Daily Archives: 23/08/2016
Japanese bank consortium to build new payments network with SBI Ripple Asia
August 23rd, 2016
A consortium of 15 Japanese banks are to work with blockchain joint venture SBI Ripple Asia, to build a new payments platform promising round-the-clock real-time settlement for cross-border and domestic funds transfers. Ripple announced its joint venture with Japanese ...
Eurozone economic recovery picking up despite Brexit, PMIs show
August 23rd, 2016
The eurozone’s economic recovery gained speed in August, according to surveys of purchasing managers that provide fresh evidence of the currency area’s resilience in the wake of the U.K.’s decision to leave the European Union. In advance of the ...
The S&P 500’s new sector could be a really big deal
August 23rd, 2016
The S&P 500 is about to undergo a landmark change, and it could have interesting and important developments for investors. Since 1999, the index of large-cap stocks has been cut into 10 broad sectors, with the distinctions critical for ...
Elliott Wave Analysis: Cable Looking For A New Bullish Run
August 23rd, 2016
Elliott Wave Analysis: Cable Looking For A New Bullish Run GBPUSD fell sharply lower a few weeks back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low ...
Saxo Bank continues MENA region build-out with key management appointments
August 23rd, 2016
Saxo Bank, the online investment and trading specialist, announces today two senior appointments as it continues to grow and invest in its retail and institutional functions across the Middle East, reflecting the region’s importance as a growth hub for ...
Bitcoin to withdraw from Turkey, due to failure to find bank to collaborate with
August 23rd, 2016
The electronic currency Bitcoin (BTC) has halted TL deposits into BTCTürk, which gives investors the opportunity to conduct transactions with TL/BTC conversion. After Paypal’s decision to pull out of Turkey, which resulted from failing to acquire the necessary permits, the ...
PwC to recruit over 1,000 technology specialists
August 23rd, 2016
PwC’s UK Risk Assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services. The new recruits will work across all ...
CFTC announced fines for fraud on Forex commodity pool
August 23rd, 2016
CFTC Orders California Resident Irina Feldman and her Companies Cindium Inc. and Einstein Exchange Group Inc. to Pay More than $600,000 for Solicitation Fraud and Misappropriation in Commodity Pool Scheme All of Pool Participants’ Funds Were Misappropriated to ...
Dollar dips vs yen, kiwi lifted by RBNZ’s rate view
August 23rd, 2016
The dollar dipped against the yen on Tuesday, while the New Zealand dollar rose after the nation’s central bank chief said he did not see the need for a rapid succession of interest rate cuts. The dollar shed 0.1 ...
FxPro Reveals Execution Data for Q2 2016
August 23rd, 2016
Online broker FxPro announced key execution statistics registered during the months of April, May and June 2016. During a particularly volatile second quarter, slippage percentages reached the following levels: Positive = 49.45% At Quote = 30.15% Negative = 20.40% Together ...
