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Elliott Wave Analysis: USDCHF Trading in An Impulse Of A Higher Degree; Wave 4 Is In Motion

January 3rd, 2017 (0)
On the Daily chart of USDCHF we are looking at a higher degree complex correction, a three wave A-B-C rise of wave IV, that seems to be in action since end of December of 2014. That said as we ...

Investor optimism, global economic reality may clash in 2017

January 3rd, 2017 (0)
The economic outlook for this year looks similar to 2016 – uneven and unspectacular, according to economists worldwide polled by Reuters in December. The result is despite investor optimism about a breakout for the world economy. Many of the ...

Euronext makes irrevocable cash offer to acquire LCH.Clearnet SA

January 3rd, 2017 (0)
Euronext has made an irrevocable all-cash offer to LCH.Clearnet Group Limited (“LCH.Clearnet Group”) and London Stock Exchange Group plc (“LSEG”) to acquire LCH.Clearnet SA (“Clearnet”), in relation to which terms and conditions have been agreed. Clearnet has commenced a ...

Legal Sparring Continues in Bitcoin User’s Battle with IRS Tax Sweep

January 3rd, 2017 (0)
In a strange twist, Coindesk reports that the IRS has, somewhat indirectly, removed one target from its broad request for data about U.S. users of the Bitcoin exchange Coinbase. It no longer wants data about Jeffrey Berns, a lawyer ...

BaFin update regarding whistleblowers protection

January 3rd, 2017 (0)
BaFin, the Federal Financial Supervisory Authority of Germany, has issued an announcement to inform in relation to whistleblowers protection. According the announcement, whistleblowers can report information on BaFin electronic message system with absolute anonymity and Bafin can get in ...

Oil prices rise as markets eye OPEC, non-OPEC production cuts

January 3rd, 2017 (0)
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. International ...

Drifting into fascism

December 30th, 2016 (0)
Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because ...

West Africa now has its own digital currency

December 30th, 2016 (0)
Senegal will soon begin using a digital currency in 2017. It’s another opportunity for financial technology (fintech) to help emerging markets leapfrog traditional banking systems and bring financial inclusion to more people. If the Senegal roll-out is successful, the ...

The Big Questions For Mobile In 2017

December 29th, 2016 (0)
Well, the gifts have been opened, the roast beast is a memory being celebrated in cold sandwich form this week and the malls are once again full of shoppers — who are now returning the wrong gifts and getting ...

ACCA published 3 key priorities for accountancy profession success in 2017

December 28th, 2016 (0)
ACCA (the Association of Certified Chartered Accountants) has published a checklist of 3 key priorities that will underpin the success of the accountancy profession in 2017. John Williams, head of ACCA UK, says that the focus on skills in ...
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