released by iSignthis: Dear Stakeholder Today the ASX released yet another one side letter, without allowing the Company to tell its side of the story. The Company has complied ...
China takes battle for cryptocurrency hegemony to new stage
June 16th, 2020
Global competition for supremacy in digital currencies has entered a new phase with China’s creation of an East Asia cryptocurrency scheme and American social media company Facebook adjusting its Libra plan in line with the stance of U.S. regulators. ...
European shares jumped on Tuesday
June 16th, 2020
European shares jumped on Tuesday as sentiment was lifted by the launch of the U.S. Federal Reserve’s corporate bond buying programme and concerns about a second wave of global coronavirus infections eased. The Fed is set to start purchasing ...
TikTok faces scrutiny from EU watchdogs over Data practices
June 12th, 2020
TikTok, ByteDance Ltd.’s social media app, is facing broader scrutiny over its privacy policies, following a decision by the European Union’s data protection chiefs to coordinate potential investigations. Wednesday’s announcement by a panel of EU authorities follows the decision ...
Europe: A new corporate tax could raise €10 billion a year
June 12th, 2020
A new corporate tax could raise €10 billion a year to help fund stimulus plans while amounting to less than 0.2% of turnover of large companies that benefit from the European Union’s single market, the bloc’s executive said on ...
MMT —it’s just neo-Keynesian macroeconomics
June 12th, 2020
The doyenne of MMT, Stephanie Kelton, has published a book this week explaining modern monetary theory. This article examines the foundations of MMT which Kelton explained in an earlier video released last year. Introduction Macroeconomics has become so ...
European stocks fell sharply Thursday; The biggest movers
June 11th, 2020
European stocks fell sharply Thursday as investors digested the latest comments from the U.S. Federal Reserve and fears of a second wave of coronavirus infections. The pan-European Stoxx 600 dropped 2.9% by the afternoon, with autos plunging 5.5% as ...
