Search Results for: US
EU launches infringement procedures against three countries for refusing to take refugees
June 15th, 2017
The European Commission has today launched infringement procedures against the Czech Republic, Hungary and Poland for non-compliance with their obligations under the 2015 Council Decisions on relocation. Despite the Commission’s repeated calls for action, these three countries remain in ...
EURUSD and GBPUSD: Both Looking at More Weakness
June 15th, 2017
As you all know FED raised interest rates yesterday and USD is trading higher. For now, we still don’t know if the USD trend reversed but in the next few weeks we will have a clearer picture. EURUSD is ...
Bitcoin non-regulation leaves users vulnerable to theft, fraud
June 15th, 2017
Cryptocurrency Bitcoin’s blockchain technology is attractive for several reasons – including decentralisation, pseudo-anonymity and its lack of regulation – but new research highlights a downside: users are open to theft and fraud. Computer scientists at Lancaster University and Universiti ...
Traders review: Yen little changed, Aussie jumped, New Zealand dollar fell
June 15th, 2017
Asian stocks retreated as banks slumped and oil touched the lowest level since November. Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak readings won’t persist. The yen was little changed at 109.60 ...
NAAM and its owner to pay more than $1.6 million in illegal precious metals transactions
June 14th, 2017
Federal Court Orders Florida-Based North American Asset Management, LLC, Alexi Bethel, and Steven Labadie to Pay More than $1.6 Million in Restitution and a Civil Monetary Penalty for Engaging in Illegal, Off-Exchange Precious Metals Transactions Court Also Imposes Permanent ...
Hong Kong and Australia seal agreement on fintech cooperation
June 13th, 2017
The Hong Kong Securities and Futures Commission (‘the SFC’) and ASIC today signed an Agreement on fintech cooperation which provides a framework for cooperation to support and understand financial innovation in each economy. This Cooperation Agreement builds on the ...
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower
June 13th, 2017
Elliott Wave Analysis: GBPUSD and USDCAD Both Breaking Lower Cable fell sharply to the downside last week which has been technically expected after we identified a bounce up into a corrective wave 2 with limited upside near 1.2960-1.3000. A ...
Clearing houses operator announced appointment of Global Head of Rates
June 12th, 2017
LCH appoints Michael Davie as Global Head of Rates Michael Davie to lead SwapClear, Listed Rates and LCH SwapAgent business LCH, a leading global clearing house, announced today that Michael Davie has been appointed Global Head of Rates for ...
Blockchain technology in use to reduce frictional cost of trading mutual funds
June 12th, 2017
Calastone successfully completes first phase of blockchain distributed market infrastructure proof-of-concept for the global funds industry Global funds transaction network and Future50 FinTech pioneer seeks to further reduce frictional cost of trading mutual funds, from fund manufacturer to end ...
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 ...
