Daily Archives: 25/07/2016
Central Bank of Russia decided to revoke the banking license of a credit institution
July 25th, 2016
The Central Bank of Russia has issuesd a press releases to inform regarding its decision to revoke the banking license of a Russian Bank. According to the press release, the decision is due to the non-compliance by the Moscow-based credit institution ...
Nintendo shares dive; Who really made Pokémon Go?
July 25th, 2016
After a meteoric rise following the launch of Pokémon Go, Nintendo’s share price has fallen abruptly. The reason? It seems investors have finally heard Nintendo doesn’t actually own the mobile phenomenon. A Nintendo financial briefing on Friday broke the ...
UK property price slide creates wave of Chinese interest
July 25th, 2016
Interest among Chinese buyers in buying UK property has surged since Britain voted to leave the European Union last month, as the pound’s slide has created opportunities to buy at a discount, the property website juwai.com said on Monday. ...
Elliott Wave Analysis On USDJPY And GOLD
July 25th, 2016
USDJPY 10 year US treasuries have turned south last week, while stocks keeps moving higher, so normally we should expect higher prices on USDJPY as well. As such, we think that turn down from 107.50 is going to be ...
The Dubai government has shut down a foreign exchange trading firm
July 25th, 2016
The Dubai government has shut down a foreign exchange trading firm in Dubai pending further investigations. Officials from the Department of Economic Development (DED) closed the offices of Exential Group in Dubai Media City last week and ordered it ...
Which is the next hotspot to attarct investors interest in UAE?
July 25th, 2016
UAE-based companies with more than 50 staff are now required to provide free housing for workers earning less than $544 per month. Worker housing projects in the United Arab Emirates (UAE) are expected to draw increased interest from investors ...
Israel and Cyprus agree gas field cooperation
July 25th, 2016
Prime Minister Benjamin Netanyahu and President Nicos Anastasiades agreed to cooperate over the neighboring Yishai and Aphrodite gas fields. Israel’s Prime Minister Benjamin Netanyahu and the President of Cyprus Nicos Anastasiades met yesterday to discuss a wide range of ...
Nigeria: Attracting foreign investors to the forex market
July 25th, 2016
Feelers from last week’s foreign investment road-show by Central Bank of Nigeria (CBN) indicated that Nigeria’s finances and the economy as a whole may be headed to its worst external sector positions. The foreign investors have told the apex ...
Global Brokers See 109 Million Reasons to Ramp Up in China
July 25th, 2016
Interative Brokers and Saxo among firms laying groundwork QDII2 program to be rolled out at ‘appropriate time’: PBOC Online brokerages from around the world are gearing up for what could be China’s biggest step yet to unleash the nation’s ...
IMF Managing Director Christine Lagarde will stand a trial for negligence
July 25th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a long-running legal ...
