August 2022

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Huobi’s HUSD is currently trading at $0.85 on Huobi Global exchange. Stablecoin universal are the issuer of HUSD and should have 1:1 backing for each coin issued. They are currently not providing liquidity, unknown whether they have the 200mm to back up the coins market cap currently. FTX and Paxos Read more…

Clearing refers to the process each financial transaction undergoes. In banking, it is the transfer of funds from one account to another via a clearing bank. In finance, clearing is the exchange of capital for securities through a clearing house or clearing broker. Clearing ensures the seller has the securities Read more…

The FOMC meeting minutes shows members had considerable fears over negatively impacting growth by continuing rate hikes but must press on to combat inflation.

New Zealand’s central bank continued its hawkish response to soaring inflation by announcing a seventh consecutive interest rate rise, as the official cash rate increased by 0.5% to 3%.

NZD at 3%; Stocks Remain Strong, Risk Rally Continues; Canadian Inflation Drops

A candlestick chart forms the backbone of technical analysis and remains a cornerstone of many analysts. It includes crucial price action data and displays it in easy-to-read candlesticks. They are colored price bars that allow skilled traders to derive essential information about the potential direction of an asset. Candlestick patterns Read more…

A coincident indicator is a quantitative economic indicator that fluctuates (more or less) in lockstep with the overall state of the economy. Hence, it represents the economy’s current state. At the same time, it is important to note that coincident indicators do not always reflect existing situations due to collection Read more…

The Chicago Mercantile Exchange (CME), sometimes referred to as the Chicago Merc, is a regulated futures and options exchange, the largest of its kind in the world. Agro, fuel, market index, Forex, interest rates, precious metals, housing, and even meteorology are among the industries in which the CME trades futures Read more…