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S&P500 Undergoing a Bearish Reversal

November 15th, 2017 (0)
S&P500 has turned down from 2596 level where we see a top formation of a wave five after an Elliott wave ending diagonal since end of October. That’s a reversal pattern which normally sends prices back to the start ...

Online purchasing habits of women and men

November 15th, 2017 (0)
Eurostat, the statistical office of the European Union, released a statistical review about the online purchasing habits of women and men. Larger share of women buying clothes online and men buying electronic goods online Only slightly less women than ...

FCA UK Warns About Investing In Cryptocurrency CFDs

November 15th, 2017 (0)
The Financial Conduct Authority, the conduct and prudential regulator for financial services firms and financial markets in the UK, has issued a warning to inform public and investors in relation to the risks of investing in cryptocurrency CFDs. Contracts ...

All Three Major U.S. Stock Indexes Dipped; Euro Kept Big Gains

November 15th, 2017 (0)
All Three Major U.S. Stock Indexes Dipped; Euro Kept Big Gains MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.45 percent. China’s Shanghai index was down 0.7 percent, Australian stocks dropped 0.3 percent and South Korea’s KOSPI ...

Credit Suisse To Pay Millions For Unlawful Conduct In Its Forex Trading Business

November 15th, 2017 (0)
Credit Suisse Traders Engaged in Efforts to Manipulate Prices, Profited at the Expense of Clients, and Improperly Shared Customer Information Credit Suisse Executives Encouraged Traders to Engage in Front Running, Which Deceived and Disadvantaged Customers The Bank Will Also ...

Bitcoin’s value rose $10 billion in just 12 hours after a dramatic sell-off

November 14th, 2017 (0)
Bitcoin rallied more than 11 percent in just over half a day on Monday, following a dramatic plunge in the cryptocurrency over the weekend. The digital currency started trading at $5,857.32 on Monday and rose nearly 15.6 percent to ...

Financial planner sentenced to 10 years imprisonment for fraud

November 14th, 2017 (0)
The former Principal of Sherwin Financial Planners Pty Ltd and Chairman of Wickham Securities Ltd, Bradley Thomas Sherwin, was sentenced in the Brisbane District Court to a total of 10 years imprisonment on 25 charges, brought by the Commonwealth ...

Oil Markets Cautious

November 14th, 2017 (0)
Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. Brent crude futures LCOc1 were at $62.94 per barrel at 0415 GMT, down 22 cents, ...

The yen was flat, euro was little changed; Equity markets in Asia were steady

November 14th, 2017 (0)
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...

Moscow Exchange introduces new index calculation methodology

November 13th, 2017 (0)
The Moscow Exchange has issued a press release to inform that on 10 November 2017 the Central Bank of the Russian Federation registered a revised methodology for the calculation of Moscow Exchange’s indices. The new methodology increases liquidity requirements ...
Broker Cyprus TopFX