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Elliott Wave Analysis: USDJPY In Final Stages Of A Complex Correction; Possible Turning Point Around 105

June 10th, 2016 (0)
USDJPY is trading back towards the low now after a very sharp bearish reversal on Friday following bad NFP figures. Based on recent price action we see new lows coming, ideally towards 100-103 area where pair may finally bottom ...

Five fintech start-ups aiming to replace traditional banking

June 9th, 2016 (0)
According to recent data from Accenture, funding for fintech companies reached a staggering £3.7bn in the first quarter of 2016 alone. With global investment growing at such a rapid rate, traditional banking services are finally beginning to realise the ...

Something Big That Always Happens Right Before The Official Start Of A Recession Has Just Happened

June 7th, 2016 (0)
What you are about to see is major confirmation that a new economic downturn has already begun. Last Friday, the government released the worst jobs report in six years, and that has a lot of people really freaked out. ...

CFTC announced a fine of $940,000 to a commodity futures trader for fraud

June 7th, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge William J. Zloch of the U.S. District Court for the Southern District of Florida (Fort Lauderdale) entered an Order of Default Final Judgment (Order) against Defendant Rico Omar ...

Elliott Wave Analysis: Crude OIL Indicates More Gains In View; 54/55 Area May Be Ideally Reached

June 7th, 2016 (0)
Crude oil is trading nicely to the upside for the last four months and it appears that market will move even higher in days ahead since we see just another minor correction around 50 level. As such, market can ...

Hong Kong Guides On Expanded Offshore Fund Tax Break

June 7th, 2016 (0)
Hong Kong’s Inland Revenue Department (IRD) has issued a new Interpretation and Practice Note No. 51 on the extension of the profits tax exemption for offshore funds to include offshore private equity funds. Under a legislative amendment to Hong ...

Reserve Bank of Australia leaves the cash rate unchanged at 1.75%

June 7th, 2016 (0)
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, ...

Gold – a reasonable correction?

June 3rd, 2016 (0)
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...

SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses

June 3rd, 2016 (0)
The Securities and Exchange Commission charged a New York City-based Forex trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The SEC alleges ...

What is fintech?

June 3rd, 2016 (0)
If nothing else it is on course to become a $20bn market this year. Fintech was once simply shorthand for financial technology (a portmanteau). But in 2008-09 in the post financial crisis world, Fintech began to take on a ...
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