Search Results for: Abe
NYC Audit Firm to pay penalty for failing to spot fraud in financial statements of a public company
July 25th, 2016
The Securities and Exchange Commission suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud, and the firm where he was a partner at the time has been prohibited from ...
UnionPay takes top spot from Visa in $22 trillion global cards market
July 25th, 2016
Having been the largest scheme worldwide for card numbers since 2010, UnionPay overtook Visa to also become the largest by value of card payments in 2015 Payment cards worldwide increase by 8% to reach 13 billion in 2015 New ...
Elliott Wave Analysis On USDJPY And S&P500
July 22nd, 2016
USDJPY Stocks are trading in a corrective pattern which allowed USDJPY to make a pullback lower. We have seen a very strong fall from 107.50 after a completion of an ending diagonal in black wave five so it appears ...
Russia to Treat Bitcoin as Foreign Currency
July 21st, 2016
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of Bitcoin in Russia has been up in the air for ...
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
July 21st, 2016
The yen weakened against its rival currencies, hitting its six-week low against the dollar, during Asian trade on Thurdsay, on mounting hopes for strong policy steps Tokyo will likely put together later this month. The U.S. dollar USDJPY, +0.22% higher at ¥106.94, ...
Elliott Wave Analysis: GOLD Pushing Price Higher; 1400 Area Is In View
July 19th, 2016
Gold is in a new bullish turn that could stay here for a while based on weekly and daily structure. As such, we will continue to look higher after any three wave set-back that could take place later this ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
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 ...
Elliott Wave Analysis: USD Index Aiming For 98 Zone
July 13th, 2016
On USD index daily chart we are observing a big sideways pattern since start of 2015; it’s slow, sideways and overlapping price action which is a personality of a contra-trend movement that can be completed now. We see it ...
