Daily Archives: 08/09/2016
European Central Bank leaves interest rates unchanged
September 8th, 2016
At today’s meeting 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 0.00%, 0.25% and ...
SFC Hong Kong warns for Strauss Asset Management
September 8th, 2016
The Securities and Futures Commission (SFC) Hong Kong, has issued today a warning to inform investors and public for an unlicensed entity with the name Strauss Asset Management. The SFC Hong Kong noted that the company provides the address 35 Des Voeux ...
ASIC cancels AFS licence of The Sharemarket College
September 8th, 2016
ASIC has cancelled the Australian Financial Services (AFS) licence of Brisbane-based education and training business, The Sharemarket College Pty Ltd (AFS licence No 331635). ASIC has also banned the Responsible Managers of The Sharemarket College, Mr Graeme Allan Rogers ...
DLT Financial To Launch Top 10 Cryptocurrency Index
September 8th, 2016
Recently rebranded from Tramonex, DLT Financial is a fintech company that aims to make virtual currencies an enticing asset class for investors. The firm has received a 250,000 GBP ($333,000 USD) grant from the UK government to develop a working prototype of their proposed ...
Oil extends gains after big U.S. crude stock draw
September 8th, 2016
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude stocks fell 12.1 million barrels last week, data from ...
An online legal document provider is expanding into Europe
September 8th, 2016
An online legal document provider is expanding into mainland Europe after persuading more than 200,000 people in the UK to sign up for the service. US-based Rocket Lawyer, which founded four years ago in the UK, will launch in ...
Deloitte announces record global revenue of $36.8bn
September 8th, 2016
Deloitte has reported aggregate network revenue of $36.8bn for the fiscal year ended 31 May 2016, representing 9.5% growth in local currency terms. Risk advisory grew the most at 22.5%, driven by high demand for cyber and regulatory services, ...
The Forex business is officially shrinking for the first time since 2001
September 8th, 2016
The latest triennial survey of the FX industry by the Bank for International Settlements (BIS) has revealed a decline in volumes for the first time in 15 years. The conclusions of the survey are broadly in line with the ...
Elliott Wave Analysis On Crude OIL And GOLD
September 8th, 2016
Crude OIL On the 4h chart of crude oil we can see a very deep retracement from 49.35 to 43.00 but still in three waves which means that it can be a corrective move. An updated count shows ...
Euro area unemployment at 10.1%
September 8th, 2016
Eurostat has issued a publication to inform regarding the unemployment rate in Euro area for July. The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. ...
