Daily Archives: 05/07/2016
London Stock Exchange Shareholders Approve Merger With Deutsche Börse
July 5th, 2016
London Stock Exchange shareholders on Monday voted strongly in favor of a planned $30 billion tie-up with Germany’s Deutsche Börse, but after the U.K.’s decision to leave the European Union, bigger obstacles may lie ahead. As expected, shareholders controlling ...
Singapore leads Hong Kong in race to be Asia’s fintech hub
July 5th, 2016
Singapore has pushed ahead of regional rival Hong Kong in the race to emerge as Asia’s financial technology (fintech) hotspot. State funding, light-touch regulation and a recent move to allow start-ups to test financial products in a controlled environment have ...
EU VAT group reassures e-traders on Brexit vote
July 5th, 2016
The trend of having to pay VAT where the customer rather than the seller is located is “not going to go away,” although a scheme in Britain that makes doing so simpler might. Lobby group EU VAT Action issued this alert to the ...
Global law firm Clyde & Co posts 13% revenue growth
July 5th, 2016
Global law firm Clyde & Co grew for the 18th year in succession last year according to pre-audit figures released today. Firmwide revenues at the 45 office law firm grew 13.2 percent to £447.3 million in the year ending ...
Bitcoin transactions values to Triple this Year
July 5th, 2016
Bitcoin Transactions Values To Triple this Year – Reaching Over USD92Bn, As Brexit And Possible Trump Presidency Fuel Price Spikes – Exchanges Drive Growth As Retail Interest A new study from Juniper Research has found that the total value of Bitcoin ...
Reserve Bank of Australia decided to leave the cash rate unchanged
July 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the ...
Asian Shares Retreat With Commodities as Haven Demand Boosts Yen
July 5th, 2016
Aussie falls as RBA leaves key rate unchanged; yen advances Nickel slides from eight-month high as Brent crude below $50 Asian stocks dropped for the first time in a week and European equity index futures fell with commodities as ...
Tuesday, July 05: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
July 5th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for July 05. Gold Open 1345.00, High 1360.30, Low 1338.50, Close 1352.30, 0.99% Changed. Silver Open 19.84, High 21.23… View table below
Tuesday, July 05: OSB G10 Currency Pairs Cheat Sheet & Key Levels
July 5th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for July05. EURUSD Open 1.1123, High 1.1159, Low 1.1098, Close 1.1152, 0.15% Change. GPBUSD Open 1.3239 High 1.3338… View table below