Search Results for: Fed
Instagram users ripped off for £400k in a month in Forex scam
September 4th, 2020
Instagram users are being ripped off by investment con artists – with UK victims handing over nearly £400,000 in just one month. Britain’s national fraud reporting centre was bombared with 164 complaints in June alone, representing a total loss ...
Gold prices retreated further on Thursday
September 3rd, 2020
Gold prices retreated further on Thursday, adding to its sharp drop in the previous session, after its safe-haven appeal was dented by a stronger U.S. dollar and an uptick in risk appetite following economic data that bettered expectations. Spot ...
A critique of modern socialism
September 2nd, 2020
Socialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist model. But after nearly ...
iSignthis: ISX’s damages claim against ASX now over $464.7m
September 1st, 2020
iSignthis Ltd (“ISX”) has now filed in the Federal Court of Australia further and better particulars of the damages which it claims against ASX Limited (“ASX”). The damages of $200.7 million relate to ASX’s decisions to suspend, and continue ...
European stocks are set to open higher on Monday
August 31st, 2020
European stocks are set to open higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Germany’s DAX index is seen climbing 116 points to 13,145, France’s CAC up 44 points at 5,049 ...
Cryptocurrency to get pan-European legal framework
August 24th, 2020
In the fall, the EU Commission is set to complete its work on digital finance, and the result will be a clear definition for cryptocurrency in European law. “Lack of legal certainty is often cited as the main barrier ...
Will a weak dollar bail out emerging markets? Nope
August 24th, 2020
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries’ dollar-denominated debt was going to blow up their – and by extension the rest of the world’s – economies. ...
iSignthis: $264m damages claim against ASX Ltd for misleading and deceptive conduct
August 21st, 2020
iSignthis Ltd (“ISX”) has filed its amended statement of claim against the ASX Limited (“ASX”) in the Federal Court of Australia. The amended statement of claim now also alleges misleading and deceptive conduct under section 1041H of the Corporations ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
Bitcoin hash rate hits record average high with $12K price in sight
August 17th, 2020
Bitcoin’s seven-day average hash rate passes 129 TH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit ...
