Search Results for: SAFE
Brexit: Financial market participants whose activity might be impacted
December 29th, 2020
The European Securities and Markets Authority (ESMA) remind stakeholders to be aware and prepared for changes that will occur from 1 January 2021. On 29 March 2017, the United Kingdom (UK) notified the European Council of its intention to ...
British pound rose against the dollar
December 15th, 2020
The dollar traded near 2 1/2-year lows against major peers on Tuesday as demand for the safest assets flagged amid progress toward agreeing U.S. fiscal stimulus and optimism for a Brexit deal. The greenback was near its weakest since ...
COVID-19:VAT relief for vaccines and testing kits
December 10th, 2020
The Commission has welcomed the adoption of important new measures which will enable Member States to relieve EU hospitals, medical practitioners and individuals of Value-Added Tax (VAT) when acquiring coronavirus vaccines and testing kits. The new rules, adopted unanimously ...
A digital euro
November 19th, 2020
The ECB, as guardian of the euro, provides currency in two forms: we issue banknotes and we transfer electronic deposits to banks and other financial institutions. Digitalisation has spread to every corner of our lives and transformed how we ...
Fondex Adds Paymero as New Funding Method for Asian Clients
November 10th, 2020
Fondex, the multi-award winning and regulated online CFD broker, has declared yet another new addition to its various account funding methods – Paymero. Paymero is a world-class payment solution for Asian markets that offers Fondex clients the flexibility of ...
ASIC further regulates the selling of CFDs to Retail Investors
October 29th, 2020
The Australian Securities and investment commission has announced the restrictions on selling. They would like to protect investors, as they are saying. New rules will also mandate negative account protection. It will ensure customers do not lose more than ...
Strong growth in global investment demand for gold in Q3
October 29th, 2020
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower ...
The dollar held gains against a basket of major currencies on Thursday
October 29th, 2020
The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked investor fears that fresh lockdowns would further hit the already fragile economic recovery. The safe-haven greenback steadied against a basket ...
The Euro US Dollar exchange rate is pushing higher
October 21st, 2020
The Euro US Dollar (EUR/USD) exchange rate is pushing higher on Wednesday for a fourth straight session. The pair settled +0.5% higher at US$1.1821 in the previous session, towards the upper end of the daily traded range. At 07:15 ...
Asian stocks slipped; Investors await key earnings results
October 20th, 2020
Asian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and ahead of a deadline for Washington to pass an economic stimulus bill, while Europe reported record daily coronavirus infections. MSCI’s broadest index of ...
