The European Central Bank (ECB) is concerned about the large-scale support for the cryptocurrency industry in the United States, initiated by President Donald Trump, as this could lead to a "financial infection" and threaten the stability of the EU economy. In an analytical report, the ECB doubts the sustainability and effectiveness of the recently adopted EU rules governing cryptocurrencies – the Law on Crypto Asset Markets (MiCA).EU officials fear that the reforms of the US financial system wi... Read More
Environmentalists have predicted about the much-protected issue but only few of them presumed it... Read More
The US dollar continued its losing streak after President Trump signed an Executive Order which... Read More
Economists are stating that Bank of Japan is already done with adding economic stimulus to the... Read More
Japanese Prime Minister Shinzo Abe has stated that he is currently open to a possible bilateral... Read More
China being the world's biggest importer of goods and services has big impact on global trading.... Read More
The assessment for the Business PMI of New Zealand remained unchanged in January which is 54.5. An... Read More
The USD was able to reclaim the majority of its losses prior to the inauguration of US... Read More
The Bank of Canada’s Overnight rate target uphold the 0.50 percent as the economic outlook remains t... Read More
The Australian Bureau of Statistics released an official data on Thursday showing an upsurge in... Read More
Federal Reserve Chair Janet Yellen has stated that the Fed might consider implementing a Fed rate... Read More
Residential property in Guangzhou climbed by 0.7 percent in December according to the report from... Read More
India presented consecutive growth for less than 7 percent in the past three-quarters during... Read More
The sterling pound finally increased in value after a long slump after UK PM Theresa May outlined... Read More
UK Prime Minister Theresa May is scheduled to address the UK government today, wherein she is... Read More
The British pound slumped to a three-month low on Tuesday influenced by the speech of Prime... Read More
For the months of October to December 2016, the state of the New Zealand economy kept an optimistic... Read More
The Bank of Japan economic assessment shows a positive outlook in its quarterly report on Monday.... Read More
Oil prices edged higher as the dollar weaken and the expectations about Organization of the... Read More
The sterling pound dropped by as much as 1.6% and has settled below $1.20 for the first time since... Read More
The Federal Reserve publicized on Thursday that the planned fiscal and tax plans under Tump\s... Read More
According to the official data released on Friday, the exports of world’s second biggest economy w... Read More
Oil prices increased in value and has recorded its largest two-day gains within the six-week... Read More
The Central Bank of Brazil reduced its Selic rate benchmark abruptly in their attempt to boost the... Read More
Brexit poses no risk at all towards the UK economy, BOE’s Governor Mark Carney told the Members of P... Read More
The USD weakened dramatically during the previous trading sessions while stocks surged in value... Read More
The global economic forecast from World bank decreased by 0.1 percentage... Read More
After the victory of Donald Trump in the U.S election two months ago, the 45th American President... Read More
The World Bank has stated that Trump’s proposed tax cuts and other spending policies could p... Read More
Host of the next Olympic games is expected to increase its local economic output as much as $11.2... Read More
The British currency declined by 1% and fell sharply to its two-month low versus other major pairs... Read More
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