May 24, 2018 06:06 am UTC| Technicals Insights & Views
Chart and candlestick patterns occurred: Back-to-back shooting star patterns have occurred at 149.031 and 148.900 levels to hamper previous bullish momentum and plummet prices subsequently (refer daily chart). Bears on...
Wall Street regulations need a facelift, not a minor Dodd-Frank makeover
May 23, 2018 21:43 pm UTC| Insights & Views Law
Republicans finally managed to roll back some of the Wall Street regulations passed by Congress in the wake of the 2008 financial crisis after years of trying. While it wasnt a full repeal as some had hoped, its the...
Why we perceive ourselves as richer than we think we are
May 23, 2018 21:41 pm UTC| Insights & Views Life
Everyday billions of people make countless decisions that have economic implications. Buying new clothes, having dinner at a Japanese restaurant, renting a house: most of our decisions determine how much money we spend or...
BTC/USD slumps to 1-1/2 month low on massive sell-off after suspension of withdrawals from OKEx
May 23, 2018 15:00 pm UTC| Commentary Digital Currency Insights & Views
The price of bitcoin, the worlds largest cryptocurrency in terms of market cap, slumped to its lowest since mid-April, as investors engaged in massive sell-off since the start of this week, following the suspension of...
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...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects