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Monthly Archives: August, 2023

Fitch warns it may be forced to downgrade dozens of banks

A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday,...

Gold Prices Waver Amid Economic Indicators: Key Levels in Focus

During Tuesday’s Asian session, GOLD prices have found it difficult to gather significant momentum, hovering close to their lowest point since June 6. Currently,...

Singapore central bank says three business days is ‘timely transfer’ for stablecoins

While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes that three business days is a "timely transfer" for single-currency...

What are crypto-backed mortgages, and how do they work?

Crypto mortgages entail utilizing cryptocurrency holdings as security to bind a conventional mortgage or loan.  The procedure to obtain a crypto-backed mortgage starts...

LONDON MARKET OPEN: Financials lead decline in FTSE 100 … – London South East

LONDON MARKET OPEN: Financials lead decline in FTSE 100 ...  London South East www.lse.co.uk

USD Price Forecast: DXY Trades at Key Inflection Point, Retails Sales to Come

US retail sales could supplement the dollar’s recent rally as the Dollar Index (DXY) eyes the 200-day moving average. www.dailyfx.com

Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses

Dubai has started offering commercial licenses to artificial intelligence (AI) and Web3 businesses at a 90% subsidy as it works to create the largest...

Market stance remains cautious ahead of key US data

Here is what you need to know on Tuesday, August 15: Investors remain on edge on Tuesday...

BoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD Bid

UK JOBS DATA KEY POINTS: Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter READ...

£250m funding for more hospital beds in England this winter

"Our winter plans, which build on the progress already made on our urgent and emergency care recovery plan, aim to reduce waiting times for...

UK wages grow at record rate

Regular pay grew at an annual rate of 7.8% between April and June, according to new data. www.bbc.co.uk

Australian Dollar Defies Gravity with Action Out of China, the PBOC and Japan

Australian Dollar, AUD/USD, US Dollar, China, PBOC, Japan, Commodities - Talking PointsThe Australian Dollar bounced despite data that would normally undermine itChina’s economy will...

Singapore central bank releases regulatory framework for stablecoins

Singapore's central bank has released a revised regulatory framework aimed at ensuring stability for single-currency stablecoins regulated in the city-state.The Monetary Authority of Singapore...

Key Players Being Charged in Trump’s Georgia Indictment

The indictment Georgia prosecutors filed Monday in an election interference case targeting former President Donald J. Trump and his associates includes 41 criminal charges...

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