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Germany's Producer Prices Continue To Fall
Germany's producer prices declined for the sixth straight month in July, Destatis reported Thursday.
Producer prices declined 1.7 percent year-on-year in July, slightly slower than the 1.8 percent decrease seen in June. Prices have been falling since February. Economists had forecast prices to fall
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Adyen Executives Shed Stake as Company Growth Slows
Photo: Finance Magnates
Dutch payments company Adyen has announced on Thursday that its four top executives – CEO Pieter van der Does, CTO Arnout Schuijff, CFO Ingo Uytdehaage, and CCO Roelant Prins – are selling a total of 507,631 company shares, corresponding to approximately 15 percent of their
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UK’s FCA Approves Gemini as a Registered Crypto Exchange
Photo: iStock
Winklevoss twins’ crypto exchange Gemini has received greenlight the Financial Conduct Authority (FCA) to start its operations in the United Kingdom.
The UK regulator added Gemini Europe Limited, a local subsidiary of the New York-headquartered exchange, to its register on August 19,
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Tokyo Court Orders Stolen NEM from Coincheck to be Confiscated
Photo: FM
More than two years since Coincheck Inc. was hacked, the Tokyo District Court has issued the first-ever cryptocurrency seizure for Japan, according to numerous media reports including the Japan Times.
According to reports, the Court has issued a protective order in anticipation of the co
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Partnering with the Best – How Moneta Markets has Stayed Ahead of the Competition
Photo: David Bily, Founder of Moneta Markets
2020 has been an integral year for many brokers in the forex market. As competition ramps up given a groundswell of new clients, the ability to stay on top is harder than ever.
Finance Magnates spoke with David Bily, Founder of Moneta Markets for his pe
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Of storms and covid treatments, in the story of oil.
WTI was observed to be trading between a narrow $42.26 and $42.86 price range – as traders assess the impact of the two tropical storms hitting the US Gulf Coast which account for 45% of US oil processing capacity. One of the storms is showing signs of weakening, but the other is showing signs of st
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EUR/JPY Outlook (26 August 2020)
#EUR/JPY#
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke above the key level of 125 and moved into the key level of 126. The German Final GDP q/q data (Actual: -9.7%, Forecast: -10.1%, Previous: -10.1%) released yesterday indicated a slight upwards revision of quarte
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Pull-up Update