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The sandbox-style video game Minecraft, released back in 2011, is getting a Web3 update thanks to a few developers unaffiliated with Microsoft.To get more microsoft latest news, you can visit shine news official website.

NFT Worlds is a project built on third-party Minecraft servers with a Polygon-based overlay. Polygon is an Ethereum sidechain which offers lower gas fees (i.e., transaction fees) for users. NFT Worlds’ blockchain layer on Minecraft will allow players to access Web3 features, such as an online shop where they can buy items for their Minecraft experience using the $WRLD ERC-20 token
Some of Minecraft’s software is open source, meaning that anyone with the right technical knowledge can build upon it. And Minecraft doesn’t have an established economy like competitor Roblox, which has a robust virtual marketplace and its own (non-crypto) digital currency called Robux. NFT Worlds gives players a metaverse experience in an existing game, which is big news for Minecraft fans and NFT collectors alike.

NFTs—unique blockchain-based tokens that signify ownership over an asset—can come in many forms. In the case of NFT Worlds, the NFTs are pieces of virtual land. There are 10,000 different Worlds, varying in appearance from snowy tundras to forest islands to massive volcanoes. The current floor price—or lowest price to buy immediately without bidding—for a piece of land is 14.5 Ethereum, or about $38,150.

Since Microsoft bought Minecraft’s developer Mojang Studios for a whopping $2.5 billion in 2014, Minecraft’s player base has grown. The game had 131 million monthly active users in 2020 and over 141 million monthly active users in 2021.

NFT Worlds has seen an uptick in interest as well, reporting that over 26,000 player hours were logged on a test server in a three-day period this month. And from January to February this year, the average price for an NFT World suddenly increased by 10 Ethereum ($26,000) after remaining largely stagnant for months.While some might balk at paying upwards of $40,000 for a piece of virtual land, competing Ethereum metaverse game The Sandbox often commands much higher prices. Back in December, someone paid $450,000 for a small piece of virtual land next to rapper Snoop Dogg’s property in The Sandbox.

Compared to The Sandbox—whose economy is run by the $SAND token—NFT Worlds’ properties are exponentially larger.

In fact, ArkDev, co-founder of NFT Worlds, said in a Twitter Space on Wednesday that there are “concerns about the worlds being so humongously large.”NFT Worlds co-founder Temptranquil added that “without some kind of transportation or portal system, a player couldn’t just walk” across an entire piece of land in the game.

When it comes to future developments, the NFT Worlds team wants to make the game experience as low-gas and “frictionless” as possible by using an EIP-2771, an interface which can enable cheaper “meta transactions” on Ethereum. NFT Worlds also wants to create a “global auction house” of sorts, which will function as their online marketplace.

The co-founders chose to build on Minecraft because they see Microsoft as developer-friendly and less strict than competitors like Roblox.“Minecraft has a really large, custom thriving game development system,” ArkDev said.

Microsoft appears to be supportive of metaverse thinking more broadly, as its $68.7 billion acquisition of Activision Blizzard last month was partly aimed at helping it develop “building blocks for the metaverse,” according to a press release at the time.

But building a Web3 world on top of an existing centralized game owned by a billion-dollar company isn’t without its risks. ArkDev and Temptranquil are well aware of the chance that they might “get rugged” by Microsoft, meaning that Microsoft could shut down their project at any time with legal action.

buzai232 Mar 1 '22, 06:29PM · Tags: wikifx

In a sign that the United States government's export restrictions on semiconductor sales to Russia due to its war against Ukraine have been enacted swiftly, multiple reports have emerged today that both Intel and AMD have suspended chip sales to Russia. In addition, reports have also emerged that TSMC's decision to participate in the sanctions will thwart Russia's supply of homegrown chips. Intel has provided us with a statement on the matter, and we have also reached out to AMD and Nvidia for comment.To get more intel news, you can visit shine news official website.

The Russian media outlets also claim that the suspensions have been confirmed by the Association of Russian Developers and Electronics Manufacturers (ARPE). Additionally, Chinese IT companies are said to have been notified by Intel that sales to Russia have been banned.

Intel provided the following comment to Tom's Hardware: "Intel complies with all applicable export regulations and sanctions in the countries in which it operates, including the new sanctions issued by OFAC [Office of Foreign Assets Control] and the regulations issued by BIS [Bureau of Industry and Security]."
The extent of the halted sales is currently unclear. The new export restrictions are primarily aimed at chips for military purposes or dual-use chips that could be used for both civilian and military purposes. That means sales of most consumer-focused chips, like AMD's Ryzen and Intel's Core chips, likely won't be impacted. However, it is widely expected that there will be a temporary halt for all semiconductor sales to Russia as companies work to decide which products and customers are impacted. Additionally, the US DoC has added 49 Russian companies to the Entity List.

