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Asian equities took another leg higher; Key events to watch this week

September 12th, 2017 (0)
Asian equities took another leg higher after the S&P 500 Index rose to a record high and Treasuries tumbled, with less damage than originally feared from Hurricane Irma supporting the case for a gradually improving U.S. economy. Japan’s Topix ...

FXPRIMUS Now Offers 5 Cryptocurrencies to Its Range of Tradable Instruments

September 11th, 2017 (0)
FXPRIMUS The Safest Place To Trade has announced the official launch of 5 new tradable instruments to its range of offerings. Traders of FXPRIMUS can now trade Bitcoin, Ether, Ripple, Litecoin and Dash, whilst still benefitting from the company’s ...

ASIC bans former financial adviser for five years

September 11th, 2017 (0)
ASIC has banned former financial adviser Daniel Gerard Manley from providing financial services for five years. ASIC found that Mr Manley engaged in conduct that was misleading or deceptive, or likely to mislead or deceive, clients and employees of ...

China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades

September 11th, 2017 (0)
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading ...

Oil prices edges up as Saudis discuss extending supply cut

September 11th, 2017 (0)
Oil prices edged up on Monday after the Saudi oil minister discussed possibly extending a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. News of the talks on Sunday helped offset downward ...

China is starting to roll back measures meant to prop up its currency

September 11th, 2017 (0)
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...

CySec announced a new firm received the Cyprus Investment Firm license

September 8th, 2017 (0)
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm Wonderinterest ...

Canada’s first registration of an investment fund manager dedicated to cryptocurrency investments

September 8th, 2017 (0)
The British Columbia Securities Commission (BCSC) announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The BCSC has granted First Block Capital Inc. registration as an investment fund manager and an exempt ...

Oil prices rise on sharp drop in U.S. production as hurricanes bite

September 8th, 2017 (0)
Oil prices rose on Friday as U.S. crude production was hit harder by Hurricane Harvey than expected, with the even bigger storm Irma heading for Florida and threatening to cause more disruption to the petroleum industry. U.S. West Texas ...

Dollar Tumbled as Yen, Euro Rally on Irma, ECB

September 8th, 2017 (0)
The dollar tumbled to its weakest level since the start of 2015 as fading expectations of U.S. interest-rate increases, North Korea tensions and a historically powerful hurricane unsettled investors. The euro was near the highest since January 2015 after ...
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