The following article was written by FXTM Research Analyst Lukman Otunuga. On the first Friday of every month, circa 1.30pm GMT, the US Bureau of Labor Statistics issues its monthly Employment Situation Summary – more widely known as the Jobs Report. The report not only estimates the number of employed and unemployed citizens, but also…
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The Securities and Exchange Commission (SEC) recently released its fiscal Annual Report for 2018, which outlined the five principles that will guide its assessment of its performance, but which also revealed an accelerated focus on digital assets, with a primary emphasis on Initial Coin Offerings (ICOs). The ICO space has been perceived as the “Wild…
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FX technology company Integral has just released its volumes report for the month of November. The average daily volumes (ADV) across Integral platforms totaled $38.3 billion last month. This shows an increase of 10.7% MoM and a rise of 9.4% compared to the same period last year. This recent data shows that Integral’s partners are…
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Australia based Retail FX broker AxiTrader has announced that it has entered a partnership agreement with Knightsbridge Trading Academy. From now on AxiTrader's clients will have access to Knightsbridge Trading Academy’s training courses, developed in conjunction with the London Stock Exchange’s in-house Academy and the Chartered Institute for Securities and Investment (CISI). James Lawrence at…
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Bitcoin subreddit page, /r/Bitcoin, has just reached one million subscribers, Coin Telegraph reported earlier this week. It has become one of bitcoin’s most important online communities since it was founded in September 2010, two years after the release of Satoshi's white paper. This significant milestone is welcome news for the bitcoin and wider crypto community…
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The Australian regulator (ASIC) has cancelled the AFS license of Financial Advisory Pty Ltd (Solar) company. More details can be seen in the official announcement below: The Australian Securities and Investment Commission (ASIC) has cancelled the Australian financial services (AFS) license of Sydney-based Solar Financial Advisory Pty Ltd (Solar), effective from 21 November 2018. The…
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The Chinese company Grand Shores Technology Group is reportedly developing a stablecoin that will hit the Chinese market in February of 2019. The company is backed up by the Chinese government of Hangzhou, which is the capital of the Zhejiang Province. Grand Shores Group is a company engaged in blockchain and construction services. According to…
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The current market situation with cryptocurrencies, especially with Bitcoin's price is kind of extraordinary in terms of economic sense. The adoption of cryptocurrencies is rising, along with the adoption of blockchain technologies around the globe. The blockchain market is expected to reach around $2.3 billion by 2021. Yet, the prices of major altcoins are falling.…
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Cryptocurrency articles proliferate the headlines these days, but more often than not, the subject matter deals with victims and the losses they have sustained at the hands of clever conmen. Per one insider: “As fascinating as the crypto-sphere might be, it’s definitely not a place for the faint-hearted. Sure, cryptocurrencies have taken the world by…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 4, 2018. Highlights include: Bond Yields Indicate Pending Recession: The 3-year and 5-year bond yields inverted for the first time in a decade. While not as strong of a recession indicator of the 2-year…
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