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This is a discussion on The News / Hottest within the Analytics and News forums, part of the Trading Forum category; The Bank of England is set to hold interest rates unchanged on Thursday as the economic outlook remains highly uncertain ...

          
   
  1. #1661
    Senior Member TheNews's Avatar
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    Bank Of England Set To Hold Rates Steady Amid Brexit Chaos

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    The Bank of England is set to hold interest rates unchanged on Thursday as the economic outlook remains highly uncertain with the Theresa May government being accused of dilly-dallying on reaching a deal on Britain's exit from the European Union. The nine-member Monetary Policy Committee, led by Governor Mark Carney, is widely expected to leave the bank rate unchanged at 0.75 percent.

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  2. #1662
    Senior Member mlawson71's Avatar
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    Ohio became the first US state to allow bitcoin payments for a wide range of corporate taxes.

    Since Monday businesses throughout the state are allowed to use the crypto coin to pay for as many as 23 taxes with just 1% fee, which is a smaller charge than the standard 2,5% credit card fee.

    For the time being the authorities in Ohio accept only Bitcoins and not any other of the major crypto coins like Ethereum, Ripple, Monero or Dash. Also, the option is limited to corporate taxes and citizens are not allowed to pay personal taxes with the crypto currency.

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  3. #1663
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    Australia Has A$1.925 Billion Trade Surplus

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    Australia had a seasonally adjusted merchandise trade surplus of A$1.925 billion in November, the Australian Bureau of Statistics said on Tuesday.

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  4. #1664
    Senior Member mlawson71's Avatar
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    The Financial Services Agency (FSA) in Japan may approve exchange-traded funds (ETFs) that track crypto assets, although earlier this year the regulator abandoned plans to legitimize other crypto derivatives like futures and options.

    The hope shared by many analysts is that such a decision will help revive the crypto market, suffering the worst selloff in a year, by attracting institutional investors.

    Currently FSA is assessing the potential interest in crypto currencies tracking ETFs.

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