Current news is English only but we will be adding multilingual news - check back soon.
FCA Is Considering Easing Consumer Duty Rules
The Financial Conduct Authority (FCA) in the United Kingdom is considering reducing the regulatory burden on firms by removing the “need for a Consumer Duty Board Champion” and delaying the introdu...
The Financial Conduct Authority (FCA)
Consumer Duty
UK Consumer Duty
PBOC sets USD/CNY reference rate at 7.1886 vs. 7.1889 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1886 as compared to Friday's fix of 7.1889 and 7.3353 Reuters estimates.
USDCNY
PBOC
CentralBanks
Currencies
PBOC leaves Loan Prime Rates unchanged in January
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday.
PBOC
CentralBanks
China
InterestRate
Macroeconomics
A Presidential Memecoin? How $TRUMP Is Shaking Up Crypto Space
Donald Trump has deepened his involvement in the cryptocurrency space ahead of his January 20 inauguration. In an unexpected move, the US President-elect launched his own memecoin, $TRUMP, this wee...
trump
donald trump
XTB, BitGo, Advanced Markets, and More: Executive Moves of the Week
In another busy week of significant executive appointments, promotions, and exits, XTB named Aleksander Chłopecki as Supervisory Board Chair; BitGo welcomed Former Citi and Standard Chartered Banke...
Week in Focus: IG Acquires Freetrade, eToro Eyes Nasdaq Listing, and More
IG Acquired Freetrade for £160 Million . Topping our weekly news roundup, IG Group acquired Freetrade, a commission-free investment platform, for £160 million in an effort to expand its services in...
SEC Fines Vanguard $106 Million Over "Investor TRFs Tax Consequences"
The SEC announced Vanguard will pay $106 M to resolve charges over misleading statements regarding capital gains distributions and tax implications.
US SEC
Vanguard
retail
Crypto.com Expands EU Services with In-Principle MiCA License from MFSA
Crypto.com has announced securing an in-principle MiCA license from the MFSA, becoming the first major global crypto asset service provider.
crypto.com
MiCA
crypto
cryptocurrency
malta
mfsa
Germany’s Boerse Stuttgart Digital Secures MiCA Approval for EU Crypto Expansion
Germany granted one of its first MiCA license to Boerse Stuttgart Digital.
MiCA
Boerse Stuttgart
Colombia Retail Sales (YoY) above expectations (4%) in November: Actual (10.4%)
Colombia Retail Sales (YoY) above expectations (4%) in November: Actual (10.4%)
RetailSales
Colombia
US gas storage falls by 258Bcf – ING
EIA weekly gas storage data shows that US gas storage fell by 258Bcf last week, which is the third largest weekly decline since early 2022, ING's commodity analysts Warren Patterson and Ewa Manthey note.
Gas
Energy
Banks
Large US natural gas storage decline – ING
Oil prices traded weaker yesterday with ICE Brent falling back below US$82/bbl. From a technical point of view, the market is in overbought territory and so overdue a correction.
Oil
Brent
Energy
Banks
United States Industrial Production (MoM) above forecasts (0.3%) in December: Actual (0.9%)
United States Industrial Production (MoM) above forecasts (0.3%) in December: Actual (0.9%)
UnitedStates
IndustrialProduction
Why Ripple (XRP) is Going Up Today: Price Nears 2018 All-Time High
XRP, Ripple’s flagship token, shows a bullish momentum on its technical and fundamental aspects. With the trend reflecting a positive policy change under the new US administration, XRP may be on th...
XRP
ripple. xrp
NEXT BASKET Announces NEBA Token, Powering its Web3 E-commerce Ecosystem
NEXT BASKET is a software platform for building online stores based on artificial intelligence. Sales are currently taking place on 4 continents.
tokens
USD steady to slightly firmer – Scotiabank
The US Dollar (USD) is trading steady to slightly firmer on the session but is heading for its first weekly drop since late November in DXY terms.
DollarIndex
UnitedStates
Fed
Banks
Canada Canadian Portfolio Investment in Foreign Securities up to $17.85B in November from previous $-2.65B
Canada Canadian Portfolio Investment in Foreign Securities up to $17.85B in November from previous $-2.65B
Canada
ForeignTrade
Canada Foreign Portfolio Investment in Canadian Securities came in at $16.4B, above forecasts ($14.5B) in November
Canada Foreign Portfolio Investment in Canadian Securities came in at $16.4B, above forecasts ($14.5B) in November
Canada
ForeignTrade
United States Building Permits (MoM) registered at 1.483M above expectations (1.46M) in December
United States Building Permits (MoM) registered at 1.483M above expectations (1.46M) in December
Housing
UnitedStates
IndustrialProduction
Binance Expands in Uzbekistan with Local Currency Deposits and Withdrawals
Binance has received authorization to operate in Uzbekistan through COINPAY LLC. This collaboration allows Binance to use COINPAY's official platform.
