THE combination of COVID and China's tariffs could see the Australia winegrowers take a 10 per cent hit to their bottom line, a leading wine economist says. At the end of last year, China slugged Australian with a 218 per cent import tariff due to dumping allegations, killing the lucrative market overnight.
(Reuters) - Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world’s biggest cryptocurrency.
What is the most effective proxy-hedging instrument for the Bitcoin/USD market? A recent study by Dominique Guegan, affiliated with Université Paris, Panthéon-Sorbonne, and two other scholars tackles this question. The study reaches no definitive conclusion, except the negative one that there is no way Bitcoin can be “fully hedged because the density forecasting capabilities of Altcoins…