Economy

Funding and reserving Canterbury earthquake insurance claims

Rober Cole of RBNZ on this analysis notice: The 2010-11 Canterbury earthquakes are by far the costliest insurance coverage occasion in New Zealand’s historical past with estimated property insurance coverage claims prices of round $38 billion, and stay one of the important globally. The Funding […]

How to issue a central bank digital currency

David Chaum, Christian Grothoff, Thomas Moser of Swiss Nationwide Financial institution on this paper: With the emergence of Bitcoin and lately proposed stablecoins from BigTechs, resembling Diem (previously Libra), central banks face rising competitors from non-public actors providing their very own digital different to bodily […]

S&P 500 is on Course for its Worst One-Week Performance

S&P 500 is on Course for its Worst One-Week Performance It is a good day for U.S. stock futures, as they edged higher on February 26, signaling a muted rebound for the S&P 500. On Thursday, the technology sector dropped by the most since October […]

Oil fell by 0.8% to $66.33 a barrel, led by dollar strength

Oil fell by 0.8% to $66.33 a barrel, led by dollar strength On February 26, oil prices declined as a collapse in bond prices led to gains in the American currency, while crude supply is likely to rise in response to prices back above pre-corona […]

USD/JPY forecast for February 26, 2021

USD/JPY forecast for February 26, 2021 Looking at the chart on the weekly time frame, we can see that this one too now dollar has made big gains against the Japanese yen. Break above moving averages MA20, EMA20, and now break above MA50 directing the […]

Cryptocurrency Exchange Coinbase and a Historical Moment

Cryptocurrency Exchange Coinbase and a Historical Moment Cryptocurrency exchanges are working hard to expand their business activities. This week, an American cryptocurrency exchange Coinbase released an S-1 filing of its direct listing. As a reminder, the company’ public debut has been hotly anticipated thanks to […]

Weekly news summary for February 19 to 25

Weekly news summary for February 19 to 25 Friday, Feb. 19, 2021: Eurozone PMI Slightly Improves in February Europe’s business activity showed a slight improvement in February but remained in contraction as pandemic lockdowns, and curfews in the bloc continued. IHS Markit’s Initial reading of […]

AUD/NZD forecast for February 26, 2021

AUD/NZD forecast for February 26, 2021 Looking at the graph on the weekly time frame, we see that a triangle has been formed on the graphically narrowing space for the maneuver of burning the AUD/NZD pair in the corner. The average movements are indefinite for […]

Is Google enabling Al systems to become sexist or racist? 

Is Google enabling Al systems to become sexist or racist? Google has faced several charges about AI ethics over the years. Another twist in the story became the company’s decision to fire Margaret Mitchell, who until recently was the founder and former co-lead of Google’s […]

Why Tech is Giving Me Jeepers – Watch Out, Gold

Why Tech is Giving Me Jeepers – Watch Out, Gold Powell testimony is over, with markets rejoicing the promise of still accommodative Fed. The value keeps surging overgrowth, and regardless of yesterday‘s great performance, tech has a vulnerable feel to it – semiconductors lead higher, […]