World Market News of the 22 November with FXOpen #binance #changpengzhao #boj #nvidiahighlights

BINANCE CEO CHANGPENG ZHAO PLEADS GUILTY AS PART OF BROAD PACT WITH US AUTHORITIES Binance CEO Changpeng Zhao is stepping down and pleading guilty to violating anti-money laundering requirements as part of a wide-ranging deal his company reached with US authorities — a dramatic fall for the leader of the world’s largest cryptocurrency exchange. Binance, as part of the deal, will pay regulators and prosecutors penalties of $4.3 billion and also plead guilty to criminal charges relating to money laundering, conducting an unlicensed money transmitting business, and sanctions violations. Zhao also agreed to pay a $50 million fine. Source: Yahoo Finance BOJ TO END NEGATIVE INTEREST RATES IN 2024, OVER 80% OF ECONOMISTS SAY - REUTERS POLL The Bank of Japan will end its negative interest rate policy next year, more than 80% of economists in a Reuters poll said, with more convinced the central bank is getting closer to exiting its controversial monetary settings. BOJ Governor Kazuo Ueda faces the difficult task of navigating Japan away from the extremely accommodative policy of the past decade without causing market turmoil or squashing a fragile economic recovery. Source: Reuters NVIDIA’S REVENUE TRIPLED Nvidia’s fiscal third-quarter revenue grew 206% year on year to $ billion, handily beating expectations, and net income rocketed from $680 million to $ billion. Moreover, Nvidia expects revenue for the current quarter to increase to $20 billion, an implied 231% growth. But Nvidia finance chief Colette Kress warned exports restrictions will cause sales to China to “decline significantly.” Source: CNBC 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.