As far as the internet security space is concerned, 2020 has seen a proliferation of cyberattacks and threats. The latest security breach resulted in a high-profile victim and it is none other…
Category: News
Latest Digital Yuan Pilot Makes 20,000 Transactions in Two Days
The Chinese efforts is actively working on trials of its digital yuan project, as they are regularly implementing further trials across the country. The most recent pilot could be an indication of…
Sterling Climbs Due to an Extension in Brexit Talks
On Monday, Sterling reached the $1.34 mark, experiencing gains of more than 1%, after the European Union and Britain extended discussions for making a post-Brexit deal after Sunday’s deadline. The European Commission’s…
EU and Boris Johnson Ready to Go an Extra Mile for the Brexit Talks
The recent developments related to the Brexit Talks are now appearing to be a good thing for the people who had their reservations about the Brexit trade. It has been revealed that…
US FTC Files Antitrust Case against Facebook
For a long time, big tech companies have been the target of lawmakers and regulators on Capitol Hill due to a possible antitrust rhetoric. This week, the first step was taken by…
Stocks Subdued by US Stimulus Doubts and Brexit
On Friday, world shares slipped as uncertainty regarding US stimulus talks and tricky Brexit negotiations reduced riskier bets even though coronavirus vaccines made progress, keeping the dollar weak and pushing Sterling down….
Euro Remains Stable ahead of ECB Stimulus
On Thursday, the Euro managed to stand its ground before the European Central Bank (ECB) unveiled its fresh stimulus measures. In contrast, the British pound declined after the extension of post-Brexit talks…
Pound Volatility Surges as Johnson and von der Leyen Head to Dinner
On Wednesday, Sterling increased against a broadly week US dollar, after suffering from losses for three days, as British Prime Minister, Boris Johnson is heading to Brussels for dinner in a last-ditch…
Stocks Give Some Ground, Brexit Stumps Sterling
On Tuesday, world shares fell as investors struggled to continue the recent weeks’ rally going with coronavirus infections still increasing and Brussels and London not able to make any progress. The main…
China and Brexit Tensions Weigh on Shares as Pound Takes a Hit
On Monday, world shares as well as other risk assets slipped, as fresh US-Sino tensions and increasing risks of a no-deal Brexit, which hit sterling hard, offset bets over more central bank…