Euro Declines After ECB Economist Hints LTRO Talks In March

The euro fell against its peers in in in in the European sitting on Wednesday, after the European Central Bank Chief Economist Peter Praet proposed that the fresh tranche of the Targeted Long-Term Refinancing Operation (LTRO) should be debated during

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US Homebuilder Confidence Rises Considerably In February

With increasing consumer confidence and rapidly falling interest rates reflected, the National Association of Home Builders released its Tuesday report detailing a substantial increase in US home builders ‘ optimism in February. The report indicated that the NAHB / Wells

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Luxembourg Approves Blockchain Securities

The small European country of Luxembourg is looking to bring about changes to its financial system. The country’s parliament has just voted to set up a regulatory framework for blockchain securities. Bill 7363 aims to make the transfer of securities

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European Markets Seen Flat As US-China Trade Negotiations Begin

On Thursday, European stocks are expected to open predominantly unchanged, as China and the US launched two days of trade talks in Beijing in an attempt to de-escalate the trade dispute ahead of the March 1 cutoff date for a

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Bank & ATM Closures Result In UK Cash Shortage

With the rise of digital payments, a lot of banks have been closing physical locations and ATMs, opting for apps and digital access. However, this is causing problems for a lot of people, especially in the United Kingdom (UK). Consumer

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ICE To Launch Bitcoin Futures Trading Platform In 2019

Intercontinental Exchange (ICE), the parent company behind the New York Stock Exchange, has been working on its bitcoin futures trading platform for some time now. ICE has plans to invest heavily into this new trading platform which will be called

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UK Economic Growth Tumbles To 6-yr Low On Brexit Uncertainty

Economic growth in Britain slowed sharply in the fourth quarter of 2018, with growth throughout the full year being the slowest in six years as Brexit concerns and international trade tensions dimmed its activity. The GDP grew 0.2% from the

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BoE Slashes Growth Outlook On Brexit Uncertainty

On Thursday, the Bank of England reduced growth forecasts for the UK economy, saying that the outlook remained highly sensitive to the effects of Brexit, as policymakers left the key interest rate and bond purchases unchanged. The central bank said

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FCA Watching Property Funds Due To Surging Outflows In The UK

The Financial Conduct Authority (FCA) is worried after seeing investors withdraw millions of pounds from property funds. This is mainly because of uncertainty about Brexit and the withdrawal has caused a lot of fear about liquidity leaving the market. Now,

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Euro Dollar Declines On Weak German Industrial Production Data

Industrial production fell to a seasonally adjusted 0.4% since November, when it fell by 1.3 percent, the Federal Statistical Office’s preliminary figures showed Thursday. Economists expected an increase of 0.8% in December. The decline in November was revised from 1.9%

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