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February 18, 2019

JP Morgan and Jamie Dimon backtracks and creates own cryptocurrency – “JPM coin”

Announced on Thursday JPM Coin would be tied to the US Dollar A move for JP Morgan to evolve and keep up with “instantaneous payments” Comes after the CEO described Bitcoin as “a fraud” back in 2017 JPMorgan Chase, America’s largest bank, is to launch its own cryptocurrency, JPM Coin. The cryptocurrency has a fixed […]
February 12, 2019

8 Reasons Why Web Trading Guarantees Business Success

Web Trading is not just a business success tool, it’s more than that. It helps you engage your targeted audience and gives your business better exposure. With proper optimization of keywords, you can get better results in Web Trading. For instance, last year Frontier ranked on the first page of Google search. The reason was their highly […]
February 12, 2019

The Week That Was And The Week That Might Be

A “special place in hell” is where European Council President Donald Tusk believes the Brexiteers who had no plan for Brexit, but promoted it anyway, should rest. Tusk’s appetite for an confrontation is nicely summerised here, although it is yet to be seen whether his intentionally provocative and combative remarks will lead to an offer of […]
February 11, 2019

It’s Official, Germany falls in to “Technical Recession” and Here’s Why

An unexpected fall in German industrial output in December ensured any hopes of a bounce post late 2018 bear market were stifled. It was only a matter weeks ago that we had more data out that was placing Germany in to a recession and this week, the death blow was finally dealt. Importantly, it acts as […]
February 11, 2019
When Carney Talks, its markets that listen not politicians.

When Carney Talks, It’s Markets That Listen, Not Politicians

The head of the UK central bank Mark Carney has strongly warned that if a no deal Brexit occurs, Britain will face the weakest growth since the 2008 financial crisis. Central bank describes a “Brexit fog” A no-deal scenario risks at least 2 quarters of negative growth 2019 growth forecast cut from1.7% to 1.2% BoE […]
February 11, 2019
NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar Tumbles This Week as Unemployment Increases

NZ Dollar exchange rate fell this week as weak jobs data appeared to highlight cracks in the NZ labour market. The adverse data opened up the possibility that the Reserve Bank of New Zealand might be needing to cut interest rates. Unemployment increased dramatically in Q4 2018 The final quarter of 2018 showed unemployment increasing […]
February 11, 2019
Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

Australian Dollar Tumbles as RBA Hints at Possible Future Interest Rate Cuts

The Australian Dollar fell this week as the RBA slashed its growth forecasts and set the AUD on a downward spiral. Highlighting that a rate cut was more likely than it previous was, the RBA governor set a different tone. Australian Property prices During his speech Governor Lowe touched upon the Australian property market stating […]