Search Results for: Abe
The Pound to Euro Rate hits a Wall at Notorious 200 Day M.A
February 22nd, 2017
It was an impressive start to the mid-week session for Pound Sterling having broken above a key technical level against the Euro for the first time in months. The exchange rate is now knocking its 200-day moving average; if ...
Former investment firm CEO convicted of unlicensed dealing
February 20th, 2017
The Eastern Magistrates’ Court today convicted Mr Chiang Ching Fung, former chief executive officer of Gold Root Global Investments Limited (GRG Investments), of unlicensed dealing in futures contracts in a prosecution by the Securities and Futures Commission (SFC). This ...
Huge gas finds in Mediterranean Sea waiting to be tapped
February 16th, 2017
Huge gas finds in Mediterranean Sea waiting to be tapped As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for ...
Will South Africa issue a national digital currency?
February 15th, 2017
The South African Reserve Bank (Sarb) is open to issuing a national digital currency, which would likely be based on Blockchain or Distributed Ledger Technology (DLT). “If we go the route of issuing a digital currency, the objective would ...
Elliott Wave Analysis: USD Index and S&P500
February 13th, 2017
USD Index On the updated chart of USD Index, we can see a nice bullish rally taking place, with price now trading in the first wave one of a higher degree impulse. That said, the previous complex correction in ...
Dollar hits two-week high vs yen on U.S.-Japan summit relief
February 13th, 2017
The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. U.S. President ...
Ernst & Young’s Indonesian member to pay $1 Million to settle audit failure
February 10th, 2017
PCAOB Announces $1 Million Settlement with Indonesian Member of Ernst & Young Network for Audit Failure, Noncooperation, and Violations of Quality Control Standards Also, two audit partners were sanctioned for their roles in the audit failure The Public Company ...
Asian stocks rallied; Dollar headed for first weekly advance since December
February 10th, 2017
Dollar headed for first weekly advance since December S&P rose to record, Treasuries fell after tax cut promises Asian stocks rallied while the yen and government bonds slumped after U.S. President Donald Trump promised a plan to overhaul business ...
Asian Bonds Gain, Kiwi Falls, Yen Slipped
February 9th, 2017
Asian Bonds Gain While China Shares Extend Rally Kiwi falls after New Zealand central bank holds rates Euro-dollar volatility surges amid French election buildup Political uncertainty continues to drive financial markets, with Asian bonds following a rally in Treasuries. ...
Yen climbs after the nation’s central bank move
February 8th, 2017
Yen climbs, Oil Slumps Before India Rates Decision Japan currency reverses loss as BOJ offers to buy bonds Energy shares decline as crude falls for third straight day The yen rose after the nation’s central bank offered to buy ...
