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

Read More

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

Read More

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

Read More

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%

Read More

GFIN Sends Out Open Invitation For Fintech Testing

New and innovative technology is responsible for changing the way we do things and it is highly sought after in the financial services industry. However, the main obstacle that fintech companies face is gaining recognition and bringing their product to

Read More

Coinbase Expands OTC Services Into Europe And Asia

Coinbase, one of the world’s biggest cryptocurrency exchanges has announced that they will be expanding their over-the-counter (OTC) services in both Europe and Asia. That’s an interesting approach since Coinbase has mainly done much of its business online. However, in

Read More

SEC Loophole Allows ICO’s To Continue To Raise Funds

Financial watchdogs in a number of countries cracked the whip in 2018 on Initial Coin Offerings (ICOs) as there were too many rotten apples in the industry that were taking investors for a ride. However, a number of ICO’s flourished

Read More

Forex Markets Get Hit By Sudden ‘Flash Crash’

Global traders were surprised when the forex markets saw unexpected surges recently. Analysts have been calling it a “flash crash” because of how it has affected the market.   This has happened once before in 2016 but this time instead

Read More

Bank Of Russia Destroys Russian Retail Forex Market

The Bank of Russia which is the main financial watchdog has eliminated competition from the entire forex market in the country. The move came as a surprise after the Bank of Russia decided to strip several brokerage firms of their

Read More

ESMA Extends CFD Sale Restrictions To Retail Investors

Earlier this year, the European Securities and Markets Authority (ESMA) implemented restrictions on the sale of contracts for differences (CFD) to retail investors. The regulatory body had extended the deadline once already and that was supposed to end January 2019.

Read More