7 February, 2017 by The TZ Newswire Staff Comments Off on ECB’s Villeroy says US govt should back off from making comments on FX
ECB’s Villeroy says US govt should back off from making comments on FX
ECB governing council member and BOF gov Villeroy speaking to Il Sole 24 Ore
Recent comments by US trade adviser that the euro was “” has prompted a spirited response from Villeroy.
7 February, 2017 by The TZ Newswire Staff Comments Off on China FX reserves end-Jan USD 2.998trln vs 3.011trln prev
China FX reserves end-Jan USD 2.998trln vs 3.011trln prev
China FX reserves data now out from the PBOC 7 Feb
First time below $3trln since Feb 2011
– gold reserves %71.292bln vs $67.878bln prev
The PBOV intervention continues. Still massive reserves but the powers that be will not be happy.
7 February, 2017 by The TZ Newswire Staff Comments Off on Switzerland Jan foreign reserves CHF 643.7bln vs 646.1bln expected
Switzerland Jan foreign reserves CHF 643.7bln vs 646.1bln expected
Switzerland Jan foreign reserves 7 Feb
– CHF 645.3bln prev
A hint of some SNB smoothing from this latest data but no surprises there.
USDCHF currently 0.9974 near session highs as EURUSD continues to fall and EURCHF holding steady.
7 February, 2017 by The TZ Newswire Staff Comments Off on IBM Implements Expanded Blockchain Initiative in Dubai
IBM Implements Expanded Blockchain Initiative in Dubai
IBM will also be working with UAE-based groups to advance blockchain use in the region.
7 February, 2017 by The TZ Newswire Staff Comments Off on Dubai Partners with IBM to Test Blockchain Trade Finance
Dubai Partners with IBM to Test Blockchain Trade Finance
Dubai’s government is testing blockchain tech for trade finance in partnership with IBM.