Search Results for: Brokers
Cryptocurrency ether plunges again, decoupling from bitcoin
September 13th, 2018
Ether, one of the best-performing cryptocurrencies during the boom last year, is taking another nose dive on Wednesday. The world’s second largest cryptocurrency fell 8 percent to a low of $170.34, bringing its drop since the high in January ...
5 ways the World Economic Forum says Artificial intelligence is changing banking
September 13th, 2018
Artificial intelligence has been a focus of discussions at the World Economic Forum’s annual meeting in Davos, Switzerland, over the past few years, so the organization decided to partner with Deloitte Consulting on a study that sought to “cut ...
EU voted in favor of controversial copyright laws; The internet could be changed forever
September 13th, 2018
The EU has voted on copyright reform (again), with members of European Parliament this time voting in favor of the extremely controversial Articles 11 and 13. The 438 to 226 vote, described as “the worst possible outcome” by some ...
U.S. Dollar slides as demand grows for emerging-market currencies
September 13th, 2018
The U.S. dollar slid Wednesday as hopes for easing trade tensions between the U.S. and China helped boost demand for emerging-market currencies. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, fell for ...
VW investors seek $11bn in damages over emissions-cheating scandal
September 12th, 2018
Around 1,670 claims have been lodged against Volkswagen (VW) by its shareholders. They claim the automaker should have informed them about the diesel emissions problem before regulators did in 2015. Angry investors are seeking €9.2 billion ($10.7 billion) in ...
Bitcoin crash: This man lost his savings when cryptocurrencies plunged
September 12th, 2018
An estimated $400 billion has been wiped off the value of major cryptocurrencies since January. Sean Russell’s life savings were among them. Russell rarely played the stock market and had little investing experience when he put around $120,000 into ...
AMF: Restriction measures on CFDs and binary options is to protect investors
September 12th, 2018
The French regulator Autorité des Marchés Financiers (AMF), that regulates participants and products in France’s financial markets, reminds investors that the restriction measures for the CFDs and binary options agreed by ESMA is to protect them. In accordance an announcement ...
Emerging currencies hit 17-month low over fears of trade war escalation
September 12th, 2018
The sell-off in emerging markets deepened on speculation the US and China trade war will escalate. Currencies slumped to their lowest level since April 2017 as Goldman Sachs said its models signaled further declines for some developing nations. Stocks ...
EU resource productivity up; The Netherlands and the UK record the highest level
September 11th, 2018
Resource productivity quantifies the relationship between the size of the economy and the use of natural resources. The value of resource productivity will increase if the economy, measured by GDP, is growing at a faster rate than the consumption ...
Virtual currency may be next tax haven, European Parliament warns
September 11th, 2018
Virtual currencies could become a new “virtual tax haven,” posing a major risk for governments, according to a report released amid an EU finance ministers meeting on the topic. The European Parliament report warned virtual currency poses a “direct ...
