Libra is the name given to Facebook’s future crypto-currency. “Libra’s mission is to develop a simple global currency and financial infrastructure, serving billions of people,” the project’s white paper, which was revealed on June 18, 2019. The libra will be a cryptocurrency that depends on a set of stable fiat currencies: 50% the dollar, 18% … Read more
In 1992, the euro didn’t exist yet, but there was the European Monetary System (EMS), which stabilized the exchange rate of the various European currencies through the ECU (European Currency Unit). Every day the central banks of the EMS countries intervened on the foreign exchange market to limit the fluctuation margins to a maximum threshold … Read more
Unlike the World Financial Crisis in 2008, the U.S economy seems to be affected more severely by the COVID-19 pandemic than the other economies. With businesses paralyzed, GDP will suffer a sharp drop: $1.5 trillion (4.8%) in production will be lost, according to the Wall Street Journal. Many sectors, such as textiles and trade, fear … Read more
Summary Aladdin (Asset, Liability, Debt and Derivative Investment Network) is an electronic system of BlackRock Solutions, the risk management division of the world’s largest investment management firm, BlackRock, Inc. In 2019, this AI manages $18 trillion in assets (Haberly, D et al., 2019), more than 7% of global financial assets, and monitors approximately 30,000 investment … Read more
The main objective of fundamental analysis is to make financial forecasts such as a possible rise in one currency relative to another. By understanding the economic situation and macroeconomic events, theories can be developed to anticipate certain trends. Macroeconomics analysis looks at the underlying forces responsible for market developments. This in-depth study serves as a … Read more