Elizabeth Anderson
LeapRate Analyst

With over a decade’s experience as a finance writer, Elizabeth Anderson applies her knowledge and experience to keep a finger on the pulse of global trends. Specialising in forex, cryptocurrencies, and stocks, Elizabeth follows the movements that impact the world of trading.
January 17, 2024 BY Elizabeth Anderson

Weekly data: focus on inflation

There was no significant activity among major central banks last week, but expectations of a single cut by the Federal Reserve (‘the Fed’) at the end of this quarter remain high. According to CME FedWatch Tool, around 55% of participants expect five cuts to the funds rate between 20 March and 18 September, which would…

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Russian crude oil tankers
January 17, 2024 BY Elizabeth Anderson

Russian crude oil tankers not making port in India

The G7, the European Union (EU), and Australia capped the price of Russian diesel and petroleum at $60 per barrel to maintain a global supply while hobbling this country’s economy. This limit was set on 5 December 2022 and is one of the sanctions against Russia for invading Ukraine. In December 2023, the US beefed…

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January 16, 2024 BY Elizabeth Anderson

Economists gather at Davos to discuss global outlook

The survey, conducted at the beginning of each year before the World Economic Forum's (WEF) annual meeting in the Swiss resort of Davos, collects data from over 60 chief global economists in both public and private sectors and aims to educate policymakers on worldwide economics. Many of the surveyed experts noted that the disruptive impact…

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January 16, 2024 BY Elizabeth Anderson

China’s economy slow off the mark in 2024

Chow Tai’s managing director, Kent Wong, noted that consumers and investors alike are turning away from precious jewels and instead opting for gold consumption, a move that suggests little confidence in national and global financial stability. Although gold purchases are increasing as diamond and gemstone sales decrease, Wong’s statement suggested that consumer confidence would return…

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January 16, 2024 BY Elizabeth Anderson

Poland expected to regulate crypto markets in 2024

Reports circulated over the weekend to suggest a crypto regulatory framework is being worked on by the KNF. New proposals from the Polish government, which will be announced in the spring, will outline the details of this framework. The KNF will then put the framework in place by December 2024, according to those familiar with…

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January 15, 2024 BY Elizabeth Anderson

Exness joins iFX EXPO Dubai 2024 as Official Global Partner

Taking place on 16-18 January 2024 at the Dubai World Trade Centre, Za’abeel Hall 6, iFX EXPO 2024 is set to be the largest industry event in the Middle East, featuring over 100 speeches and over 3,500 attendees. The event is renowned for its engaging content, networking opportunities and valuable business tools aimed at assisting…

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January 15, 2024 BY Elizabeth Anderson

Ashmore suggest emerging markets will rebound in 2024

Ashmore’s CEO Mark Coombs noted the uptick in investment performance in Q4 of 2023 as talk of cuts spread across markets. According to Yahoo Finance, Ashmore’s funds managed to offset negative flows of $1.6bn in Q4 and gained a positive investment of $3.9bn in the same period. Coombs noted: Emerging Markets delivered good returns and…

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January 15, 2024 BY Elizabeth Anderson

Coinbase Vs. SEC over $150m in unlocked tokens

Set to take place in Manhattan’s federal court on Wednesday, 17 January, the SEC states that Coinbase “violated national securities laws” by selling 13 unregistered crypto tokens. Its second accusation notes that Coinbase did not register its staking-as-a-service (StaaS) program, a method of verifying cryptocurrency transactions that rewards participants on their holdings. Coinbase, on the…

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