US Consumer Confidence Bounces Back Better Than Anticipated In February

According to a report released by the Conference Board on Tuesday, consumer confidence in the United States rebounded in February after three consecutive monthly declines. The Conference Board said its consumer confidence index in February, which fell to 121.7 in

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US Dollar Up As Trump Decides To Postpone Tariff Increase On Chinese Goods

President Donald Trump disclosed on Sunday a dramatic shift in in in in US trade policy through a Twitter posts, announcing his intention to delay a scheduled increase in Chinese import tariffs. The US dollar gained against the euro and

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FCA To Continue Restrictions On UK CFDs & Binaries After Brexit

The UK Financial Conduct Authority (FCA) has confirmed that current restrictions on binary options and (CFD’s) which are contract for difference products placed by the European Securities and Market Authority (ESMA) are to be upheld even after Brexit.  These restrictions

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Binance’s Long Awaited Decentralized Exchange Launches

The world’s largest crypto exchange, Binance announced that it has launched its new decentralized trading service. Still in its initial version, users can now access it at testnet.binance.org. This service has long been anticipated as an additional offering of the

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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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