JP Morgan Chase will be the first major bank to embrace the crypto revolution in a significant way by issuing its own proprietary stable coin to speed up cross-border payments and gain other operating efficiencies, as well. JP Morgan Chase moves over $6 trillion across the globe every single day for corporations that are clients […]
Foreign exchange markets got off to a slow start Monday, with trading set to remain subdued due to a sparse data calendar in Europe and public holidays in North America. Nikkei 225 and Hang Seng indices both rose over 1.5% while other Chinese stocks gained even more. Commodity prices, have also rose, with crude oil touch […]
Major Asian shares fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy. The broader equity markets had already been under pressure after Thursday’s weak U.S. retail sales figures triggered fresh doubts about the strength of the world’s largest economy. Asian […]
Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.2 percent. Japan’s Nikkei edged up 0.1 percent […]
Nasdaq will launch two new indices tracking cryptocurrency prices on Feb 25. Bitcoin Liquid Index ( BLX) and the Ethererum Liquid Index (ELX). The indices, will offer real-time price updates in thirdy-second intervals for clients using NASDAQ’s Global Index Data Service (GIDS). According to Nasdaq Trader: Effective Monday, February 25, 2019, Nasdaq, through its data dissemination relationship […]
Asian markets edged up to a more than four-month high on Wednesday, lifted by optimism that the United States and China might be able to hammer out a deal to resolve their nearly year-long trade dispute. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan rose as much as 0.5 percent to hit its […]