Search Results for: US
Cyprus based investment firms and CySec’s work highlighted on ESMA’s warning for speculative products
July 26th, 2016
The European Securities and Markets Authority (ESMA) has issued a warning about the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors who are unaware of the risks associated with these products, and ...
Central Bank of Russia decided to revoke the banking license of a credit institution
July 25th, 2016
The Central Bank of Russia has issuesd a press releases to inform regarding its decision to revoke the banking license of a Russian Bank. According to the press release, the decision is due to the non-compliance by the Moscow-based credit institution ...
Elliott Wave Analysis On USDJPY And GOLD
July 25th, 2016
USDJPY 10 year US treasuries have turned south last week, while stocks keeps moving higher, so normally we should expect higher prices on USDJPY as well. As such, we think that turn down from 107.50 is going to be ...
Israel and Cyprus agree gas field cooperation
July 25th, 2016
Prime Minister Benjamin Netanyahu and President Nicos Anastasiades agreed to cooperate over the neighboring Yishai and Aphrodite gas fields. Israel’s Prime Minister Benjamin Netanyahu and the President of Cyprus Nicos Anastasiades met yesterday to discuss a wide range of ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Austria To Rein In Bank Tax
July 25th, 2016
The Austrian Government has proposed reducing the burden of the nation’s banking levy and calculating it based on a bank’s earnings rather than assets. The change was confirmed recently by Finance Minister Hans Jörg Schelling, who said that cutting ...
The founder of the Bitcoin Savings and Trust company gets 18 months in prison for Fraud
July 25th, 2016
Trendon Shavers, the mastermind behind the disgraced Bitcoin Savings & Trust Ponzi scheme, has been sentenced to 18 months in prison on one count of securities fraud. In addition, Shavers was ordered to forfeit $1.23 million and to pay ...
OTC Clear Receives Regulatory Approval to Clear USD/CNH Cross Currency Swaps
July 22nd, 2016
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps. OTC Clear expects to launch ...
Elliott Wave Analysis On USDJPY And S&P500
July 22nd, 2016
USDJPY Stocks are trading in a corrective pattern which allowed USDJPY to make a pullback lower. We have seen a very strong fall from 107.50 after a completion of an ending diagonal in black wave five so it appears ...
Tax advisers in Uk arrested in suspected £132m tax fraud
July 22nd, 2016
Three tax advisers have been arrested as part of a HMRC investigation into a suspected £132m tax fraud. The arrests were made as a result of a HMRC investigation into a complex scheme involving offshore trusts used by professional financial advisers ...
