Daily Archives: 18/10/2016
More Good News For Gold Bugs: The Bottom Is Getting Closer
October 18th, 2016
In the latest gold and silver commitment of traders (COT) report (click here for an explanation of what this report involves), paper players made big strides in bringing the market back into balance — and setting the stage for ...
Elliott Wave Analysis On USDCHF And USDJPY
October 18th, 2016
Elliott Wave Analysis On USDCHF And USDJPY USDCHF USDCHF has a contracting shape since pair found a top on October 13th, so we see pair now in just another corrective pattern. It’s probably a triangle placed in fourth wave ...
CEO of Forex trading firm found guilty for sexual assaults; facing jail
October 18th, 2016
A finance boss is facing time in prison after being found guilty of sexually assaulting women at alcohol-fuelled office parties. Anthony Constantinou, 35 and boss of foreign exchange trading firm CWM, was found guilty on two counts of sexual ...
CySec: Cyprus Investment Firm renounced its authorisation
October 18th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 10 October 2016, the CIF Glistentree Holdings Ltd (the ‘Company’), which provided investment services via the domain www.icetrader.com, renounced its authorisation pursuant to section 24(1)(b) of the ...
Nordic fintech company appoints Artificial Intelligence as a member of the leadership team
October 18th, 2016
Tieto the first Nordic company to appoint Artificial Intelligence to the leadership team of the new data-driven businesses unit Tieto has appointed Artificial Intelligence as a member of the leadership team of its new data-driven businesses unit. The AI, ...
Italian Corporate Tax Rate To Fall In New Budget
October 18th, 2016
In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax cuts, and underlined that “tax burdens continue to go down.” ...
Fees To Increase For Jersey Financial Firms
October 18th, 2016
Jersey’s financial services regulator, the Jersey Financial Services Commission, says it will proceed with its proposal to increase registry fees. The fee for annual returns for companies and the annual administration fee for partnerships (with the exception of Limited ...
Multinational law firm agrees partnership with Chinese law firm
October 18th, 2016
Leading global law firm Hogan Lovells and Fujian Fidelity Law Firm (“Fidelity“) have entered into a formal association in the China (Shanghai) Free Trade Zone (“Shanghai FTZ“). This move reflects the firm’s growth strategy in Asia and the importance ...
New Administrative Services Provider approved by CySec
October 18th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: Alexandrou Corporate Services Ltd 76 Omirou Street, Alexandrou ...
Deutsche Bank is thinking a partial exit from the US market
October 18th, 2016
Reports in local media in Germany indicate that Deutsche Bank is currently mulling over a strategy overhaul as far as the United States is concerned and an exit from the country couldn’t be ruled out. The bank was been ...
