Search Results for: banks
Revamped rules for EU finance: Mifid II; What is MiFID II?
January 17th, 2018
Mifid II, a major revamp of European Union finance rules took effect on January 3, 2018. Its goals: Greater transparency, competitiveness and efficiency in financial instruments, and less scope for fraud and malfeasance. What is MiFID II? It’s a ...
Investors review: Dollar hits three-year low as bounce sputters, euro shakes off political concerns
January 17th, 2018
The dollar fell to a three-year low against its peers on Wednesday, with an earlier bounce sputtering as the euro edged back after shaking off a potentially negative turn in German politics. The dollar index against a basket of ...
Is There Such Thing As A Stable Cryptocurrency?
January 17th, 2018
Bitcoin and its sister cryptocurrencies have rocked the world markets. The sheer volatility of the currency, with incredible, four-figure fluctuations daily, have tanked confidence in vendors. Take the example of the PC gaming delivery platform Steam, who stopped accepting ...
Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments
January 16th, 2018
Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose. Unfortunately, many are getting swept up in ...
Asian equities’ best start to a year since 2006 continued Tuesday; The euro gained less than 0.05 percent
January 16th, 2018
Asian equities’ best start to a year since 2006 continued Tuesday as most bourses in the region pushed higher. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high. ...
Traders review: What to watch out for this week, Asian stocks built on the strong start to this year
January 15th, 2018
Asian stocks built on the strong start to this year and headed for a fresh record high amid optimism in global growth. The yen advanced as traders continued to pile out of bets against the Japanese currency. Hong Kong’s ...
These are the main moves in markets: Euro rose, Gold futures advanced, Asian stocks mixed
January 12th, 2018
Asian stocks are set to end the week on diverging paths as Japanese shares declined, while those in Hong Kong extended a record winning streak. Volatility in the Treasuries market subsided and the euro extended its advance. Equities rose ...
Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading
January 11th, 2018
South Korea’s justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major development for the cryptocurrency space, as South Korea is one of the biggest ...
Ethereum Price Achieves New All-Time High, Market Shifts From Ripple to Ether
January 10th, 2018
Ethereum (Ether) has solidified its position as the second most valuable cryptocurrency in the market as it overtook Ripple (XRP) by a staggering $60 billion within a five-day period. Ether Benefits From Ripple’s Downfall Since January 4, the market ...
Dollar extends losses vs yen after BOJ tapering talk
January 10th, 2018
The dollar extended losses against the yen on Wednesday after the Bank of Japan’s move to trim Japanese government bond (JGB) purchases in the previous session triggered speculation that it could begin tapering its massive, ultra-easy monetary stimulus. Despite ...