© Reuters. Standard Chartered (OTC:) has announced its participation in China’s digital yuan trials, marking a significant step for the international bank in the realm of digital currencies. As one of the first foreign financial institutions to engage in this initiative, the bank has launched digital yuan exchange services and is actively involved as a
Share: US S&P Global Composite PMI held steady at 50.7 in November’s flash estimate. US Dollar Index stays in negative territory at around 103.50. The economic activity in the US private sector continued to expand at a modest pace in early November, with S&P Global Composite PMI holding steady at 50.7. The Manufacturing
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Prior was 50.2 Composite 50.7 vs 51.0 prelim Prior composite 50.2 business confidence rose to the strongest in four months, Input prices and output charges increased at the weakest rates in three years New orders fell for the third month running, albeit at only a slight pace The ISM services sector survey is due at
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
ShareRing, a true self-sovereign digital identity blockchain Australian company, proudly announces its achievement as one of the first in the industry to be accredited under the “Digital Identities and Attributes Trust Framework” (DIATF) in the United Kingdom. This accomplishment marks a significant advancement in ShareRing’s technology and reaffirms the company’s commitment to reusable digital identity
Share: The latest data on Tuesday showed that the preliminary S&P Global Australian Services PMI posted 47.6 in October from 51.8 in September. On the other hand, the Manufacturing PMI eased to 48.0 from 48.7 in the previous reading. Furthermore, the Composite Index came in at 47.3 versus 51.5 prior. Market reaction At the press time,
ISM Services PMI Reading Drops but the Outlook Remains Positive The services sector is the largest by far and contributes the most to total US GDP. As such, it provides a crucial signal of the overall health of the US economy. The PMI report aggregates opinions of the companies’ purchasing managers who often see shifts
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