The economic tension between Washington and Beijing is soaring. The White House has currently refused to back up a World Bank loan program for China - a loan that is worth $1 billion per year. The funding plan which is for five years was discussed on December 5th, 2019. The program is known as the…
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It has been said that hindsight is often clearer than foresight, and a bit cleverer, too. A case in point is the recent crackdown by Chinese authorities on crypto exchanges throughout the Middle Kingdom. Press reports were quick to shout, “Blockchain, not Bitcoin”, as if the entire wrath of the government was directed at the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 4, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound reached a six-month high to touch $1.3044 during early Wednesday trading. This follows the latest election poll, which points to a widening of the Conservative lead…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 2, 2019. This is not a trading advice. See details below: FOREX The Euro is gaining 0.10% to the Yen, as the markets opened this Monday in a clear risk-on mood. The Single currency has been something of a canary…
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After President Xi’s recent call for everyone in his country to embrace blockchain technology, one would think that China might have been biding its time regarding any commitments to the innovative decentralized ledger system. Nothing could be further from the truth. The government’s attitude may seem to have become “Blockchain, not Bitcoin”, but the private…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 12, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everybody, It's been nearly eight months since the Bitwise report proved more than 95% of volumes in the…
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The need to plan the affairs of state for China has always been a challenge. Feeding nearly 1.4 billion people and coordinating the world’s largest manufacturing industrial complex, when scant resources are available domestically, requires a long-range plan. One agency, the National Development and Reform Commission (NDRC), is one of 26 cabinet departments that is…
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President Xi of China seems to have surprised the world when he so wholeheartedly endorsed the wonders of blockchain technology by demanding that his countrymen “seize the opportunity”. New blockchain-related legislation was passed 24 hours after his statement, and it appeared to all observers that China was now off and running in a blockchain “arms…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The art of looking at a chart to determine patterns and trends is just that... an art.…
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The Monetary Authority of Singapore (MAS) has yesterday shared with the pubic that new initiatives were underway to strengthen capital market activities between Singapore and China. The initiatives were discussed at the 15th Joint Council for Bilateral Cooperation between Singapore and China and aim to facilitate the growing interest of financial institutions based in Singapore…
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