Daily Archives: 22/07/2016

ECB keeps interest rates unchanged

July 22nd, 2016 (0)
On its meeting dated July 21, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at ...

Number26 receives banking license

July 22nd, 2016 (0)
Number26 becomes N26 and receives a banking license: only 1,5 years after product launch, the FinTech’s N26 Bank is awarded a full German banking license by the Federal Financial Supervisory Authority (BaFin) and the European Central Bank. This provides ...

The real message from asset inflation

July 22nd, 2016 (0)
The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Central bankers are almost certainly unaware of this danger, partly because their chosen statistics fail to ...

OTC Clear Receives Regulatory Approval to Clear USD/CNH Cross Currency Swaps

July 22nd, 2016 (0)
OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announces that the Securities and Futures Commission has granted approval of its clearing services for cross currency swaps.  OTC Clear expects to launch ...

Elliott Wave Analysis On USDJPY And S&P500

July 22nd, 2016 (0)
USDJPY Stocks are trading in a corrective pattern which allowed USDJPY to make a pullback lower. We have seen a very strong fall from 107.50 after a completion of an ending diagonal in black wave five so it appears ...

Oil futures up slightly, face weekly decline as glut fears persist

July 22nd, 2016 (0)
Crude oil futures eased on Friday, extending big falls in the previous session as investors reassessed U.S. data underlining the glut in petroleum, while Iraqi crude exports are also on the rise. The global oversupply of oil has been ...

Tax advisers in Uk arrested in suspected £132m tax fraud

July 22nd, 2016 (0)
Three tax advisers have been arrested as part of a HMRC investigation into a suspected £132m tax fraud. The arrests were made as a result of a HMRC investigation into a complex scheme involving offshore trusts used by professional financial advisers ...

International Law Firm announced record number of senior promotions

July 22nd, 2016 (0)
Record number of senior promotions – up almost 40% on last year Continuing commitment to gender diversity – almost 60% of all senior appointments are women MinterEllison announced its 1 July 2016 senior appointments – 13 new partners, 21 ...

Coinbase is adding support for Ethereum

July 22nd, 2016 (0)
Since Coinbase was founded in 2012, hundreds if not thousands of Bitcoin competitors (typically referred to as alt-coins) were created. But Coinbase ignored the noise and remained focused on supporting just one currency – Bitcoin. But today that changes, as Coinbase ...

FCA publishes thematic review into dark pools

July 22nd, 2016 (0)
Firms operating dark pools have made significant progress in addressing the promotion and the management of conflicts of interest according to a new report from the Financial Conduct Authority (FCA) published today. Dark pools are trading venues with no-pre ...
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