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Fiat money and gold

October 21st, 2016 (0)
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...

Asian Stocks Weighed Down by Earnings as Euro Declines With Oil

October 21st, 2016 (0)
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...

Gold prices are modestly higher in early U.S. trading Thursday

October 20th, 2016 (0)
Gold prices are modestly higher in early U.S. trading Thursday. A slightly downbeat U.S. weekly jobless claims report that showed a rise in claims is helping out the precious metals bulls. Some more chart-based buying is also seen as ...

China reports steadily economy growth; GDP increased

October 19th, 2016 (0)
The National Bureau of Statistics of China has issued a press release to inform that the China’s economy grew steadily with progress made and quality improved in the first Three Quarters of 2016. According to the report: In the ...

European Bitcoin Casino integrates Cubits Payment

October 11th, 2016 (0)
Bitcoin gambling is making waves recently as one of the most secure ways of playing online—not only because it offers low stakes, instant deposits and withdrawals, but also because it offers players security and anonymity. However, one issue that bitcoin ...

Fifa faces legal challenge ahead Qatar 2022 World Cup

October 10th, 2016 (0)
Fifa is facing legal action in the Swiss courts over its alleged complicity in the mistreatment of migrant workers in Qatar ahead of the 2022 World Cup, the Guardian can reveal. Since Fifa voted in December 2010 to hold the ...

EY reports record global revenues in 2016

October 7th, 2016 (0)
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...

Payoneer raises $180m in venture capital funding

October 6th, 2016 (0)
Payoneer has raised $180 million from venture capital investors. The New York-based money transfer service, specializing in cross border transactions and escrow-as-a-service (EaaS) to dealmakers, is now backed by Technology Crossover Ventures (TCV). This round, plus the most recent Series ...

PwC global revenues rise to record US$35.9 billion

October 4th, 2016 (0)
Strategy for growth – driven by PwC purpose Total workforce reaches new record – over 223,000 Supporting our clients with more than 15,800 people dedicated to technology services Over $500 million invested in quality and service development 11 million ...

Dollar Climbs on Fed Bets as Australian Bonds Sink; Oil Retreats

October 4th, 2016 (0)
Japanese stocks advance as yen weakens for a sixth day Regional sovereign debt slides amid U.S. rate-hike speculation The dollar strengthened for a sixth day versus the yen and sovereign bonds fell as American manufacturing data and hawkish comments ...
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