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As the world’s dominant currency, the US dollar maintained its leading role in forex trading last year. The US dollar was on the side of 88 per cent of all trades last year, according to data gathered by LearnBonds.com. Forex Exchange Turnover by Currencies The turnover in the euro, the second most traded currency in…
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Markets will closely study the European Central Bank (ECB) for details of its wide-ranging strategic review under new president Christine Lagarde (pictured) on Thursday. Investors will monitor the head of the ECB’s latest comments for hints that the central bank intends to lower its 2 per cent inflation rate, the first change in 17 years,…
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Since farmers started trading wheat, eggs and butter on the Chicago exchanges in the nineteenth century, commodity brokers have been arranging trades. Traders soon entered the market and began to trade on a purely speculative basis, never taking ownership of the underlying commodities. Commodity brokers continue to act as the middlemen between hedgers and speculators…
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The US may be world’s largest economy and the world’s second-largest trading nation, behind China, but the amount of debt American’s owe is constantly on the rise. But why are the American’s in such vast amounts of debt? People all over the world are no strangers to taking out personal loans, getting credit cards or…
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Alcoa (NYSE: AA) stock price lost more than half of its value in the past two years due to industry-related headwinds. AA share price extended the selloff in 2020 amid expectations for increasing aluminum supplies. Lower than expected results for fiscal 2019 is adding to bearish sentiments. The company missed revenue and earnings expectations for…
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Peer-to-peer lender Funding Circle said Boris Johnson’s election victory pledge to leave the EU leaves it “cautiously optimistic for the UK economy over the next twelve months”. The FTSE 250 group’s global chief risk officer Jerome Le Luel (pictured) said: “We are politically neutral at Funding Circle, however, last month’s election result provided some welcome…
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Almost 700,000 new firms were launched in the UK last year, as growing high-tech firms snapped up more than £10bn in venture capital investment. Last year 681,704 new businesses were launched in Britain, a 2.8 per cent rise compared to a year ago, according to information gathered by LearnBonds. The record number of start-ups in…
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Japan with a population of 126,847,639 now has the highest national debt per citizen. Data gathered and calculated by LearnBonds.com shows that each Japanese national owes $89,525.51 of the $11.4 trillion national debt. This represents a difference of about 24% ($19,345) compared to the United States which has a population of 330,315,550. The US with…
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Keith Morgan (pictured) may be forgiven for comparing his eight years as chief executive of the British Business Bank to Hercules cleaning out the Augean stables. The government’s economic development body has £7bn of loans and guarantees supporting over 91,000 new firms at the end of June. However, he is at the mercy of a slowing…
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FTX, a cryptocurrency derivatives exchange that supports assets like Bitcoin, Ethereum, EOS, and more, has just launched a Bitcoin options feature as of this Saturday. According to a tweet from the CEO of the platform, simply reading “Options are live!,” this Saturday, users can now head to the platform and use it. Options are live!https://t.co/B85lrLVDQO…
