Goldilocks’ Comments and Global Economic News Sunday Evening 1-21-24

22/01/2024

Goldilocks’ Comments and Global Economic News Sunday Evening 1-21-24

Good evening ,

“When you trade FX forwards, you are agreeing to trade a currency pair at a set price on a set date in the future. This means you intend to buy one currency (base currency) and sell another (quote currency)at a predetermined price because you believe one of the currencies will strengthen against the other by a specific date.”

Here we have it. It looks like traders are anticipating currency changes.

Let’s look at a couple of reports:
1. “CLS REPORTS METEORIC 67.8% SURGE IN FX FORWARDS TRADING”

2. “CLS has reported a significant uptick in foreign exchange trading activity for December 2023.”

This is a huge shift for traders. Most traders stay away from Forex opportunities because there is far more to be made in the rest of the market.

Something is changing to create this kind of shift in the minds of investors who usually stay away from this sector of the market. Finance Feeds IG Link

© Goldilocks

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In an era defined by rapid technological advancements, the logistics industry is experiencing a transformative shift through the integration of digital solutions.

Digital freight forwarding, a cutting-edge approach to managing and optimising cargo transportation, is proving to be a game-changer for businesses worldwide.

Talk Business Link
The GWW Link
Forbes Link
Seatrade Maritime Link
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SEC Publishes Risk Alert: Observations Related to Security-Based Swap Dealers.

On January 10, the SEC’s Division of Examination published a Risk Alert presenting examination and outreach observations concerning compliance with rules applicable to security-based swap dealers.

The SEC stated that in sharing these observations, the Division seeks to remind security-based swap dealers of their obligations under relevant security-based swap rules and encourage security-based swap dealers to consider improvements in their compliance programs, as may be appropriate, to further compliance with Exchange Act requirements.

The Risk Alert presents observations in the following areas:

(1) reporting of security-based swap transactions and correction of reporting errors;

(2) business conduct standards;

(3) security-based swap trading relationship documentation and portfolio reconciliation; and

(4) recordkeeping.

Gibson Dunn Link JDSupra Link

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Ten spot bitcoin ETFs launched on Jan. 11.

Eight days later, two funds have distinguished themselves in terms of net inflows: BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC).

While the BlackRock offering reached $1 billion in assets after four days of trading, Fidelity’s fund hit the milestone on its fifth trading day. BlockWorks Link

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For the last 15 years, people have been spending their money on Bitcoin and other cryptocurrencies. This has led to a significant rise in money leaving the banking system.

Bringing Bitcoin into the markets and soon other tokenized assets backed by a real value such as gold will add value to our assets and banking system that supports these new digitized portfolios.

Currently, money is coming back to the banks through a new digital asset-based trading system with spot Bitcoin ETF being the first to step into the game.

The difference is going to be in the area of our new virtual assets having a real-world value going forward with the ability for AI and crypto networks to standardize the protocols inside our banking system under a fixed value of gold and other commodities.

This move from a fiat-based debt system to a sound money system gives the new QFS real numbers to work with in computing trades between countries and Cross-border International Trading and Bank the Bank transfers.

Standard protocols will provide security and efficiency and the ability to move our money at the push of a button. Investopedia Link

© Goldilocks

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Amid Collapsed Demand for Existing Homes, Prices Drop Further, Supply Highest for any December since 2018, New Listings Come out of the Woodwork | Wolf Street

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Africa stuck in debt trap as restructuring efforts continue – Business News

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Watch the Debt Clock at 6pm ET tonight! A Secret Message appears every Sunday, Tuesday, and Thursday at 6pm ET. Join the discussions in the Living Room as we try to decode the message!

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