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Israeli Ministers vote to ban Binary Options sales overseas

June 19th, 2017 (0)
Marketers of binary options “grow, accelerate and inflame antisemitism against all Jews and especially against Israelis,” says Israel Securities Authority Chairman. The cabinet and the Ministerial Committee for Legislation approved a bill on Sunday with a blanket prohibition against ...

Brexit, Germany and Asia

June 16th, 2017 (0)
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...

How gold can rescue pensions

June 15th, 2017 (0)
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries are Australia, Canada, China, India, Japan, Netherlands, ...

FCA UK issued an update on regulatory sandbox

June 15th, 2017 (0)
The Financial Conduct Authority of UK (FCA UK) today provides an update on its regulatory sandbox and unveils the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The ...

EU launches infringement procedures against three countries for refusing to take refugees

June 15th, 2017 (0)
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 (0)
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 ...

Traders review: Yen little changed, Aussie jumped, New Zealand dollar fell

June 15th, 2017 (0)
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 ...

Bet on a Pound Sterling to Euro Exchange Rate Decline in 2017-2018 say Société Générale

June 14th, 2017 (0)
Foreign exchange strategists at Société Générale have confirmed they are expecting further depreciation in the value of Pound Sterling relative to the Euro. The call comes as the French investment bank release their mid-year review of global foreign exchange ...

Fiserv Announces Firm Offer to Acquire Monitise plc

June 14th, 2017 (0)
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has reached agreement on the terms of a recommended cash offer to acquire Monitise plc (LSE: MONI). The acquisition is expected to accelerate ...

Deutsche Bank will pay $170 million to settle an investor lawsuit about Euribor

June 13th, 2017 (0)
Deutsche Bank AG (DBKGn.DE) will pay $170 million to settle an investor lawsuit claiming it conspired with other banks to manipulate the benchmark European Interbank Offered Rate and related derivatives. A preliminary settlement was filed on Monday with the ...
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