Digital Currency Revolution

Digital Currency Series: UBS’ Tokenyz Targets Digitalization for Securities

Dec 04, 2019 06:50 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

A veteran of the renowned investment banking giant UBS has recently launched a new start-up which is penetrating the progressively flocked gamut of platforms for issuing digital securities on a blockchain. Claude...

Bank of England likely to keep policy rate on hold through 2020

Dec 03, 2019 19:04 pm UTC| Commentary

The effect of U.K. inflation from lower fiscal stimulus and increased uncertainty regarding Brexit might be neutral at the first order, with lower domestic demand countering slower exchange rate appreciation, noted...

Indian rupee to make modest progress in 2020, USD/INR to trade around 72.50 by end-2020

Dec 03, 2019 15:57 pm UTC| Commentary

The Indian rupee has been remarkably resilient, in spite of a solid unwinding in growth and a deteriorating fiscal position, noted ANZ in a research report. This has been linked to three drivers: Firstly, the balance of...

Canadian international trade deficit likely to have widened in October

Dec 03, 2019 14:09 pm UTC| Commentary

Canadian international trade data for the month of October is set to release this week. According to a TD Economics research report, the international trade deficit is likely to have widen to CAD 2 billion in the month...

Blockchain Revolution Series

UK-Based Fintech Start-up Hastee Fetches $270M In Debt/Equity Financing

Dec 03, 2019 13:31 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

UK-based fintech start-up firm, Hastee, announced that it has secured about $270 million in equity and debt financing. Umbra Capital which happens to be a newly unveiled modern merchant bank that invests in UK-based...

Australian current account surplus rises above expectations in Q3 2019, net exports to add to GDP growth

Dec 03, 2019 12:17 pm UTC| Commentary

Australian current account surplus surged above market expectations in the third quarter. The surge was driven by a further rise in the trade balance and a sharp decline in the income deficit. The current account surplus...

Digital Currency Revolution

Digital Currency Revolution Series: ‘Crypto Dad’ Now With New York-Based Law Firm, Entrusted For Crypto and Blockchain Innovation

Dec 03, 2019 07:16 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The former United States Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo, who is also known as Crypto Dad, is now all set to work with New York-based law firm Willkie Farr Gallagher as a senior...