• US rejects ‘Communist Chinese' takeover of Chicago Stock Exchange

    1 month ago - By RT

    The top US regulator of the financial markets has blocked the sale of the Chicago Stock Exchange to a Chinese-led investor group due to concerns over the would-be buyers' ability to supervise the bourse after the deal.
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  • Big Implications For The U.S. Dollar's Breakdown Against The Yen

    Big Implications For The U.S. Dollar's Breakdown Against The Yen

    1 month ago - By ETF Daily News

    From Chris Kimble : Is King Dollar in trouble against the Japanese Yen? Could US dollar/Yen weakness send an concerning message to stock bulls?
    The following charts reflect that the US$/Yen and Nikkei 225 are testing some very important levels!
    Below looks at a chart of the US$/Yen over the past 20-years :
    The US$/Yen remains in a long-term downtrend over the past 20-years as it has created a series of lower highs and lower lows. Over the past 7-years, the US$/Yen looks at have created a pennant pattern inside of lines (2).
    Of late the US$/Yen is attempting to break below 6-year rising...
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  • The SEC Just Blocked the Chinese Takeover of a U.S. Stock Exchange

    1 month ago - By Fortune

    The top U.S. financial regulator has blocked the takeover of the venerable Chicago Stock Exchange by a Chinese-led consortium, two years after it was proposed.
    The 136-year-old exchange is not one of America's biggest exchanges-it handles about 1% of U.S. trades-but it is one of its oldest. If the deal had gone through, it would have marked the first takeover of a U.S. exchange by Chinese interests.
    The deal was proposed in February 2016, with the acquiring consortium led by Chongqing Casin Enterprise Group. Casin had the goal of listing Chinese companies in the U.S., and the CHX would...
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