Daily Archives: 27/07/2016
Is Recession-Risk Monitoring Useful For Investing?
July 27th, 2016
There’s a myth going around that tracking the business cycle is a waste of time for investors. On the surface, the reasoning sounds logical. By the time it’s clear that the US has slipped into a recession, it’s too ...
Elliott Wave Analysis On GOLD And NZDUSD
July 27th, 2016
GOLD GOLD is showing a complex corrective pattern, known as double zig-zag which could be near completion, as only one more leg seems to be missing, that is wave C). Currently we see price in final stages of wave ...
Apple’s iPhone sales and revenue fall again – but Wall Street’s loving it
July 27th, 2016
Apple shares were up nearly seven per cent in after hours trading, breaking through the $100 mark, after reporting earnings and iPhone sales slightly ahead of Wall Street expectations. The figures Apple revenue hit $42.4bn in the third quarter, down from $49.6bn in the same period last year ...
SEC: State Street Misled Custody Clients About Prices for Foreign Currency Exchange Trades
July 27th, 2016
The Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay $382.4 million in a global settlement for misleading mutual funds and other custody clients by applying hidden markups to foreign currency ...
TechFinancials is terminating the agreement with IBID for manage one of its B2C binary options trading brands
July 27th, 2016
TechFinancials plc has issued an announcement to inform regarding the termination of the agreement with IBID Holdings Limited. According to the Company release, TechFinancials announces that further to entering into a Joint Venture agreement with IBID Holdings Limited (‘Partner’), ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
Visa Europe Partners for Bitcoin Micropayments Trial
July 27th, 2016
Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe’s innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that it was exploring bitcoin micropayments for connected devices. At the ...
Leading London based accounting firm announces investment by HgCapital a private equity firm
July 27th, 2016
Blick Rothenberg, a leading provider of accounting, audit and tax services based in the United Kingdom, has announced today an investment by HgCapital, which will sit within HgCapital’s Services sector. The terms of the transaction were not disclosed. Founded ...
Law firm’s bank account linked to stolen Malaysian $1bn
July 27th, 2016
Shearman & Sterling has unwittingly become caught up in the biggest ever asset seizure by the US Department of Justice’s anti-corruption unit. According to civil filings to the United States District Court in Los Angeles, the law firm held ...
Monex Group reported preliminary figures of consolidated financial results
July 27th, 2016
Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) reported the following preliminary consolidated financial results of Monex Group, Inc., for the 1st quarter of the fiscal year ending March 31, 2017 prepared in accordance with ...