Search Results for: brokers
How would VAT be affected if no deal is made following Brexit negotiations?
September 3rd, 2018
With continued backlash in parliament over the Chequers deal, the UK are falling behind in their negotiations for exiting the European Union on 29 March 2019. While HMRC argues that the likelihood of the UK leaving the EU without ...
Early traders review: Euro to Dollar rose, Pound to Dollar slid; Asian stocks declined
September 3rd, 2018
Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether turmoil in some emerging markets can be contained. The pound retreated as the chief European negotiator on Brexit ...
More Emerging Market Chaos – How Long Before It Spreads To The Developed World?
August 31st, 2018
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its ...
Bitcoin sinks further; Most altcoins enter negative territory for the week
August 31st, 2018
Bitcoin fell for a second straight day Thursday, putting a lid on the recent euphoria that had some pundits eyeing $8,000 and beyond. One bitcoin BTCUSD, +1.28% was last worth $6,913.85, down 1.8% since Wednesday at 5 p.m. on ...
BNP Paribas ordered to pay $90 Million penalty; The reason?
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against BNP Paribas Securities Corp. (BNP Paribas or the Bank) for attempted manipulation of the ISDAFIX benchmark and requiring BNP Paribas to pay a $90 million ...
Forex trader and firm charged with fraud and registration violations
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) filed a federal court enforcement action in the U.S. District Court for the Southern District of New York against Jason Amada of New York, New York, and Amada Capital Management LLC (ACM), a ...
Euro Pound Sterling (EUR/GBP) exchange rate looks for boost from steady inflation data
August 31st, 2018
Ahead of August’s German and Eurozone consumer price index data the Euro to Pound Sterling (EUR/GBP) exchange rate remained under pressure. However, as forecasts point towards the headline inflation rate remaining steady on the year this could offer the ...
This is the longest Bull Market since the great pyramid boom of 2580 B.C.
August 30th, 2018
As you have undoubtedly heard, the current Bull Market in U.S. stocks (S&P 500) is the longest in recent history–though some historians claim that Rome’s SPQR Index rose steadily though most of Emperor Augustus’ 40-year reign from 27 ...
The EU is taking another look at regulating crypto
August 30th, 2018
Cryptocurrency traders and issuers of virtual currencies are in for a fresh round of scrutiny from European politicians. Finance ministers from the European Union’s 28 member states will discuss a host of challenges posed by the growing popularity of ...
Grant Thornton fined £3m by a watchdog for misconduct over audits
August 30th, 2018
The Financial Reporting Council (FRC), the independent, investigative and disciplinary body for accountants and actuaries in the UK, has issued an announcement to inform that has fined and reprimanded Grant Thornton UK LLP and three senior statutory auditors. According the ...
