Digital Currency Revolution Series: Latest M&A Deal Between ‘Binance and Indian Crypto-Exchange WazirX’

Nov 21, 2019 07:11 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Of late, we have been witnessing series of acquisition deals in 2019 within the gamut of cryptocurrencies. Some famous examples are: Gemini with NFT (Nifty Gateway), Ripple withMoneyGram, Binance with JEX, eToro with...

Korea-Japan conflict likely to reduce Japan’s GDP by no more than 0.1 pct this year, says Capital Economics

Nov 21, 2019 06:24 am UTC| Commentary Economy

The tensions between Korea and Japan are unlikely to end anytime soon. That suggests that tourist arrivals may fall further and Koreans will continue to boycott Japanese consumer goods. However, Japans shipments to Korea...

US Treasury yields unlikely to rise much further over the next couple of years, says Capital Economics

Nov 21, 2019 05:51 am UTC| Commentary Economy

US Treasury yields have rebounded over the past few weeks, as worries about the US-China trade war and the outlook for the global economy have eased somewhat. But while they are not expected to revisit their lows, Treasury...

FxWirePro: Asian markets noticeably down, gold trades flat at $1,470 mark

Nov 21, 2019 04:28 am UTC| Commentary

All the major Asian indices were trading on a lower note on Thursday. Gold was trading flat around $1,470 mark while silver was trading around $17.08 mark. Japans Nikkei was trading 0.80 pct lower at 22,961.50...

Canadian consumer price inflation remained unchanged in October

Nov 20, 2019 17:53 pm UTC| Commentary

The Canadian consumer price inflation remained unchanged in October. On a year-on-year basis, the headline inflation came in at 1.9 percent, the same as in Septembers, and consistent with expectations. Sequentially, the...

U.S. Treasuries gain ahead of FOMC’s October policy meeting minutes

Nov 20, 2019 12:16 pm UTC| Commentary Economy

The U.S. Treasuries gained during Wednesdays afternoon session amid a relatively quiet day ahead of the Federal Open Market Committees (FOMC) monetary policy meeting minutes for the month of October, scheduled to be...

Malaysian headline inflation remains unchanged in October

Nov 20, 2019 11:49 am UTC| Commentary

Malaysian headline inflation remained the same in the month of October. On a year-on-year basis, the consumer price inflation came in at 1.1 percent, the same as in the prior month. Sequentially, the headline inflation...