The new US export restrictions are akin to the sanctions leveled at Huawei, but they apply to an entire country — a first. Russia has prepared for years to deal with potential sanctions, especially in the wake of the international sanctions in 2014 after its actions in Crimea, by both promoting its own indigenous semiconductor production and also stockpiling chips for just such an occurrence.

However, Russia's domestically-designed chips from companies like Baikal, MCST, Yadro, and STC Module are actually manufactured by Taiwan-based TSMC, which has agreed to also suspend sales to the country to comply with the new export restrictions. That means Russia's supply of homegrown chips could also be cut off.

While companies like Intel and AMD are reportedly suspending sales immediately, that won't have an immediate devastating impact on the industry. According to the Semiconductor Industry Association, the Russian government accounts for less than 0.1% of global chip purchases, while the broader Russian market represents roughly $50.3 billion out of the $4.47 trillion global semiconductor market.

Instead, the impact is expected to be felt when supercomputers, networking, military chips, and the like fail or need upgrades. In those cases, Russia would be forced to acquire the chips illicitly.

buzai232 Mar 1 '22, 06:20PM · Tags: wikifx

FxNet offers trading via MT4 in multiple financial instruments, including forex. This review explores platform downloads, minimum deposits, how to withdraw money, spreads, and more. Find out whether to login and start trading at FxNet today.To get more news about fxnet, you can visit wikifx.com official website.

FxNet Company Details
FxNet Ltd is based in Dubai and owned by BelFx Ltd. The company provides financial trading services to countries outside of the European Economic Area. FxNet holds a license with the International Financial Services Commission (IFSC).

MetaTrader 4 Trading Platform
FxNet uses the well-regarded MetaTrader 4 (MT4), which is available as a downloadable platform and via a web browser. MT4 was designed specifically for forex trading and provides a data-rich environment with good market depth and trading histories. It also offers 30 analysis tools, 50 customisable indicators and nine timeline choices.
FxNet has a good range of tradeable instruments. Clients can trade on 51 forex pairs, 81 company shares, and 16 global stock indices. The broker also offers trading in 5 metals, 9 commodities, including energies and agricultural products, plus three CFDs on US and German bonds.

Spreads & Commissions
Forex spreads vary depending on the account held. Standard accounts get a minimum spread of 2.2 pips on the EUR/GBP, 1.8 pips on the EUR/USD, and 2.1 pips on the GBP/USD. With the Platinum account, spreads start at 0.2 pips on the EUR/GBP and 0 pips on both the EUR/USD and GBP/USD. There is also a 1.2 pip commission on all trades.

Overnight positions incur a charge. These swaps are variable and details can be found on the website.

Leverage
Leverage rates at FxNet are competitive, reaching up to 1:500 for forex trading with all account types. Other instruments have lower maximum rates; metals, indices and commodities can be leveraged up to 1:100 and shares can be leveraged up to 1:50.

Mobile Apps
The MetaTrader 4 platform provided by FxNet is available for trading on the go. Any device with Android 4.0, iOS 5.1.1 or above can download the mobile platform for free. The app has one touch trading, three chart types and over 30 technical indicators integrated into a sleek, intuitive interface.
Deposits can be made to FxNet accounts using Visa and Mastercard payment cards, Neteller, Skrill and bank transfers. All options support Euro and the US dollar, except Skrill, which only accepts US Dollar. Bank transfers can take up to five business days to be credited while other methods are almost instant.

To withdraw money from an FxNet account, the same method must be used as for the initial deposit. However, to fully empty an account, all profits must be withdrawn using bank transfers, which can take three to five business days. All other methods take up to 48 hours to be processed.

There are commissions placed on deposits and withdrawals, with varying rates based on the payment method. Bank transfers are only charged any bank fees, but other methods are charged different rates, the details of which can be found on the website.

buzai232 Feb 23 '22, 12:50AM · Tags: wikifx
London, United Kingdom – UK-headquartered global financial technology company TigerWit has won three awards at the Global Forex Awards 2019. TigerWit has been recognised as:To get more news about tigerwit, you can visit wikifx.com official website.
• Most Transparent Global Forex Broker
• Best Asian Forex Trading App
• Best Global Forex Trading Innovation
Tim Hughes, CEO at TigerWit said: “In the past year TigerWit’s team has worked hard to build the most innovative trading tools for traders and establish a truly global offering. Being recognised at the Global Forex Awards for three categories where we have concentrated our efforts is a testament to the products and services we have delivered to our customers. The exciting thing for TigerWit is not only winning these awards, but what we plan to bring to our clients in the months and years ahead.”The Global Forex Awards employs independent nomination and voting processes meaning that winners are chosen by real forex trading customers from around the world. Winners were announced in Limassol, Cyprus on 3 October 2019 at a ceremony that was attended by over 100 industry executives.Mike Boydell, Director at Holiston Media, said: “TigerWit was a standout nominee for the categories that they won. It comes as little surprise they have been recognised by traders on three occasions and these accolades go to show just how forward thinking innovative TigerWit is when it comes to providing such an innovative and transparent trading app.”TigerWit is a UK headquartered global financial technology company, committed to changing the industry through disruption for the benefit of traders, by bringing innovative trading solutions, such as a pioneering blockchain-based settlement in the form of TigerWit's distributed trading ledger and providing access to key global markets to trade on FX, indices, commodities, metals and cryptocurrencies.
The TigerWit Group includes TigerWit Limited (UK), which is authorised and regulated by the Financial Conduct Authority (FCA), license number 679941, and TigerWit Limited (Bahamas), which is authorised and regulated by the Securities Commission of The Bahamas (SCB), license number SIA-F185.
buzai232 Feb 23 '22, 12:43AM · Tags: wikifx
The French financial services provider allegedly committed such violations between 2013 and July 2021.To get more news about Suspicious Regulatory License, you can visit wikifx.com official website.
  The US Commodity Futures Trading Commission (CFTC) announced on Wednesday that it filed and settled charges against Societe Generale, a leading financial services provider based in France, for swap valuation data and supervision failures.
  According to the press release, the French banking services provider failed to comply with certain swap dealer requirements for disclosing mid-market marks to counterparties and reported inaccurate swap valuation data to a swaps data repository. The order stated that between 2013 and July 2021, Societe Generale committed such violations to the CFTC regulations, as it adjusted such daily marks for profit, hedging, or other legally impermissible costs or adjustments.
  “The order also finds that Société Générale failed to report certain swap valuation data to an SDR accurately. Société Générale also failed to maintain an adequate supervisory system and failed to perform its supervisory obligations diligently with respect to mid-market mark disclosures,” the CFTC noted.
  That said, the authority imposed a $1,500,000 civil monetary penalty and issued a cease and desist order while asking Societe Generale to meet the compliance requirements on time. “This is another in a series of cases the CFTC has brought highlighting the need for swap dealer registrants to have an adequate supervisory system and controls in place. Swap dealer registrants must ensure that they make complete and accurate disclosures to counterparties and accurately report swap valuation data to SDRs, and must also diligently perform their supervisory duties,” Vincent McGonagle, CFTCs Acting Director of Enforcement, commented on the matter.
  Recent Swap Dealer Non-compliance Cases
  For a similar situation, the CFTC recently filed and settled charges against Citibank and Citigroup Global Markets Limited for failing to comply with certain swap dealer requirements. The watchdog argued that Citi did not allegedly report the Legal Entity Identifier (LEI) data to a swap repository known as SDR, among other supervision failures.
buzai232 Oct 6 '21, 01:56AM · Tags: wikifx
Against the backdrop of eroding fundamentals, markets become increasingly sensitive to political risks as their capacity for inducing market-wide volatility is amplified. When liberal-oriented ideologies – that is, those favoring free trade and integrated capital markets – are being assaulted on a global scale by nationalist and populist movements, uncertainty-driven volatility is the frequent result.To get more news about xm, you can visit wikifx.com official website.
  What makes political risk so dangerous and elusive is the limited ability investors have for pricing it in. Traders may therefore find themselves hot under the collar as the global political landscape continues to develop unpredictably. Furthermore, much like the spread of the coronavirus in 2020, political pathogens can have a similar contagion effect.
  Generally speaking, markets do not really care about political categorizations but are more concerned with the economic policies embedded in the agenda of whoever holds the reigns of the sovereign. Policies that stimulate economic growth typically act as a magnet for investors looking to park capital where it will garner the highest yield.
  These include the implementation of fiscal stimulus plans, fortifying property rights, allowing for goods and capital to flow freely and dissolving growth-sapping regulations. If these policies create adequate inflationary pressure, the central bank may raise interest rates in response. That boosts the underlying return on local assets, reeling in investors and lifting the currency.
  Conversely, a government whose underlying ideological predilections go against the gradient of globalization may cause capital flight. Regimes that seek to rip out the threads that have sown economic and political integration usually create a moat of uncertainty that investors do not want to traverse. Themes of ultra-nationalism, protectionism and populism have been frequently shown to have market-disrupting effects.
  If a state undergoes an ideological realignment,traders will assess the situation to see if it radically alters their risk-reward set up. If so, they may then reallocate their capital and re-formulate their trading strategies to tilt the balance of risk to reward in their favor. Volatility is stoked in doing so however as reformulated trading strategies are reflected in the market-wide redistribution of capital across various assets.
EUROPE: EUROSCEPTIC POPULISM IN ITALY

  In Italy, the 2018 election roiled regional markets and eventually rippled through virtually the entire financial system. The ascendancy of the anti-establishment right-wing Lega Nord and ideologically-ambivalent 5 Star Movement was founded on a campaign of populism with a built-in rejection of the status quo. The uncertainty accompanying this new regime was then promptly priced in and resulted in significantly volatility.
  The risk premium for holding Italys assets rose and was reflected in an over-100 percent spike in Italian 10-year bond yields. That showed investors demanding a higher return for tolerating what they perceived to be a higher level of risk. This was also reflected in the dramatic widening of the spread on credit default swaps on Italian sovereign debt amid increased fears that Italy could be the epicenter of another EU debt crisis.
The US Dollar, Japanese Yen and Swiss Franc all gained at the expense of the Euro as investors redirected their capital to anti-risk assets. The Euro‘s suffering was prolonged by a dispute between Rome and Brussels over the former’s budgetary ambitions. The governments fiscal exceptionalism was a feature of their anti-establishment nature that in turn introduced greater uncertainty and was then reflected in a weaker Euro.
LATIN AMERICA: NATIONALIST-POPULISM IN BRAZIL

  While President Jair Bolsonaro is generally characterized as a fire-brand nationalist with populist underpinnings, the market reaction to his ascendency was met with open arms by investors. His appointment of Paulo Guedes – a University of Chicago-trained economist with a penchant for privatization and regulatory restructuring – boosted sentiment and investors confidence in Brazilian assets.
buzai232 Oct 6 '21, 01:51AM · Tags: wikifx
金融商品取引業者(FX業者)は、2007年9月に施行された金融商品取引法第46条の6第2項にて、自己資本規制比率を120%以上に保つことが義務付けられています。To get more news about マネックス証券, you can visit wikifx.com official website.
自己資本規制比率とは
  金融商品取引業者の経営の健全性(安心して利用できる経営状況か)を測る指標のこと。金融商品取引業者が、金融商品取引業を行う上で、保有資産の価格変動等のリスクが顕在化した場合でも、短期間に対応できる支払い能力を有しているかどうかを示す指標です。
自己資本規制比率の義務2
  自己資本規制比率は、毎年3月、6月、9月、12月の四半期ごとに算出し、営業所やホームページ上などで公開する必要があります。
  FX会社の自己資本規制比率は、200%~500%台が一般的です。
  FX会社は自己資本規制比率が高い方が、緊急事態が起きた場合も自己資本で資金をカバーできると考えられます。
buzai232 Oct 6 '21, 01:45AM · Tags: wikifx
Kepala Ekonom Bank Dunia Kawasan Asia Timur dan Pasifik, Aaditya Mattoo, memprediksi pertumbuhan ekonomi Indonesia akan mendekati angka 5% pada 2022 mendatang meskipun sempat mengalami tekanan akibat Covid-19 pada 2020 dan 2021.To get more news about ids international, you can visit wikifx.com official website.
  “Kami sangat optimis tingkat pertumbuhan ekonomi Indonesia tahun depan bisa mendekati 5%, dan ini menjadi suatu perbaikan tersendiri,” ujar Mattoo dalam World Bank East Asia and Pacific Economic Update Briefing yang dilakukan secara daring, Selasa (28/9/2021).
Keyakinannya tersebut berangkat dari pantauannya terhadap upaya Pemerintah Indonesia yang menggunakan pendekatan hybrid dalam mengatasi pandemi Covid-19. Artinya, pemerintah berupaya melakukan pengetatan mobilitas untuk menangani kesehatan, tetapi tetap berusaha menjaga perekonomian dalam waktu yang sama.
  Lebih lanjut, ia juga memuji percepatan program vaksinasi serta program 3T (tracing, testing, treatment) yang dilakukan oleh Pemerintah Indonesia. Menurutnya, apabila seluruh uaya ini dilakukan bersamaan, Indonesia akan dapat mengatasi Covid-19. “Penyakit ini tidak akan hilang, tapi langkah ini akan membangkitkan ekonomi,” tuturnya.
  Meskipun begitu, ia mengakui masih ada beberapa tantangan bagi Indonesia dalam upaya vaksinasi. “Ini adalah negara yang sangat terdesentralisasi sehingga mereka harus mampu melakukan lebih banyak hal untuk mengatasinya, terutama terkait distribusi dan anggaran vaksinasi,” katanya.
buzai232 Oct 6 '21, 01:40AM · Tags: wikifx
Renko chart là một cách để xem biến động giá tài sản để lọc ra những biến động giá nhỏ. Bởi vì khi biến động nhỏ bị loại bỏ giúp xu hướng giá dễ phát hiện hơn. Đặc điểm đó khiến Renko trở thành biểu đồ giá ưa thích đối với một số nhà giao dịch.To get more news about renko chart là gì, you can visit wikifx.com official website.
  1. Renko chart là gì?
  Renko chart là một loại biểu đồ do người Nhật phát triển, được xây dựng bằng cách sử dụng chuyển động giá chứ không lấy cả dữ liệu giá và thời gian tiêu chuẩn như hầu hết các biểu đồ khác.
  Nó được đặt tên theo từ tiếng Nhật “renga”, có nghĩa là “gạch” vì biểu đồ trông giống như một loạt các viên gạch. Một viên gạch mới được tạo khi giá di chuyển một lượng cụ thể và mỗi khối được đặt ở một góc 45 độ (lên hoặc xuống) so với viên gạch trước đó. Một viên gạch tăng thường có màu trắng hoặc xanh lá, trong khi một viên gạch giảm thường có màu đen hoặc đỏ.
2. Cách hoạt động của Renko chart
  Renko chart được thiết kế để lọc ra các biến động giá nhỏ nhằm giúp nhà giao dịch tập trung vào các xu hướng quan trọng dễ dàng hơn. Mặc dù điều này làm cho xu hướng dễ phát hiện hơn nhưng nhược điểm là một số thông tin về giá bị mất do cấu trúc đơn giản của biểu đồ Renko.
  Bước đầu tiên trong việc tạo Renko chart là thiết lập kích thước viên gạch. Nó có thể là $0,1 trên thị trường chứng khoán hoặc 10 pips trên thị trường ngoại hối. Một viên gạch hình thành trên Renko chart sau khi giá đã di chuyển số tiền đó, chứ không phải trước đó.
Mặt khác, biểu đồ nến cho thấy sự chuyển động của giá trong một khoảng thời gian chẳng hạn như một phút hoặc một ngày. Mặc dù có trục thời gian dọc theo đáy biểu đồ Renko, nhưng không có giới hạn thời gian đặt cho thời gian hình thành hộp Renko, có thể mất 2,5 phút, 3 giờ hoặc 8 ngày. Tất cả phụ thuộc vào mức độ biến động của tài sản và kích thước gạch bạn đặt.
  Renko chart có hiệu quả trong việc xác định mức hỗ trợ và kháng cự vì ít nhiễu hơn nhiều so với biểu đồ nến. Khi một xu hướng mạnh hình thành, nhà giao dịch Renko có thể đi theo xu hướng đó trong một thời gian dài trước khi viên gạch theo hướng ngược lại xuất hiện.
  Các tín hiệu giao dịch thường được tạo ra khi hướng của xu hướng thay đổi và các viên gạch thay đổi màu sắc.
3. Sử dụng Renko chart trong giao dịch như thế nào?
  Cách đơn giản nhất để giao dịch với đồ thị Renko đó là giao dịch Breakout.
  Mặc dù chúng ta nhìn backtest trên biểu đồ Renko này chúng ta thấy nó sẽ rất đúng đắn nhưng trong thực tế đây cũng là một đồ thị tĩnh. Giá có thể chạy rất xa trước khi đóng cửa và tạo một viên gạch khác màu.
  Do bản chất hành động giá cơ bản của Renko, các nhà giao dịch thường sử dụng các chỉ báo kỹ thuật để cung cấp thông tin bổ sung trong biểu đồ của họ và củng cố hoặc cảnh báo chống lại các tín hiệu mua và bán. Chẳng hạn, sự hội tụ / phân kỳ trung bình động (MACD) là một thước đo động lượng giá cho tín hiệu tăng khi đường MACD vượt qua đường tín hiệu và tín hiệu giảm khi đường MACD đi qua đường tín hiệu. Cả hai dòng được tạo bằng cách sử dụng giá trung bình động theo cấp số nhân trong các khoảng thời gian khác nhau, với giá gần đây hơn cho trọng số lớn hơn.
4. Tại sao nên dùng Renko thay cho nến Nhật?
  Sự khác biệt nổi bật nhất đó là Renko mượt mà hơn. Mỗi viên gạch trong Renko có giá khá giống nhau, tạo cho biểu đồ một diện mạo đồng nhất. Còn trên biểu đồ nến Nhật, mỗi thân nến và bóng của nó xuất hiện khác nhau.
  Một viên gạch Renko mới luôn hình thành ở góc trên cùng hoặc dưới cùng bên phải của viên gạch Renko cuối cùng, có nghĩa là hành động giá luôn được mô tả ở góc 45 độ. Điều đó có nghĩa là các viên gạch không bao giờ bên cạnh nhau.
Một điểm khác biệt lớn giữa hai loại biểu đồ là biểu đồ Renko không luôn cung cấp cho bạn thông tin mới nhất. Biểu đồ chỉ cập nhật khi một viên gạch mới được tạo. Biểu đồ nến và biểu đồ Renko được chụp cùng một lúc thường hiển thị các mức giá khác nhau. Đó là bởi vì biểu đồ nến luôn hiển thị giá hoặc giao dịch cuối cùng (giả sử bạn có báo giá theo thời gian thực), trong khi biểu đồ Renko hiển thị giá đã tạo ra viên gạch cuối cùng.
Bởi vì biểu đồ Renko dựa trên kích thước gạch, chúng cũng sẽ không phản ánh chính xác mức giá cao hoặc thấp của tài sản đạt được. Kích thước gạch càng nhỏ, thông tin giá sẽ cập nhật nhanh hơn trên biểu đồ Renko. Nhưng một kích thước gạch nhỏ hơn cũng sẽ làm cho biểu đồ trông rối hơn.
buzai232 Oct 6 '21, 01:32AM · Tags: wikifx
Investors sidelined the British pound on gas shortage, higher inflation concerns, economic slowdown and Brexit woes.To get more news about ingot brokers, you can visit wikifx.com official website.
  The GBP/USD pair remains muted following the previous days downfall. The pair crumbled below 1.3600 for the first time since July on fresh strength in the greenback and the UK domestic factors,which acted as headwind for the sterling. At the time of writing, GBP/USD is trading at 1.3546, up 0.07% for the day.
  Investors ditched risky assets in the wake of Chinas Evergrande default risk and growing concerns on the pace of global economic recovery. Dow Jones lost almost 570 points whereas Nasdaq fell more than 2% since March. The risk sentiment cooled down a little after Evergrande Group said it plans to sell a $1.5 billion stake in Shengjing Bank ltd. It is worth mentioning that S&P 500 Futures is trading at 4,365.50 with 0.51% gains.
  The US Dollar Index (DXY) trades, which tracks the performance of the greenback against its six major rivals, pares some of its earlier gains and retreats slightly below 93.70. Earlier in the day, the greenback zoomed to its highest in more than 10-months, tracing the rise in US Treasury bond yields. The US benchmark 10-year Treasury yields rose to 1.54% and continued to feed on the US Federal Reserve hawkish stance.
  The gains were contained further for the US dollar as US Senate Republicans blocked a bid by the US President Joe Bidens Democrats to head off a potentially crippling US credit default.
  Meanwhile, St. Louis President James Brian Bullard forecasted 5.8% US Gross Domestic Growth (GDP) for 2021.
  On the other hand, the British pound struggled with many of its domestic factors starting with a surge in gas prices with a run on fuel stations. Furthermore, the sharp rise in gas and fuel prices heightens inflationary concerns and economic slowdown fears.
  As for now, traders keep their focus on the release of the UK‘s Bank of England (BOE) Consumer Credit, and the US and the UK central banks’ officers' speeches to gauge the market sentiment.
buzai232 Oct 6 '21, 01:26AM · Tags: wikifx
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