The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett. The preparation of a discussion on these innovations coincides with a planned meeting of industry representatives with President Donald Trump at the White House.Bessent clarified that at first, the reserve will be formed at the expense of confiscated digital assets. Subsequently, it is planned to explore... Čítať viac
The Bitcoin attained a record high on Tuesday because of an upsurge demand for crypto-assets and... Čítať viac
President Trump has fired FBI Director James Comey yesterday in a sudden turn of events in the... Čítať viac
The common European currency tumbled on Monday from its highs due to the triumph of centrist wing... Čítať viac
The US economy’s long-term interest rates could be in for an upward pressure in the long haul as t... Čítať viac
Both imports and exports of China soared in April but were below expectations of analysts since... Čítať viac
Khalid Al-Falih, oil minister of Saudi Arabia showed confidence with regards to the deal to limit... Čítať viac
The US Labor Department has released its US job report for April, wherein it indicated that... Čítať viac
The central bank of Australia made some slight changes in its GDP rate and inflation projection... Čítať viac
The growth of annual exports in March has been sluggish as shown in the government data released on... Čítať viac
The MXN experienced downward pressure after trade war anxieties stemming from Trump’s tough take o... Čítať viac
The economy of Indonesia is anticipated to gain momentum in the first quarter because of growth in... Čítať viac
The Indian Rupee (INR) strengthened against the American dollar, while the masala bonds could take... Čítať viac
The US economy has recently recorded its slowest growth rate within a three-year period during the... Čítať viac
Singapore labeled as the Lion City is expected to wrap up the year reaching 1.9% growth in the... Čítať viac
The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds... Čítať viac
Members of the financial industry are no longer expecting the Federal Reserve to push through with... Čítať viac
The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Čítať viac
According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Čítať viac
American consumer spending grew at a steady rate last month following an inflation surge, enabling... Čítať viac
According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Čítať viac
It seems that the European Central Bank is not so keen on loosening its grip on its current... Čítať viac
The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Čítať viac
The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Čítať viac
The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Čítať viac
Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Čítať viac
The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Čítať viac
The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Čítať viac
The appeal of Asian stocks to investors has subsided because of political and economic risks that... Čítať viac
Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Čítať viac
White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Čítať viac
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