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7 Mar 2018

Bank of England's Andy Haldane: Bitcoin doesn’t have the scale

The Bank of England's Andy Haldane has been crossing the wires with his opinions on the Cryptocurrency craze and how consumers should be aware of the "danger" of investing in cryptocurrencies.

Further comments:

  • Cryptos don't pose a major threat to financial stability.
  • They are not yet of a scale -- less than 1% of global wealth -- that would lead us to conclude they pose a system-wide threat. They won't bring down the banks".

  • Bitcoin doesn’t have the scale, won’t bring down the bank.

Mar 7, 2018

Aussie GDP: when is it and how will AUD/USD react?

Aussie GDP overview Australian GDP figures for 2017's final quarter will drop at 00:30 GMT Wednesday, and Aussie bulls could use some good news, but
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Mar 7, 2018

Fed's Brainard: gradual US Rate hikes likely appropriate

Fed's Brainard has been crossing the wires with key comments below: Fed's Brainard: greater confidence inflation will rise to 2-pct target. Fed's
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