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ESMA released Product Intervention Renewal Decision in relation to CFDs

October 31st, 2018 (0)
The European Securities and Markets Authority (ESMA) has issued a press release to inform about its decision for Product Intervention Renewal in relation to Contract For Differences (CFDs). In accordance the press release, on 23 October 2018, the European ...

The Pound is under pressure as market rushes to buy options protecting against ‘No Deal’ Brexit

October 31st, 2018 (0)
The British Pound is suffering fresh losses taking it back to October lows against the Euro and two-month lows against the U.S. Dollar. The impasse in Brexit negotiations remains front-and-centre for foreign exchange markets with little near-term attention being ...

Elliott wave Analysis: GOLD and German DAX Update

October 30th, 2018 (0)
Gold has turned nicely to the upside at the end of September, after a full completion of a corrective wave B which found a base at the 1180 level. We can see that precious metal unfolded a five-wave rally ...

Alexander Geralis Appointed as Chief Product Officer of cXchange at Spotware

October 30th, 2018 (0)
Spotware, an award-winning trading solutions provider, has announced an appointment of Alexander Geralis as a Chief Product Officer of cXchange, its digital asset exchange solution. In his new role, Alexander will undertake the overseeing of the product’s development and ...

FCA published UK’s policy and regulatory approach to cryptoassets

October 30th, 2018 (0)
The Financial Conduct Authority (FCA) has, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report has considered the policy and regulatory implications of distributed ledger ...

Here’s what to watch in European stocks this morning

October 30th, 2018 (0)
Trade Talk Stocks gained in Asia after Donald Trump said he’s aiming for a “great” deal on trade with China. U.S. equities had declined earlier after a report saying the White House is preparing to impose more tariffs on ...

Canadian Bitcoin Exchange ‘Hacked,’ Says All Funds are Gone

October 29th, 2018 (0)
A small Bitcoin exchange based in Alberta, Canada, has gone offline. Before their Twitter page went offline, MapleChange had announced on Twitter that they “ no more funds to pay anyone back.” In the way of an explanation, the ...

Gold demand up 42 percent year on year in the first quarter of 2018 among central banks

October 29th, 2018 (0)
Central banks around the world are turning to gold as an alternative to the US dollar, which they see as being undermined by America’s aggressive trade policy and geopolitical uncertainty. Demand for gold was up 42 percent year on ...

Dollar holds near 10-week high; Euro lost 1.8 percent this month

October 29th, 2018 (0)
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...

The biggest of big pictures

October 26th, 2018 (0)
  I have had a request from Mrs Macleod to write down in simple terms what on earth is going on in the world, and why is it that I think gold is so important in this context. She-who-must-be-obeyed ...
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