CFPB Orders Block to Pay $255 Million for "Compliance and Fraud Failures"
Block, the parent company of Cash App, has agreed to pay an $80 million fine as part of a settlement with 48 state financial regulators over violations of the Bank Secrecy Act (BSA) and anti-money ...
block
fintech
CFPB
penalty
China: Fourth quarter 2024 GDP surges to 5.4% YoY – ING
In other markets, China's fourth quarter 2024 GDP surged to 5.4% year-on-year, up from 4.6% YoY and marking the highest level of the year, and the fastest YoY growth of any quarter since 2Q23, ING's FX analyst Francesco Pesole notes.
China
Growth
GDP
Banks
China: 4Q24 GDP is boosted by industrial sector – UOB Group
China’s 4Q24 GDP growth accelerated to 5.4% y/y, 1.6% q/q sa. The 2024 full year growth of 5.0% has met official target, coming in slightly higher than our forecast of 4.9%. The stronger recovery was driven by the industrial sector, UOB Group's economist Ho Woei Chen notes.
China
Growth
GDP
Banks
Capital One Faces Widespread Outage as Rivals Thrive
While Capital One customers scramble for answers, America’s banking giants are popping champagne in a banner week for the industry.
Capital One
digital banking
outage
IG Deal Cuts Freetrade’s Valuation By Over a Quarter: Shareholders Backlash
Following the acquisition by IG Group, Freetrade is facing backlash from its early investors as the £160 million cash deal was more than a quarter lower than its previous fundraising valuation, Sky...
Crypto Market Maker Wintermute Sees Record $2.24 Billion Daily Trading Volume
The cryptocurrency market maker Wintermute revealed interesting growth numbers in over-the-counter (OTC) trading volumes during 2024, signaling an important shift in institutional cryptocurrency adoption.
Wintermute
institutional
crypto
XRP Surpasses Bitcoin as Top-Traded Asset on Coinbase amid US Demand Surge
XRP, the third-largest cryptocurrency by market capitalization, has surpassed Bitcoin (BTC) as the most-traded digital asset on Coinbase.
Majority of BoJ board members likely to approve rate hike next week – Nikkei
Citing multiple unnamed sources, the Nikkei Asian Review reported on Friday, a majority of Bank of Japan (BoJ) board members is expected to approve an interest rate hike at the Bank’s policy review meeting next week.
BOJ
CentralBanks
USDJPY
InterestRate
ATFX Connect Partners as Diamond Sponsor at iFX Expo Dubai 2025
ATFX Connect won Best Institutional Broker MEA at iFX Expo Dubai 2025 this week.
ECB’s Stournaras: Policy should continue with a series of rate cuts at the next meetings
European Central Bank (ECB) Governing Council member Yannis Stournaras said on Thursday that “policy should continue with a series of rate cuts at the next meetings.” Additional quotes Our moves should be gradual and cautious based on the available data.
ECB
CentralBanks
InterestRate
EURUSD
UK Retail Sales unexpectedly drop 0.3% MoM in December vs. +0.4% expected
The United Kingdom (UK) Retail Sales decreased at a monthly pace of 0.3% in December after growing 0.1% in November, the latest data published by the Office for National Statistics (ONS) showed Friday.
RetailSales
EconomicIndicator
UnitedKingdom
GBPUSD
United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.6%) in December: Actual (2.9%)
United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.6%) in December: Actual (2.9%)
Consumption
UnitedKingdom
RetailSales
GBPUSD
United Kingdom Retail Sales (YoY) registered at 3.6%, below expectations (4.2%) in December
United Kingdom Retail Sales (YoY) registered at 3.6%, below expectations (4.2%) in December
Consumption
UnitedKingdom
RetailSales
GBPUSD
United Kingdom Retail Sales ex-Fuel (MoM) came in at -0.6% below forecasts (0.1%) in December
United Kingdom Retail Sales ex-Fuel (MoM) came in at -0.6% below forecasts (0.1%) in December
Consumption
UnitedKingdom
RetailSales
GBPUSD
United Kingdom Retail Sales (MoM) registered at -0.3%, below expectations (0.4%) in December
United Kingdom Retail Sales (MoM) registered at -0.3%, below expectations (0.4%) in December
Consumption
UnitedKingdom
RetailSales
GBPUSD
Swissquote Sees “Better than Anticipated” 2024 Financials Due to Crypto Demand
Swissquote, a leading online trading platform, has reported its 2024 revenue to be approximately CHF 655 million, with pre-tax profit expected to exceed CHF 345 million.
Australian BNPL Providers Must Obtain Credit Licence
The Australian Securities & Investments Commission (ASIC) has mandated that Buy Now, Pay Later (BNPL) platforms obtain credit licences.
BNPL
Asic
Australia
South Korea's Crypto Exchange Upbit Faces Suspension Over KYC Violations
South Korea's top cryptocurrency exchange, Upbit, is facing a regulatory storm.
1,200 Alleged Victims Ask Forex Platform Cinkciarz.pl: Where Is Our Money?
Major Polish currency exchange platform Cinkciarz.pl faces criminal investigation as 1,200 customers report missing funds totaling millions.
eToro Files for Nasdaq Listing with $5B IPO Valuation: Report
After years of ups and downs, eToro has confidentially filed for an initial public offering (IPO) in the U.S., targeting a valuation of over $5 billion, the Financial Times reported.
Copy Link
Share on Facebook
Share on X
Share by Email