Daily Archives: 21/07/2016
Asian shares at nine-month highs on inflow bets; dollar strong
July 21st, 2016
Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the safe-haven yen on resurgent expectations of a U.S. interest rate hike this year. European shares are expected ...
Two top HSBC currency traders charged in forex probe
July 21st, 2016
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, Stuart Scott, has also been charged. The two traders are ...
Spain To Raise Corporate Tax
July 21st, 2016
The Spanish Government has outlined plans to increase company tax as it battles to keeps its budget deficit in check. Facing the prospect of being the first ever member state to be fined by the European Union for persistently ...
The legal take on Pokémon Go
July 21st, 2016
Lawyers are considering potential legal issues involved with playing the hugely popular new Pokémon Go game. The Pokémon Go app uses a smartphone’s GPS and clock to determine a player’s location and makes Pokémon characters appear on their phone, ...
Regulators from around the world issued warnings for unauthorised financial services companies
July 21st, 2016
The Financial Conduct Authority (FCA) of UK, the Central Bank of Ireland, the Sweden’s regulator Finansinspektionen, the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg, the Swiss Financial Market Supervisory Authority (FINMA), the Spanish Comisión Nacional del Mercado ...
Russia to Treat Bitcoin as Foreign Currency
July 21st, 2016
Depending on how soon all involved parties can come to an agreement, the law proposal will be submitted to the Duma by the end of 2016. The status of Bitcoin in Russia has been up in the air for ...
UnionPay International accelerates the localization of its overseas business
July 21st, 2016
UnionPay International is accelerating the localization of its overseas business by enlarging card-issuing scale abroad, and by supporting overseas cardholders’ card-using in the local market, China as well as other countries and regions. Latest data show that, by the ...
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
July 21st, 2016
The yen weakened against its rival currencies, hitting its six-week low against the dollar, during Asian trade on Thurdsay, on mounting hopes for strong policy steps Tokyo will likely put together later this month. The U.S. dollar USDJPY, +0.22% higher at ¥106.94, ...
Thursday, July 21: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
July 21st, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for July 21. Gold Open 1332.20, High 1338.80, Low 1312.50, Close 1319.30, -0.98% Changed. Silver Open 19.97, High 20.05 …View table below
Thursday, July 21: OSB G10 Currency Pairs Cheat Sheet & Key Levels
July 21st, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for July 21. EURUSD Open 1.1020, High 1.1029, Low 1.0981, Close 1.1013, -0.06% Change. GPBUSD Open 1.3110 High 1.3225… View table below
