Search Results for: EBA
Oil falls for third day
August 9th, 2017
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...
European Banking Authority consults on fraud reporting requirements
August 8th, 2017
The European Banking Authority (EBA) launched a public consultation on its draft Guidelines on reporting requirements on statistical data on fraud under the revised Payment Services Directive (PSD2). The Guidelines, which are addressed to payment service providers and competent ...
Bitcoin cash may be a house of cards that comes crashing down
August 8th, 2017
Bitcoin cash came onto the scene on Tuesday following a much-anticipated fork in the bitcoin blockchain, and is the fourth largest cryptocurrency by market cap. But its price and high market cap might be the result of some technical ...
Food prices hit highest since 2014, led by dairy, grains, sugar
August 8th, 2017
Food prices have hit their highest since 2014, led by rise by grains and sugar, and a lift in dairy values to a three-year high – although there are some questions over dairy appreciation continuing. A food price index ...
Global fintech investment rebounds in Q2 2017
August 7th, 2017
Total global fintech investment more than doubled quarter over quarter in Q2’17 to US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report. Global M&A investment helped drive the fintech market rebound, ...
Isle of Man: We’re no tax haven study concludes
August 2nd, 2017
The Isle of Man might be branded a tax haven by its critics. But that’s not the conclusion of research by academics at the University of Amsterdam. Their study ranks 24 ’sink’ and five ’conduit’ offshore finance centres – ...
Bitcoin Cash a pivotal moment for Bitcoin
August 1st, 2017
A new digital currency is about to be created as the bitcoin blockchain is forced to split in two Members of the bitcoin community unhappy with its direction are forcing the blockchain to split. This will create a new, ...
Euro’s rally might receive a further boost
August 1st, 2017
A snowball effect: Euro to strengthen against Pound Sterling as Eurozone investors are forced to hedge against an unexpected strengthening of their currency. Analysts at BNP Paribas have warned their clients that the Euro’s rally might receive a further ...
Proposed Binary Options Law Implementation in Israel Postponed to Early 2018
July 31st, 2017
As it now stands, the passed bill considers all activities connected to binary options trading to be a criminal offense and can be punishable with up to two years in prison. It seems that the new binary options law ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
