Daily Archives: 14/07/2016
Bank of England maintains Bank Rate at 0.5%
July 14th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 13 July 2016, the MPC voted by ...
CySec commences its Web Portal for submission of digitally signed documents to the Commission
July 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular to inform regarding the commencement of its Web Portal. According to CySec’s release, through the Commission’s Web Portal, the Regulated Entities can submit digitally signed documents/forms/letters to the Commission. ...
BlackRock Reports Second Quarter 2016 financial results
July 14th, 2016
AUM of $4.9 trillion, up 4% year-over-year and 3% sequentially $2 billion of long-term net inflows in the second quarter of 2016, and $126 billion over the last twelve months, demonstrate strength of diversified business model 2% decline in base fees year-over-year, driven ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
OpenDoor Becomes First Women-Owned Bond Trading Platform
July 14th, 2016
Following the closing of a $10 million investment round, OpenDoor Trading, LLC (“OpenDoor”) has become the first U.S. bond trading platform both majority-owned and majority-controlled by women. The funds will be used to support technology and business development of an innovative ‘all-to-all’ ...
Immigration lawyers comment about how Brexit affecting them
July 14th, 2016
Nearly three weeks on from the unexpected referendum result, the world is still fascinated by what a vote to leave the EU means for the big wide world of commercial law. The details of what a post-Brexit City of ...
Bitcoin Trading is Exceeding Gold Trading in Brazil
July 14th, 2016
A report has revealed that the total value of bitcoin trading among digital currency exchanges in Brazil has now surpassed that of gold spot trading on the Brazilian Securities, Commodities and Futures Exchange – the country’s securities market authority ...
Chinese regulator released that paid online searches will be treated as advertising and to be taxed
July 14th, 2016
The recent regulations issued by China’s State Administration for Industry and Commerce on online advertising are likely to dent Alibaba’s and Baidu’s earnings, analysts believe. Baidu Inc is set to announce its second quarter of fiscal year 2016 (2QFY16) ...
Elliott Wave Analysis: S&P500 Reaching For More Upside, 2170/2190 Zone Is In View
July 14th, 2016
Stocks recovered very nicely and sharply since mid of February so new bullish reversal is here. Reason for a bullish trend is a five wave rise from 1802 which is an impulsive structure that shows direction of a trend. ...
EU and Monaco Sign New Tax Deal
July 14th, 2016
The European Union (EU) and Monaco have signed a tax transparency agreement that will enable them to automatically exchange information on the financial accounts of each other’s residents from 2018. Under the agreement, the EU and Monaco will automatically ...
