Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 23, 2019. The text below is an excerpt and does not contain the full analysis. A great success was seen in India today as they have now launched a groundbreaking mission to the moon.…
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It’s official – Christine Lagarde, the current head of the IMF, has been nominated to replace the outgoing Mario Draghi as head of the ECB. Known as both a politician, as well as an economist, Ms. Lagarde will bring a much-needed breath of fresh air to the central banking affairs of the EU. Although Lagarde’s…
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Facebook's ambitious cryptocurrency project called Libra is getting a lot of attention, especially from regulatory point of view. Leaprate recently reported that there are a lot of regulatory bodies now looking at Libra and wondering how this upcoming "global" currency will affect the entire world. One of this not so enamored with the project regulatory bodies…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 3, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Lagarde to the ECB Physical & Digital Gold Bounce off 10k Please note: All data, figures &…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 13, 2018. Highlights include: ETH Futures Market Could Spark Innovation: The CFTC is accepting comments on an Ethereum futures market, a development which could allow entrepreneurs to develop Ethereum-based projects, while hedging against the…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The European Central Bank (ECB) will meet on Thursday and is expected to maintain the interest rates unchanged at the historical low levels. The announcement of the plans regarding the Quantitative Easing (QE) program…
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The new service, TARGET instant payment settlement (TIPS), will enable citizens and firms to transfer money between each other in real time and will be available around the clock, 365 days a year. The Governing Council of the European Central Bank (ECB) has decided to develop a new service for the settlement of instant payments.…
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The European Central Bank’s (ECB) decision to stick to its bond buying program despite strong EU-wide economic growth has damped hopes in the market that interest rates will rise any time soon. This loose monetary policy can be felt in the real economy and has effects that reach into the post-trade business as well. Quantitative…
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Supporters of digital payment schemes like to push the idea that a cash-free future is just around the corner, but fully three quarters of all Euro zone payments at the point-of-sale are still made in cash, according to the European Central Bank. The data comes from a survey conducted by the ECB to mark the…
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Clearstream (Clearstream Banking Frankfurt and LuxCSD) just announced that it has successfully migrated to the ECB’s TARGET2-Securities (T2S) platform. The first business day is already in process and runs smoothly. As it is the largest T2S participant, the migration of Clearstream has added an unprecedented volume of about 40% to the overall volume on the…
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