Search Results for: currency market
Barclays spoke to regulators about bringing bitcoin ‘into play’
June 26th, 2017
Barclays U.K. CEO Ashok Vaswani told CNBC that the bank has spoken to regulators about cryptocurrencies like bitcoin. Vaswani did not reveal the content of the discussions with Britain’s Financial Conduct Authority (FCA), but said it involved talking about ...
Japan and Australia cooperate on fintech
June 26th, 2017
The Japan Financial Services Agency (‘JFSA’) and Australian Securities and Investments Commission (‘ASIC’) announced the completion of a framework for co-operation to promote innovation in financial services in Japan and Australia. This Co-operation Framework recognises the global nature of ...
Yen little change, Pound increased, Euro flat, Asia Stocks advanced; Investors Review
June 26th, 2017
Fed officials, ECB’s Draghi are due to speak this week Global stocks near all-time highs as tech continues rebound Asian stocks advanced as technology shares continued a recovery and oil climbed for a third straight session after entering a ...
Bitcoin jumps more than 20% from June low
June 19th, 2017
In less than three days, bitcoin bounced more than 20 percent from its low of the month. Developers appeared to reach some agreement on a technological upgrade that threatened to divide bitcoin in two. Bitcoin remains more than 150 ...
Israeli Ministers vote to ban Binary Options sales overseas
June 19th, 2017
Marketers of binary options “grow, accelerate and inflame antisemitism against all Jews and especially against Israelis,” says Israel Securities Authority Chairman. The cabinet and the Ministerial Committee for Legislation approved a bill on Sunday with a blanket prohibition against ...
Bitcoin is suddenly on pace to have its worst week since 2015
June 16th, 2017
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...
How gold can rescue pensions
June 15th, 2017
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries are Australia, Canada, China, India, Japan, Netherlands, ...
Goldman Sachs warned that the bitcoin price may be headed to bearish territory
June 14th, 2017
Wall Street banking giant Goldman Sachs warned its clients that the bitcoin price may be headed for bearish territory. In a recent client note, published by finance blog Zero Hedge, chief technician Sheba Jafari, offered his view on the ...
Stocks, Currencies Mixed Ahead of Fed; Oil Slumps
June 14th, 2017
China retail sales, output match forecast, Aussie dollar rises Treasury yields steady; South Korea’s Kospi gives up gains Asian equities were mixed, with solid gains in Australia and New Zealand offset by China, where markets weakened despite data showing ...
Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor
June 13th, 2017
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...