Part III: Central Bank Digital Currencies Summary Paper money is a risk-free asset for an individual or business that holds it and a liability of the central bank that issues it. Paper money works well as a medium of exchange for small value payments that are made “in person,” but it does not work as […]
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Yesterday, Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) climbed above the 23,600 mark, supported by progress made during US–China tariff negotiations. However, today the Hang Seng Index (HSI) has dropped towards the Read more…
Markets Substantial progress in the trade negotiations with China this weekend in Switzerland as touted by the US administration triggered an impressive reflationary move of global markets. Both US and most other core bond yields Read more…
Daily Pivots: (S1) 194.22; (P) 195.02; (R1) 196.40; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current rise from 184.35 is in progress and break of 195.95 resistance will suggest that Read more…