Daily Archives: 04/07/2016
Time to Go Long the British Pound?
July 4th, 2016
Well they did it. British voters opted to leave the European Union, and in the process sent the financial markets into a tailspin. But the biggest victim here would appear to be the British pound. The night of the ...
EU To UK: No Free Trade A La Carte
July 4th, 2016
“There will be no single market ‘á la carte'” for the UK when it leaves the European Union (EU), according to Donald Tusk, President of the European Council. Tusk made the comment after an informal meeting on June 29 ...
Fund Manager: Gold prices will hit record high in next 18 months
July 4th, 2016
Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity. Despite being a non-interest bearing ...
Elliott Wave Analysis: USDCAD Trading Within A Temporary Bullish Correction
July 4th, 2016
USDCAD has been trading quite aggressively lower few months back after a decisive break out of an upward channel connected from May of 2015 lows, which was an important evidence for a change in trend. That said, price of ...
Russian Oil Exports Set for Record as Europe Competition Grows
July 4th, 2016
Exports rose 4.9% in six months to 5.55 million barrels a day Iran also boosts supplied to region after sanctions lifted Russian crude exports are on track to set a record this year, which is intensifying competition in Europe ...
The Citisoft Group Appoints Global CEO and COO
July 4th, 2016
Citisoft, a leading global investment management consulting firm, today announced that it has appointed Paul Migliore as the firm’s Global Chief Executive Officer and Thomas Secaur as the firm’s Global Chief Operating Officer. Paul Migliore has served as CEO ...
Former financial adviser and accountant charged for fraud involving approximately $800,000
July 4th, 2016
Following an ASIC investigation, former financial adviser and accountant, Satvir Singh Birk, aged 40, of Reedy Creek, has today appeared in the Southport Magistrates Court charged with five counts of fraud involving approximately $800,000. ASIC alleges that between September ...
India is on the verge of opening its legal market to foreign law firms
July 4th, 2016
India is on the verge of opening its legal market to foreign law firms as ministers have revealed they will meet to discuss fresh proposals next Tuesday (5 July). Legally India reports that the Bar Council of India (BCI) has ...
Russian Finance Firms Form Blockchain Consortium
July 4th, 2016
A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications. Announced 1st July, the consortium includes payment processing firm QIWI, B&N Bank, Khanty-Mansiysk Otkritie Bank, Tinkoff Bank, MDM Bank, and professional services firm Accenture. The launch came during the 25th International ...
Facebook users will be able to make payments through Messenger
July 4th, 2016
Facebook has started to test out a new feature that will allow users to make payments through Messenger. The company has been planning for some time to launch a payment service through the Messenger app, marketexclusive.com reports. The feature named Send or ...
