BIS Exits from China Backed mBridge CBDC Project After BRICS Summit

The Bank for International Settlements (BIS) announced its decision to exit the mBridge cross-border payments project, a CBDC initiative in which China has been a key technology contributor. China recently…

Return on Capital Employed Meaning, Formula. Why Is ROCE Important?

What should a wise investor consider when choosing which company to invest in? Usually, one analyzes income statements, as well as critical financial ratios, such as Return on Capital Employed…

California to vote on stricter rules for low carbon fuels policy

(Reuters) – California regulators will vote on Friday on whether to toughen a policy aimed at boosting low-carbon fuels to slash greenhouse gas emissions from the transportation sector and meet…

XAUUSD: Elliott Wave Analysis and Forecast for 08.11.24 – 15.11.24

The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 2792.90 with a target of 2560.52 – 2418.82. A sell signal:…

South Africa concerned Trump election will impact climate talks

By Tim Cocks JOHANNESBURG (Reuters) – South Africa is concerned by the impact Donald Trump’s election as the next president of the United States may have on talks to tackle…

Ebury Kicks Off as Official FX Partner of C.D. Leganés for Global Transactions

Ebury, a global financial technology firm, has become the new “Official FX Partner” of Spanish football club C.D. Leganés. C.D. Leganés and Blue Crow Sports Club will use Ebury’s services…

WTI Crude Oil: Elliott Wave Analysis and Forecast for 08.11.24 – 15.11.24

The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 77.75 with a target of 61.50 – 53.60. A sell signal:…

M4Markets Leverages Swiset’s AI for IB Acquisition and Retention

Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert…

Oil prices fall more than 1% as Hurricane Rafael risk recedes

SINGAPORE (Reuters) -Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of Mexico will significantly affect U.S. oil and gas output declined, while the…

Can the Aussie Balance Between Two Opposing Sides? Forecast as of 08.11.2024

Australia is between a rock and a hard place: the US is its most important military partner, while China remains the largest consumer market. A trading war between the two…