by OverviewFX | Jun 6, 2025 | Economy
Wall Street closed lower on Thursday as investors grappled with the public feud between President Trump and Elon Musk, renewed trade uncertainty between the US and China, and growing signs of weakness in the labor market. At the end of Thursday, the Dow Jones...
by OverviewFX | Jun 6, 2025 | Economy
The review of the Credit Suisse crisis showed that the too big to fail regime needs to be improved in order to reduce risks for the state, taxpayers and the economy. For this reason, during its meeting on 6 June 2025 the Swiss Federal Council determined the parameters...
by OverviewFX | Jun 6, 2025 | Economy
Yen expected to be the most volatile in G10 space vs USDOngoing US-Japan talks, geopolitics & data could rock JPYOver the past year US CPI triggered moves of ↑ 0.7% & ↓ 1.7%Bloomberg FX model: USDJPY has 72% of trading within 141.26 – 146.52 over 1-week...
by OverviewFX | Jun 6, 2025 | Economy
The Securities and Futures Commission (SFC) of Hong Kong is joining regulators across the globe to curb activities of unlawful financial influencers (finfluencers) who are putting millions of social media users at risk by touting financial products or services...
by OverviewFX | Jun 6, 2025 | Economy
Hong Kong’s Securities and Futures Commission (SFC) has issued a restriction notice to GA (Int’l) Capital Management Limited (GCML) due to concerns regarding its reliability, integrity and ability to carry on its regulated activities competently, honestly and fairly,...
by OverviewFX | Jun 6, 2025 | Economy
The UK Financial Conduct Authority (FCA) is proposing to lift the ban on offering crypto exchange traded notes (cETNs) to retail investors. Similar products are already available in other countries. It would mean cETNs could be sold to individual consumers, rather...