Archives
Reserve Bank Bulletin Released
March 31st, 2014
The Reserve Bank of New Zealand has released the March 2014 edition of the Reserve Bank Bulletin. The Bulletin’s first article provides an introduction to the Reserve Bank’s loan-to-value ratio (LVR) restrictions framework. The Bank imposed an LVR ‘speed ...
US stock market is rigged by high-speed traders
March 31st, 2014
The US stock market is rigged in favour of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to the acclaimed author Michael Lewis. In his new book Flash Boys: A Wall Street Revolt, ...
USD/JPY tests 100-day SMA
March 31st, 2014
Pair’s Outlook Despite the resilience the 55-day SMA has recently demonstrated, in the end USD/JPY has managed to spike through the line and reach 103.03/102.76, which consists of the monthly R1 and 100-day SMA. Should the bulls continue pushing ...
GBP/USD pierced through 1.66
March 31st, 2014
Pair’s Outlook Following a rebound from the 100-day SMA and 2011 highs at 1.65 GBP/USD has breached a number of tough resistances, including the 55-day SMA and monthly pivot point. Accordingly, a chance of further appreciation of the Sterling ...
EUR/USD backed by 100-day SMA
March 31st, 2014
Pair’s Outlook Although the support at 1.3733/1.3680 is not letting the sell-off to carry on, EUR/USD at the same time is failing to gain a bullish momentum in order to leave this area. Still, as suggested by the weekly ...
Cuba acts to draw more foreign investors
March 31st, 2014
Few would say Cuba is an easy place to do business, but a new law aimed at bringing pep to an anemic economy may lure more foreign investors. Cuban lawmakers Saturday approved an international investment measure. Vice President Marino ...
Pakistan’s Musharraf charged with high treason
March 31st, 2014
A court in Pakistan has charged former military ruler Pervez Musharraf with treason, the first army chief to face such a prosecution. Mr Musharraf is accused of unlawfully suspending the constitution and instituting emergency rule in 2007. He pleaded ...
CySec: Council Regulation
March 31st, 2014
The Cyprus Securities and Exchange Commission (CySec) informs, the Cyprus Investment Firms, the Management Companies and the Administrative Services Companies (‘the Regulated Entities) about the publication in the Official Journal of the European Union of the Council Implementing Regulation ...
Obligations arising under the Auditors and Statutory Audits
March 28th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority would like to inform that the obligations arising under the Auditors and Statutory Audits of Annual and Consolidated Accounts Law of 2009, Law.42(I)/2009 (the ‘Law’), as amended, for ...
ASIC: Former finance broker pleads guilty to fraud
March 28th, 2014
ASIC has issued an announcement informing the investors the following: A former finance broker has admitted to stealing the identities of former clients so she could buy two cars, sell them to acquaintances and keep the cash from the ...
