Search Results for: MoU
Gold for bitcoin could be the new trend
July 28th, 2014
A new possible obstacle for regulators, including India, is ‘gold for bitcoin’ trades which are becoming the new trend in the world of anonymous transactions, keeping warm the desire to invest in virtual currencies. This comes at a time ...
After the Dollar
July 28th, 2014
It is symbolic that the recent BRICS summit in Fortaleza, Brazil, took place exactly seven decades after the Bretton Woods Conference that created the International Monetary Fund and the World Bank. The upshot of the BRICS meeting was the ...
USD/HKD remains bullish as HKMA Buys $690 Million
July 28th, 2014
Hong Kong’s de facto central bank bought $690 million on July 25 to defend the city’s 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. “Having regard to the on-going listings, mergers ...
Technical Analysis Australia 200 – Moves Away from Six Year High Back to 5550
July 28th, 2014
Technical Analysis Australia 200 for Monday, July 28, 2014 The Australia 200 Index will be looking to see if it can maintain the break above 5550 after reaching a six year high in the middle of last week. In ...
Oil and Gas Drilling in Britain will expand
July 28th, 2014
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been anticipated by the oil and gas industry, could prove to ...
Your Mind, Your Investment Returns
July 25th, 2014
Regular readers know I enjoy discussing behavioral aspects of investing. The reasons for this are twofold: First, we can’t control the markets, but we can control our own reactions to it (at least we can try). And second, many ...
Russia’s surprise interest rate rise ‘to curb inflation’
July 25th, 2014
Russia’s central bank has unexpectedly raised its key bank interest rate over concerns about inflation and “geopolitical tension”. The bank’s board decided to raise the interest rate by 50 basis points, or half a percent, to 8% per year. ...
Money laundering investigation for UBS AG by French magistartes
July 25th, 2014
UBS is under formal investigation by French magistrates for money laundering regarding whether the bank helped wealthy French customers evade taxes. The bank has been ordered to pay bail of €1.1 billion by Sept 30. In case the bank ...
MFIs Deposits and Loans Statistics
July 25th, 2014
The Central Bank of Cyprus releases today the MFIs deposits and loans statistics for the reference month of June 2014, which are included in the July 2014 edition of Monetary and Financial Statistics. Total deposits in June 2014 exhibited ...
Technical Analysis GBP/USD fell to 55-day SMA
July 25th, 2014
Pair’s Outlook Although a breach of the resistance on Jun 30 represented by the 2009 high was considered to be a bullish sign, in the end the Sterling proved to be unable to sustain a rally. Right now GBP/USD ...
