Russia, Saudis See Oil Inventories Falling After Price Drop
June 12th, 2017
Market to be balanced in first quarter of 2018: Russia’s Novak Saudi minister sees stockpiles falling faster in coming months A deal among oil-producing countries to curb production and balance an oversupplied market will achieve its objective in the ...
Citigroup Global Markets Australia pays $50,000 in infringement notice penalty
June 9th, 2017
Citigroup Global Markets Australia Pty Ltd (‘Citigroup’) has paid a penalty of $50,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘MDP’). The MDP had reasonable grounds to believe that Citigroup had contravened ...
Oil prices pinned down by strong dollar, supply worries
June 9th, 2017
Oil prices were little changed on Friday, clawing back earlier declines, amid a variety of market impacts including a rising dollar as returns from the U.K election came in and concerns the ongoing concerted effort by Middle Eastern and ...
Back Office Officers
June 7th, 2017
Back Office Officers Reference Number: BOO1017 The position: We are looking for passionate and self-motivated professionals to join our Back Office team. The main responsibilities of the position include: Processing deposits, withdrawals and refunds based on the established policies ...
Projecting the Price of Bitcoin
June 7th, 2017
The wild card in cryptocurrencies is the role of Big Institutional Money. I’ve taken the liberty of preparing a projection of bitcoin’s price action going forward: You see the primary dynamic is continued skepticism from the mainstream, which owns ...
ASIC Cancels the Financial Services License of a Firm
June 7th, 2017
ASIC has cancelled the Australian financial services (AFS) licence of Sydney based company Investment Advisers Alliance Pty Limited (AFS 237902) for failing to lodge its financial statements and auditor’s reports for four consecutive years. ASIC Deputy Chairman Peter Kell ...
Dollar climbs, Gold price retreated, Aussie jumps
June 7th, 2017
Flight to Haven Assets Eases Before Key Events Dollar climbs from eight-month low while stocks turn higher Australian dollar jumps, erasing losses, after GDP report A move toward haven assets ahead of a barrage of key events eased as ...
Oil prices dipped on Wednesday; What keeps prices under pressure
June 7th, 2017
Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling U.S. inventories lent some support. Brent crude futures LCOc1 were trading ...
Oil prices fell for a third day on Tuesday
June 6th, 2017
Oil prices slide over worries Middle East rift will undermine output cuts Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several Arab states would undermine an OPEC-led push ...
CySec announced that a new Cyprus Investment Firm got the CIF license
June 2nd, 2017
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 Fidus Investment ...
