Dollar slid to a 15-month low against the yen
February 14th, 2018
The dollar slid to a 15-month low against the yen on Wednesday, as investors remained on edge ahead of key U.S. inflation numbers later in the day, underscoring fragile risk sentiment following the recent shakeout in equity markets. The ...
European shares bounce back after turbulent week
February 12th, 2018
European shares rebounded from six-month lows on Monday as jitters over a sudden spike in volatility that wiped off $1 trillion in market capitalization last week appeared to ease. Broad-based gains helped the pan-European STOXX 600 index rise 1.5 ...
Brexit – the battle for ideas
February 9th, 2018
The battle for ideas in the Brexit debate comes down to two basic economic approaches. The neo-Keynesian macroeconomists in the permanent establishment, who manage the state as economic planners and regulators are on one side. They are naturally ...
Oil rises on report of lower U.S. crude inventories
February 7th, 2018
Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude. ...
Euro rose, Japanese Yen fell; Asian equities kicked off February
February 1st, 2018
Asian equities kicked off February with a recovery from a three day sell-off, as investors decided the outlook for growth and corporate earnings was strong enough to quell concerns about the recent jump up in bond yields. The MSCI ...
Senior SysAdmin (Limassol)
January 31st, 2018
Senior SysAdmin (Limassol) Reference Number: SSYS1018 The position: We are looking for energetic and self-motivated professionals to join our IT team. The key responsibilities of the role include: Ensuring proper and smooth operation of MT4/MT5 trading platforms Administrate, Troubleshooting ...
FCA fines Interactive Brokers (UK) Limited £1,049,412
January 26th, 2018
FCA fines Interactive Brokers (UK) Limited £1,049,412 for poor market abuse controls and failure to report suspicious client transactions The Financial Conduct Authority (FCA) has imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 ...
Researchers find that one person caused bitcoin to spike from $150 to $1,000 in 2013
January 24th, 2018
In 2013, bitcoin was worth just $150 when suddenly, the price spiked. Within two months, one bitcoin was worth $1,000. Four researchers from the Tandy School of Computer Science at The University of Tulsa and the Berglas School of ...
8 countries removed from EU tax haven blacklist
January 24th, 2018
Eight jurisdictions have been removed from the EU’s list of non-cooperative jurisdictions for tax purposes, following commitments made at a high political level to remedy EU concerns. Barbados, Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and ...
ASIC reports on how large financial institutions manage conflicts of interest in financial advice
January 24th, 2018
An Australian Securities and Investments Commission (ASIC) review of financial advice provided by the five biggest vertically integrated financial institutions has identified areas where improvements are needed to the management of conflicts of interest. The review looked at the ...