The following post was written by Thomas Hall. In October, the Federal Reserve cut interest rates for the third time in 2019, with the intention of maintaining the US' longest period of economic growth ahead of the 2020 presidential election. For the incumbent President, those cuts still aren’t enough. Trump has regularly pressured the Fed into…
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Global provider of market data and technology tools for the financial industry Refinitiv, formerly the Financial and Risk business of information giant Thomson Reuters (NYSE:TRI), has announced that it has joined TS Marketplace. Its institutional-grade platform is now accessible within Tradesocio’s ecosystem. This integration benefits financial services providers forming the fintech company’s ecosystem in multiple ways, allowing them…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 28, 2019. The text below is an excerpt and does not contain the full analysis. In UK stocks, British American Tobacco’s trading update was one of the highlights on Wednesday. Despite cigarette sales volume falling in…
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The following market analysis of Gross Domestic Product Annualized (Q3) was prepared by Ramy Abouzaid, Head of Market Research at ATFX. Germany's Q3 GDP came in better than expected after showing limited growth in the euro zone's largest economy by 0.1% QoQ and 0.5% YoY, showing a consolidation in the economy after GDP growth slowed…
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Fidelity Digital Asset Services (FDAS) has announced that New York officials have given it the green light to offer crypto trading services to its clients in the state. FDAS, a subsidiary of Fidelity Investments, has received a “BitLicense”, a coveted legal requirement to do business in the Empire State, from the New York State Department…
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It has been nearly two weeks since Google threw its hat into the competitive ring of large tech companies trying to leverage their respective customer bases by associating in some way with the payments industry. Financial institutions control the payment arena from the consumer through the merchant sector, but banks tend to be slow in…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for November 28, 2019. This is not a trading advice. See details below: GOLD EU indices have opened in the red, after the bill approved by the Trump administration supporting pro-democracy protesters in Hong Kong. It is no surprise that a risk…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for November 27, 2019. The text below is an excerpt and does not contain the full analysis. European markets have opened strongly this morning, pushing back towards record levels with Germany’s DAX less than 2% away from the…
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The following article is courtesy of the liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, B2Broker. The text below is an excerpt. Hong Kong is highly regarded as one of the best countries in the world to set up business, and thanks to its business-friendly policies, it has become…
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Australian watchdog ASIC has announced yesterday that it has banned Paul Nielsen, a former director of Endeavour Securities (Australia) Ltd and Linchpin Capital Group Ltd, from providing any financial services for a period of five years. Earlier this year, the regulator obtained orders in the Federal Court against Linchpin and Endeavour for contravening multiple provisions…
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