The Financial Conduct Authority (FCA) announced its decision on Thursday to permanently cease the publication of 1 and 6-month synthetic sterling LIBOR settings on 31 March 2023.
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POUND STERLING ANALYSIS & TALKING POINTSPlanned fiscal stimulus weighs on GBP.10-year Gilt yields through 3%.Fed speakers in focus later today.GBP/USD FUNDAMENTAL BACKDROPCable has been unable to shirk off a surging USD, while the...
Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity,...
Between March 8 and 16 crude oil dropped 23% in just one week from $123.7 to $95. First, anybody can explain why this drop happened so drastically and so quickly (just 1 week)...
On February 19, 2020, the NASDAQ composite made a local peak of $9,840. News of a rapidly spreading global pandemic, shutdowns of entire economies, and lots of deaths sent the NASDAQ spiraling basically...
