The regulator thinks it's still early for accurately classifying digital assets.
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ASIC Extends Reporting Deadline for Unlisted Entities
The deadline has been extended for balance dates from 31 December 2019 to 31 March 2020.
How To Become A Full-Time Trader (What You Must Know)
Subscribe Apple | Google | Spotify | Stitcher | Soundcloud | YouTube In today’s episode, you’ll discover what it takes to become a full-time trader. So tune in right away… Resources How to be a Profitable Trader Within the Next 180 Days (Even if You’re New to Trading) How to Backtest a Trading Strategy Even if You Don’t Kn
Canada lost one million jobs, unemployment rate jumped to 7.8%
<p>Canada employment contracted -1011k in March, or -5.3%. Employment rate dropped 3.3% to 58.5%, lowest since April 1997. The contraction in employment was also larger than any of the three significant recessions since 1980. Unemployment rate surged from 5.6% to 7.8%. The 2.2% rise was the largest one-month increase since comparable data bec
US initial jobless claims dropped to 6.6m, continuing claims more than doubled to 7.46m
<p>US initial jobless claims dropped -261k to 6,606k in the week ending April 4. Four-week moving average of initial claims rose 1,599k to 4,266k. Continuing claims rose 4,396k to 7,455k in the week ending March 289, highest on record. Four-week moving average of continuing claims rose 1,439k to 3,500k. Full release here.</p> <p>T
ECB Minutes: Unanimous agreement on bold and decisive actions to counter coronavirus risks
<p>Accounts of the ECB meetings in March (11-12, 18), noted “there was unanimous agreement that bold and decisive action was needed to counter the serious risks posed by the rapidly spreading coronavirus for the monetary policy transmission mechanism.” “Reservations were expressed by some members about the necessity of launc
EU finance minister to reconvene meeting on coronavirus rescue
<p>EU finance ministers failed to agree on the coronavirus rescue package earlier this week after a 16-hour video conference meeting. The meeting is due to reconvene at 1500GMT today. Ahead of that, German Economy Minister Peter Altmaier said, “it’s important that we take this decision today on the 500 billion euros that is in dis
ECB Lagarde urges Europe not to get fixated with coronabonds
<p>ECB President Christine Lagarde told French daily Le Parisien that EU leaders should not “get fixated on coronabonds”. There could be other forms of solidarity between European countries in figure the coronavirus crisis. Members could have joint spending from a shared budget. Or there could be a reconstruction fund to finance i
UK GDP dropped -0.1% in February, no growth before coronavirus outbreak
<p>UK GDP contracted -0.1% mom in February, below expectation of 0.1% mom. Index of services rose 0.0% mom. Index of production rose 0.1% mom. Manufacturing rose 0.5% mom. Construction dropped -1.7% mom. Agriculture dropped -0.1% mom. For the three months to February, GDP grew just 0.1% 3mo3m. Index of services rose 0.2% 3mo3m, the only [&hel
Dollar and Loonie Pressured after Poor Job Data
<p>Canadian and US Dollars are both trading as the weakest ones today, after release of job data. US initial claims stood over 6m level for the second week while Canada lost more than 1m jobs in March. Meanwhile, Australian Dollar is trading as the strongest one, following higher stock markets, followed by Sterling. There are […]