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British pound is facing continued pressure on Friday morning
October 12th, 2018
The British pound is facing continued pressure on Friday morning after Liam Fox, Michael Gove and Dominic Raab spoke out against the UK PM at a senior ministers Brexit meeting in Downing Street last night. The Pound to Euro ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
USDCAD and USDCHF Aiming Higher – Elliott wave Analysis
October 9th, 2018
USDCAD is making an aggressive turn from 1.2800 area, now already back above 1.2900 so we are considering that bottom can already be in place. We see wave 1) as part of a bigger, bullish cycle completed, and now ...
House prices in the euro area rose; These are the countries with the highest increases
October 9th, 2018
House prices, as measured by the House Price Index, rose by 4.3% in both the euro area and the EU in the second quarter of 2018 compared with the same quarter of the previous year. These figures come from ...
U.S. District Court finds that virtual currencies are commodities
October 9th, 2018
On September 26, 2018, Senior Judge Rya W. Zobel of the U.S. District Court for the District of Massachusetts, entered an order holding that the Commodity Futures Trading Commission (CFTC) has the power to prosecute fraud involving virtual currency ...
U.S. Dollar rises as optimism on economy grows
October 9th, 2018
The U.S. dollar rose Monday as investors continue to bet on the country’s robust economic growth. The WSJ Dollar Index, which measures the currency against a basket of 16 others, rose less than 0.1% to 90.26, snapping a two-day ...
Investors Alert: The Cyprus financial regulator issued warnings
October 8th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued warnings to inform investors that the websites binatex.com and primustrades.com have not been authorised by CySEC, and the company Brisk Liquidity Ltd through the website www.briskliquidity.nz, uses the name of ...
U.S. and Australian financial regulators sign FinTech Cooperation Arrangement
October 8th, 2018
The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. “The signing ...
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
Liechtenstein and Peru removed from EU “gray” list of tax havens
October 5th, 2018
Liechtenstein and Peru are compliant with EU laws on tax after implementing necessary reforms and were therefore removed from EU “gray” list of tax havens, the Council of the European Union said Tuesday in a statement. In late 2017, ...
