CBOE Decides Against Renewal Of BTC Futures Contract

It is bad news for investors who want to play around bitcoin futures. The Chicago Board Options Exchange (CBOE) has made a formal announcement that it will not be renewing its Bitcoin (BTC) futures contract. This is a devastating blow

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Pound Rallies Amid Increase In Risk Appetite

As Brexit-related concerns abated and speculators stayed confident for a US-China trade deal, the pound jumped against its key rivals in the European session on Friday in the midst of risk appetite. UK legislators okayed a motion to pause the

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FCA Looking At Exit Fees Imposed By Investment Firms

Investors in the United Kingdom (UK) will be happy to know that the financial watchdog in the country – the Financial Conduct Authority (FCA) is looking to set a cap or ban exit fees imposed by investment firms. Investment firms

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US Construction Spending Rises More Than Anticipated In January

The US dollar strengthened against its peers following the release of a strong rise in public construction expenditure. The USD/JPY pair hit a high of 111.62, from a low of 110.95. Likewise, the EUR/USD pair declined from a high of

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Invesco Blockchain ETF Launched On London Stock Exchange

Blockchain exchange-traded funds (ETFs) are a hot commodity right now and investors will be interested in the latest ETF that launched on the London Stock Exchange (LSE). Invesco has just launched its new Invesco Elwood Global Blockchain UCITS ETF. The

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Investors Should Keep Eye On Gold Prices As Spike Expected

Gold has always been a valuable commodity but over the past few weeks were not that great. Many have blamed this drop due to a drop in the US labor market. However, it is currently experiencing a recovery from a

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ECB Trims Eurozone Economic Outlook

On Thursday, the European Central Bank axed the growth and inflation target of the euro area, citing constant uncertainties, primarily external, and provided banks with more money through long-term loans to encourage lending to a weak economy. The bank also

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Lack Of Insurance On Cryptocurrencies Keep Investors Wary

Cryptocurrencies have flourished in the last few years because of the uniqueness it brings to the market. One of its standout features is that digital money or cryptocurrencies are independent from the normal banking system. This allows crypto users to

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Pound Rallies On Impressive Growth Of UK Service Sector

At the early European session Tuesday, the pound was trading higher against its significant peers, as figures indicated that the UK services sector was expanding far more than anticipated in February. IHS Markit survey data indicated that the seasonally adjusted

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Customers Unhappy With Daily IT Failures At UK Banks

According to Which?, banks in the UK are suffering because of IT failures which happen on a daily basis. These repeated IT failures are causing a lot of problems for customers who want to use their banks services for convenient

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