Speculation is rife on Deutsche’s potential merger with either UBS or Commerzbank. Deutsche’s CEO Christian Sewing has however dampened speculation of any potential merger for at least the next 3 years. On Wednesday, German business daily Handelsblatt reported citing sources… Read More ›
A weak yuan fits well into the ongoing global move of a loose monetary policy. Chinese policymakers have also made it very easy for investors to borrow and short-sell the yuan, which indicates that they are indirectly pushing down interest… Read More ›
Here are potential reasons why the bitcoin is facing headwinds in its efforts to join as a mainstream currency, despite its underlying technological strength. While shedding light on why bitcoin is facing headwinds on joining the mainstream, BlackRock’s Chief Executive,… Read More ›
Although many investors have are hoping that the SEC will approve the creation of the United States’ first bitcoin exchange-traded fund, a few cautious ones, such as Michael Venuto, chief investment officer at Toroso Investments prefer to avoid the volatility… Read More ›
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