Daily Archives: 08/09/2016
Middle East investment in global real estate reaches $10b
September 8th, 2016
Middle East outbound capital flows into global commercial real estate touched $10 billion in the first half of 2016, with international market destinations becoming more diverse, according to CBRE’s Middle East ‘In and Out’ 2016 report. Investors from the ...
Asia Closes In On UK In Forex Market Dominance
September 8th, 2016
For weeks now, analysts have warned that the U.K.’s dominance in FX trading is waning. Now, for the first time in more than a decade, the U.K.’s share of the global currencies trading market dropped to 37.1 percent, reports ...
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...
Westpac refunds $20 million in credit card foreign transaction fees
September 8th, 2016
Westpac Banking Corporation (Westpac) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following a customer complaint, Westpac notified ASIC that customers may have been ...
ICAP published Electronic Markets Volumes for August 2016
September 8th, 2016
ICAP, a markets operator and provider of post trade risk mitigation and information services has issued a press release to inform on company’s Volumes for August 2016. Below is a table showing the Average daily volume (in USD billions, ...
Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed
September 8th, 2016
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull the outlook for monetary policy in the world’s biggest economies. ...
What to Watch at the ECB’s Meeting
September 8th, 2016
As Mario Draghi prepares to face the cameras on Thursday, analysts have rarely been so divided over what to expect from the European Central Bank president. In July, ECB officials signaled that they were ready to unleash fresh stimulus to support the eurozone’s ...
Thursday, September 08: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
September 8th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for September 08. Gold Open 1349.10, High 1351.90, Low 1345.80, Close 1349.50, 0.02% Changed. Silver Open 19.87, High 19.91 …View table below
Thursday, September 08: OSB G10 Currency Pairs Cheat Sheet & Key Levels
September 8th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for September 08. EURUSD Open 1.1238, High 1.1246, Low 1.1235, Close 1.1245, 0.07% Change. GPBUSD Open 1.3339 High 1.3346… View table below
