BDO reports Global revenues rise to US$7.6 billion
December 15th, 2016
FY16 global revenues up by 8% High number of strategic mergers – over 30 network-wide Commitment to digital transformation delivering leading-edge services to clients Growth spearheaded by BDO firms in US (+12%) and China (+13%) Long-term investment in ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
European Commission is pursuing legal action against 7 Member States
December 9th, 2016
European Commission is pursuing legal action against 7 Member States for violating car emissions legislation The European Commission is today acting against 7 Member States on the grounds that they have failed to fulfil their obligations under EU vehicle ...
CUSTOMER SUPPORT OFFICERS
December 9th, 2016
New Customer Support Officers: ITALIAN, FRENCH, POLISH, HUNGARIAN, CZECH, DANISH, ARABIC, SPANISH, PORTUGUESE, GERMAN SPEAKERS: Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and ...
Dollar up on higher yields, euro hit by ECB’s ‘less for longer’ decision
December 9th, 2016
The dollar rose broadly on Friday as U.S. bond yields rose, while the euro sank after the European Central Bank’s decision to extend its debt-buying program even as it cut the size of its purchases disappointed currency bulls. The ...
BaFin plans to limit CFD trading
December 9th, 2016
Following the proposal by FCA UK for limiting leverage on Forex and CFDs, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued an announcement to inform that the Authority intends to limit the marketing, distribution ...
Alibaba Financial Affiliate Seals Bank Deals for Alipay Expansion in Europe
December 7th, 2016
Alibaba Group Holding Ltd.’s financial affiliate said it would collaborate with three banks and a payments company in Europe as the Chinese company seeks to expand its presence there. Ant Financial Services Group, which operates the Alipay online-payments platform, ...
Euro steadies after short-covering rally, eyes on ECB and Italy
December 6th, 2016
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, an outcome that traders had widely expected. Renzi announced on ...
What to know now following Italy’s “NO” result and Renzi resignation
December 5th, 2016
Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for after his defeat? Although the referendum on Sunday was officially ...
Euro Projected to Weaken against the Dollar
December 5th, 2016
For the Euro to move higher tapering the asset purchase programme must be mentioned at Thursday’s ECB meeting but also keep an eye out for the abolition of the ‘capital key.’ The Euro will probably weaken against the Dollar ...
