Multiple killed in New Jersey shooting, including an officer

A police officer and multiple others were killed in a shooting in Jersey City Tuesday that authorities say is not believed to have been a terrorism attack, Trend reports citing AP. One officer was pronounced dead at a hospital and multiple other people were found dead at the scene, Mayor Steven Fulop said without indicating […]

Will The #U.S.-#China Trade War Keep The #Euro Afloat?

We’ve written before about politics and their influence on forex trading. The actions of influential politicians in the U.S., Europe, and other areas with large and significant economies can and do impact exchange rates on a day-to-day basis. And naturally, larger actions and conflicts can have a greater effect. For example, back in February EU […]

U.S. banks’ reluctance to lend cash may have caused repo shock

The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said, Trend reports citing Reuters. Cash available to banks for short-term funding all but dried up in […]