Search Results for: Citi
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
Dollar gives up gains against most major currencies
September 20th, 2019
The dollar drifted lower on Friday after central banks in Switzerland and the UK refrained from following the Federal Reserve in cutting rates, and risk appetites ebbed on caution about U.S-China trade talks. Sterling hits two-month high on Brexit ...
Elliott Wave Analysis: S&P500, German DAX and USDNOK Intra-day Updates
September 18th, 2019
E-mini SP500 futures are slightly turning down at the start of the US sessions, but may not be nothing exciting ahead of the FOMC decisions when real bears may show up if our technical view is correct. German Dax ...
The tiny nation that is creating its own digital currency
September 12th, 2019
An isolated island nation in the Pacific Ocean with a population of about 75,000 continues to break ground in the cryptocurrency space. The Marshall Islands is proceeding with the creation of a blockchain-based national currency, the Marshallese sovereign or ...
China’s new digital currency
September 9th, 2019
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...
Brexit latest: EU nationals to be granted right to stay in UK for three years in case of no-deal Brexit
September 6th, 2019
Britain’s government has abandoned plans to end freedom of movement for European Union citizens immediately after a possible no-deal Brexit and will instead return to an earlier policy of giving them three years’ temporary leave to remain. The fate ...
Alert! Individuals and entities charged with fraud in Binary Options trading scheme
September 3rd, 2019
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail binary options enterprise ...
Facial recognition use triggers GDPR fine
August 30th, 2019
Sweden’s Data Protection Authority has issued its first fine for violations of the European Union’s General Data Protection regulation after a school launched a facial recognition pilot program to track students’ attendance without proper consent. The country’s privacy authority ...
Principal of Binary Options trading firm to a pay $200,000 penalty
August 5th, 2019
The U.S. Commodity Futures Trading Commission issued an order filing and settling charges against Curtis Dalton of Middleton, Massachusetts, requiring him to pay $200,000 for offering illegal off-exchange retail commodity transactions to U.S. and overseas customers while failing to ...
Russian bitcoin theft suspect sued for $100 million by US
July 29th, 2019
Digital currency exchange BTC-e and one of its owners, a Russian whose extradition the US is seeking from Greece to face criminal charges, now face a civil lawsuit in California The US is attempting to recover penalties of $100 ...
