trading
Trading
Shell helps prop up FTSE 100
Trading
Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan
Trading
FTSE 100 dips as stronger pound and mixed earnings weigh
Trading
Barclays beats forecast on trading boom, but bad loan charges rise
Ethereum Merger brought about noteworthy changes and improvements – Here’s what you should know
Date: October 26, 2022
The Ethereum protocol debuted in 2015 and has seen tremendous success ever since. However, the ETH community has always hoped for a few key upgrades to fully realise this blockchain’s potential. The long-awaited Ethereum merger was finally executed on the 15th of September, 2022. The Merge means that the Blockchain upgraded from a proof-of-work mechanism...
Sterling rises as Sunak victory in PM race offsets economic gloom
Date: October 25, 2022
By Amanda Cooper LONDON (Reuters) -The pound rose on Tuesday, boosted by a degree of investor relief after Rishi Sunak became Britain’s next prime minister, although analysts said gains will likely be short-lived given a gloomy economic outlook. The 42-year-old former finance minister is now Britain’s third prime minister in less than two months. Sunak...
Capitalizing on Cryptocurrency: Tips for Protecting Against Fraud, Minimizing Risk and Maintaining Compliance
Date: October 20, 2022
By Gervasio Tirigall, GBG Americas While there’s no denying that cryptocurrency has been volatile over the years, its global adoption and popularity are on the rise. Consequently, we’ve seen an increase in cryptocurrency regulations aimed at preventing related criminal activities, such as money laundering and terrorist financing. With any market, growth and value can be...
The retail case for CBDCs: public money for the public
Date: October 19, 2022
By Jorge Zaccaro, Economist Programmer at Minka More and more central banks are considering issuing their own digital currencies as part of their mandate to maintain monetary and financial stability, as well as in response to the increasing adoption of cryptocurrencies. It may seem at first that central bank digital currencies (CBDCs) are an entirely...
Market reaction to the pound hitting a record low
Date: October 14, 2022
By Rupert Thompson, Investment Strategist at Kingswood The past week has been a torrid affair with major moves in many markets. Global equities ended the week down a sizeable 4.2% in local currency terms and are back down to around their lows of mid-June. However, a sharp fall in the pound, particularly against the dollar,...
Sterling falls again as investors await Friday’s U.S. jobs data
Date: October 6, 2022
By Harry Robertson LONDON (Reuters) -Sterling slipped on Thursday after a sharp drop the previous day, as investors waited for Friday’s highly significant U.S. jobs data. The pound was 0.66% lower against the dollar at $1.1244, after dropping 1.4% on Wednesday. The euro was last up 0.38% against sterling at 87.67 pence. Gyrations in the...