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Oil prices near 2015 highs on tight market

December 28th, 2017 (0)
Oil prices were stable on Thursday with trading activity drying up ahead of the New Year weekend. Heading into 2018, traders said market conditions were relatively tight due to ongoing supply cuts led by the Middle East-dominated Organization of ...

Pound Euro (GBP EUR) 2018 Outlook

December 28th, 2017 (0)
With 2017 soon to be over investors are now looking to 2018, with the Brexit transitionary deal, trade talks, and potential rate hikes on the cards. But what can we expect for GBP EUR? The 2018 Brexit Calendar and ...

Israel central bank is examining issuing digital currency for faster payments

December 27th, 2017 (0)
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...

Study: UK consumers more likely to use proximity mobile payments than US counterparts

December 27th, 2017 (0)
The future of mobile payments appears more bright in the U.K. than the U.S. thanks to consumers’ familiarity with contactless payments, according to a report from Auriemma Consulting Group. “U.K. consumers were introduced to contactless payments in 2007,” Jaclyn ...

Euro Advanced, Australia’s Dollar Climbed, Asian Stocks Were Mixed

December 27th, 2017 (0)
Asian stocks were mixed Wednesday in trading thinned by a holiday-shortened week. Oil prices breached $60 a barrel for the first time since 2015 after a pipeline blast in Libya. Japanese equity benchmarks posted slight gains, and Australian stocks ...

Charges against a $1.2 billion Ponzi scheme targeting thousands of investors

December 22nd, 2017 (0)
The Securities and Exchange Commission today announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme. SEC ...

Cryptocurrency bitcoin tumbled, down 30 percent from record peak

December 22nd, 2017 (0)
Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 30 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC=BTSP ...

Asian markets advance ahead of holiday weekend

December 22nd, 2017 (0)
Australia hits another 10-year high; Kospi ticks up as Nikkei lags. Asian markets advance ahead of holiday weekend. Asia-Pacific stocks were poised to end the week modestly higher in muted trading ahead of the holidays, while volatility returned to ...

Bigger Triangle on Gold Coming to an End And Looking Lower

December 21st, 2017 (0)
Gold is seen trading in a big sideways price action known as a Elliott wave triangle correction. A triangle is a complex pattern with five legs, with each leg having three more sub-waves. That said, in our case we ...

The AMF warns for unauthorized websites offering diamond investments

December 21st, 2017 (0)
The Autorité des marchés financiers (AMF), an independent public authority in France responsible for ensuring that savings invested in financial products are protected, has issued today a public warning against the activities of websites offering diamond investments, for which ...
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