Search Results for: Global Markets
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
Prices When Gold Is Money
November 9th, 2018
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced ...
Emerging currencies and shares gain after U.S. midterm results
November 8th, 2018
Emerging stock and currency markets inched higher on Wednesday as investors took a positive view of U.S. midterm elections that gave Democrats the ability to thwart President Donald Trump but left Republicans firmly in charge of the Senate. A ...
CySEC announced withdrawal of Cyprus Investment Firm license
November 1st, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform investors for the withdrawal of the authorisation of a Cyprus Investment Form. In accordance the announcement published, CySEC, on its meeting of 29th October 2018, ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Alexander Geralis Appointed as Chief Product Officer of cXchange at Spotware
October 30th, 2018
Spotware, an award-winning trading solutions provider, has announced an appointment of Alexander Geralis as a Chief Product Officer of cXchange, its digital asset exchange solution. In his new role, Alexander will undertake the overseeing of the product’s development and ...
FCA published UK’s policy and regulatory approach to cryptoassets
October 30th, 2018
The Financial Conduct Authority (FCA) has, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report has considered the policy and regulatory implications of distributed ledger ...
Dollar holds near 10-week high; Euro lost 1.8 percent this month
October 29th, 2018
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...
The biggest of big pictures
October 26th, 2018
I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
U.S. Dollar closes at highest level since 2017
October 26th, 2018
The dollar closed at its highest level in more than a year Thursday, buoyed by investors fleeing from volatile equity markets. The WSJ dollar Index, which measures the U.S. currency against a basket of 16 others, rose 0.1% Thursday ...