DOLLARIZATION OF THE ARGENTINE ECONOMY IS PROOF OF THE EFFICIENCY OF CRYPTOCURRENCIES – Trading Systems – 27 November 2023

Stablecoins and Argentina: Made for Each Other Blockchain, the distributed ledger technology behind cryptoassets, has been surreptitiously gaining its ubiquitous presence in the daily financial lives of Argentines over the last decade. The successive hyperinflation crises, which have afflicted the country since the launch of bitcoin in January 2009, accelerated the adoption of the digital

ECBs de Guindos: Euro area economy is stagnating in 2nd half of 2023

Euro area economy is stagnating in 2nd half of 2023 Q4 GDP will likely be similar to Q3 Risks tilted to the downside Current level of reates held for long enough and will likely tame inflation going forward.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

Inflation to be major challenge to Australian economy for up to two years

Share: Reserve Bank of Australia (RBA) Governor Michele Bullock said on Tuesday that inflation will be the major challenge for the economy over the next two years. Key quotes “Underlying demand was fueling part of the inflation challenge, and it was not entirely a supply-driven issue.” “Says inflation is a crucial challenge in

Federal Reserve Friday speakers will discuss full employment, payments, and the economy

The times below are in GMT / US Eastern time layout: 1345 / 0845 Federal Reserve Bank of Boston President Susan Collins speaks before the 67th Economic Conference, ‘Rethinking Full Employment” 1345 / 0845 Federal Reserve Vice Chair for Supervision Michael Barr participates in “Payments” discussion before the Clearing House Annual Conference 2023 1430 /

China finance minister says economy to maintain upwards trend in Q4

China will still be a key driver to stable growth of global economy I reckon labelling it an ‘upwards’ trend may be a bit of a stretch. If anything, China is just on the road to recovery after what has been a poor economic year by its own standards. The property sector crash and destruction

GBP/USD struggles despite UK´s economy dodging a recession

Share: GBP/USD failed to gain traction on Friday, extended its losses to five consecutive days, is down 0.16% or 20 pips from its opening price after hitting a daily high of 1.2237. At the time of writing, the pair exchanges hands at 1.2205. Read More…   The Pound Sterling (GBP) is expected to continue

Italian economy likely to slow in next few months

Italian economy likely to slow in next few months – stats bureau FULL STORY The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. In its monthly economic bulletin ISTAT noted that consumer confidence fell for a fourth month