FxWirePro: Snippets of Bullion market trades
May 23, 2018 13:29 pm UTC| Research & Analysis Insights & Views
In this write-up, we emphasize on stay long Dec18 CME gold and stay long Dec18 CME silver Gold: At the end of April, the dollar definitively broke out of a narrow range established since mid-January. The move higher in...
FxWirePro: Relative values in Asian FX bloc – Spotlight on high-beta currencies
May 23, 2018 12:37 pm UTC| Research & Analysis Insights & Views
Leveraged funds were net buyers of USD for the fifth consecutive week, keeping the DXY Index firm. USD buying was largely broad-based, except against the yen. EM currencies saw net selling by both leveraged funds and asset...
Traxia blockchain arm to render trade financing services for SMEs
May 23, 2018 11:29 am UTC| Research & Analysis Fintech Insights & Views
We have already stated in our previous post that financial institutions zeal in advanced technology Blockchain, HSBC Singapore completed a transaction using blockchain based on which it shows they perceived that the...
FxWirePro: Activate 3m EUR/GBP and EUR/JPY correlation swaps
May 23, 2018 11:12 am UTC| Research & Analysis Central Banks Insights & Views
Selling EURGBP vs EURJPY correlation swaps to exploit idiosyncratic GBP noise with positive carry. Short EURGBP vs. EURJPY correlation in our view, the re-emergence of idiosyncratic UK policy risk as a GBP driver is a...
CFTC and SEC chiefs uphold inexplicable universe of digital assets and ICOs
May 23, 2018 08:46 am UTC| Research & Analysis Digital Currency Fintech Insights & Views
The North American Securities Administrators Association (NASAA) announced: Operation Cryptosweep a coordinated enforcement action targeting fraudulent initial coin offerings (ICOs), Commodity Futures Trading Commission...
May 23, 2018 08:09 am UTC| Research & Analysis Insights & Views
We dont see any significant changes in EUR forecast following yet another turgid month in which EUR crosses have continued to respect the pitiful three cent range that has endured for over three months now. Bearish...
Chinese MIIT’s white paper divulges on blockchain’s deployment in real economy
May 23, 2018 06:07 am UTC| Research & Analysis Insights & Views Fintech Commentary
Despite China bans bitcoin trading and blocks access to all domestic and foreign cryptocurrency exchanges and ICO websites, the Chinese ministry of industry and information technology (MIIT) emphasizes in its white paper...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects