Hints and tips:
...Figures released on Thursday showed the firm extending its lead as the largest of the Big Four professional services giants, with revenue of $64.9bn in the year to May 31....
...Currency markets continued to price in the prospect of US interest rates remaining elevated for longer than previously expected....
...Expectations of fewer US rate cuts have also sparked a slump in emerging market currencies against the dollar, prompting interventions by Asian central banks, including Indonesia and South Korea....
...The dollar strengthened against Asian currencies on Monday, driven by expectations for US inflation data this week and figures over the weekend showing worsening deflation in China....
...The EU’s Markets in Crypto Assets will start taking effect towards the latter half of the year; in the US half the CFTC’s actions last fiscal year were taken against digital assets....
...On a visit to Nigeria last week, US secretary of state Antony Blinken mentioned that the inability to repatriate capital was an “impediment” to American investors maximising opportunities in Nigeria....
...Its hold on the crypto derivatives market has shrunk from 64 per cent in December 2022 to 48 per cent. Teng said that the exchange’s fortunes were reviving after reaching deals with US authorities....
...The results are Arm’s second since its blockbuster IPO, which valued the company at $65bn on its first day of trading and marked the biggest US listing in almost two years....
...There is also some limited trade denominated in local currencies to avoid Ukraine-related US trade and financial sanctions....
...“The BoI did a pretty good job defending levels beyond 4.00 per US dollar and the disclosure of central bank FX [currency] intervention firepower managed to suppress speculative short shekel flows,” said...
...Elsewhere, the dollar rose 0.5 per cent against a basket of six peer currencies while yields on rate-sensitive two-year Treasuries jumped 0.08 percentage points to 4.64 per cent....
...the US and the elections coming in a number of countries this year....
...Ether is reasonably popular in Europe, where ETPs investing in both crypto futures and the physical spot currencies are permitted in many jurisdictions....
...Tourism is a crucial source of hard currency, with the country having generated around $42bn in tourism revenue in the first nine months of this year, according to official statistics....
...Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal at a rate of $1.00 per PayPal USD....
...In contrast, Germany’s will drop to 64.1 per cent, the agency forecasts....
...Asian currencies slid lower against the US dollar on Thursday, with the renminbi hitting a near six-month low, as investors weighed the prospect of a US default if an impasse to raise the country’s debt...
...The smallest of the Big Four, KPMG brought in revenues of $36.4bn in the 12 months to the end of September, representing local currency growth of 8 per cent....
...The tax exile built his reputation as a currency speculator when he, like George Soros, bet against the pound in the build-up to Black Wednesday in 1992....
...If you spot something fun, let us know in the comments. Update 17:53 BST: Binance has responded....
...the nascent and expanding digital currency industry....
...US stocks rose on Monday as a jump in Tesla shares led a rally in megacap tech stocks, while investors awaited the closely watched US inflation report later this week....
...“The shift towards digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said Dan Schulman, chief executive of PayPal....
...In congress JxC offers Milei up to 64 representatives in the lower house and 23 senators who are open to collaboration, according to analysis by La Nación newspaper....
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