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Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains

July 14th, 2016 (0)
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...

Asian shares near 2016 highs as risk appetite improves

July 13th, 2016 (0)
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...

Gold Snaps Two-Day Loss

July 13th, 2016 (0)
Gold climbed, snapping a two-day loss, as investors took advantage of the decline to boost positions even as global equities extended an advance. Silver in China traded near the highest level in almost three years. Bullion for immediate delivery ...

Brexit: Paris urges London to remain tax ‘friendly’

July 12th, 2016 (0)
Amid fears of a fiscal “race to the bottom” French Finance Minister Michel Sapin on Monday slammed British plans to reduce corporation tax as part of plans to keep attracting foreign investment after last month’s Brexit vote. “You don’t ...

European stocks are expected to open lower on Tuesday

July 12th, 2016 (0)
Europe poised for weaker open as rally loses steam European stocks are expected to open lower on Tuesday as market turn mixed in Asia and European markets lose momentum. The London FTSE index is expected to open 10 points ...

Risk On/Risk Off: What Schizophrenic Markets Are Telling Us

July 11th, 2016 (0)
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...

France Opens Register Of Trusts

July 11th, 2016 (0)
On July 5, French Minister of Finance Michel Sapin and Budget Secretary Christian Eckert announced the launch of France’s public registry of trusts, a measure intended to increase transparency and curb tax avoidance. France’s register of trusts provides access ...

Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls

July 11th, 2016 (0)
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...

Romanian police reveal Israel links to illegal binary options firms

July 7th, 2016 (2)
Romanian prosecutors are set to try at least 10 individuals involved in alleged forex and binary options fraud who were operating illegally on Romanian soil, the country’s Police Directorate for the Investigation of Economic Crimes told The Times of ...

S&P downgrades Australia’s credit on deficit worries

July 7th, 2016 (0)
Global ratings agency Standard & Poor’s downgraded Australia’s sovereign credit rating outlook to AAA negative from AAA stable on Thursday, warning that the country’s path back to budget surpluses is in danger. “We are revising the rating outlook on ...
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