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JPY garners support as USD weakness persists

Amongst the market movers this morning we see the JPY garnering signifcant support amongst its peers. The USD on the other side was a loser across the board. It Looks like the USD is entering its fourth consecutive daily decline Read More →

U.S. Business Inventories Climb More Than Expected In December

A report released by the Commerce Department on Wednesday showed business inventories in the U.S. rose by slightly more than anticipated in the month of December. The Commerce Department said business inventories climbed by 0.4 percent in December, matching the Read More →

Japan GDP Expands 0.1% On Quarter In Q4

Japan's gross domestic product added a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2017, the Cabinet Office said in Wednesday's preliminary reading.Original Article Read More →

New Jersey Issues Cease And Desist Order To Bitstrade

Authorities in New Jersey have issued a cease and desist order to a digital currency investment fund called 'Bitstrade.' New Jersey Attorney General Gurbir S. Grewal and the Division of Consumer Affairs announced that the Bureau of Securities issued an Read More →

US equities rebound after 2 yr lows; USD is pulling back

US Dollar sells off as US equities stage a comeback following last week’s equity prices decline where prices went to levels last seen in 2016. The sell-off is being attributed to concerns over the rising interest rates in the US.

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Abu Dhabi Mulls Regulatory Regime For Cryptocurrency Exchanges

Abu Dhabi, the capital city of the United Arab Emirates, announced that it is planning to establish a regulatory framework for the virtual currency exchanges and intermediaries. The Abu Dhabi Global Market is an international financial centre set up in Read More →