Search Results for: Commodity Exchange Act
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
Why Say’s law is always true
August 12th, 2016
One of my regular readers has raised the important subject of Say’s law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom to be untrue to justify state stimulation of aggregate demand. ...
Reserve Bank of New Zealand: Official Cash Rate reduced to 2.0 percent
August 11th, 2016
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of monetary stimulus. Significant ...
QuantX and its owner ordered to pay more than $1 Million for Forex Fraud
August 4th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Jonathan A. Parker and QuantX Capital, LLC (QuantX), both of Marietta, Georgia, jointly and severally to pay a $680,000 civil monetary penalty and restitution totaling $341,500 and imposing permanent trading and ...
Bank of Israel reports Monetary Policy for the six Months 0f 2016
August 3rd, 2016
Monetary policy: During the first half of 2016, the Monetary Committee decided to leave the interest rate at a level of 0.1 percent. For both July and August, which belong to the second half of 2016, the Monetary Committee also ...
The Reserve Bank of Australia decided to lower the cash rate by 25 basis points
August 2nd, 2016
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded ...
Asian Shares Gain, Won Rises With Ringgit as Fed Seen on Hold
August 1st, 2016
MSCI Asia-Pacific benchmark heads for sixth day of gains Won, ringgit advance as waning Fed rate rise odds hurt dollar European and U.S. stock futures climbed as Asian shares advanced and the South Korean won rallied to a one-year high ...
A Miami judge rules that bitcoin isn’t money
July 26th, 2016
Sorry bitcoiners, the US court system doesn’t think your digital currency is real money. At least, Miami-Dade circuit court judge Teresa Mary Pooler doesn’t. Yesterday (July 25), Pooler handed down a verdict in the first money-laundering case in the ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Asian Stocks Drop as BOJ Rejecting Helicopter Money Supports Yen
July 22nd, 2016
Oil below $45 a barrel as gold retreats with copper, nickel Ringgit sinks as 1MDB scandal in focus; yuan strengthens Asian stocks fell with European equity index futures as commodities sank to levels last seen in May. Malaysia’s ringgit ...
