News

FCA Contemplates Crackdown On Spread Betting Industry

Britain’s spread-betting firms saw a rout in the markets after regulatory body, the Financial Conduct Authority (FCA) released a consultation…

8 years ago

Citi turns weak on Jefferies downgrade

The impressive fiscal 2016 third-quarter results that topped the analysts’ estimates enabled the banking and finance institution Citigroup Inc (NYSE:…

8 years ago

FX Infrastructure Might Stay In London post-Brexit

Financial Industry experts believe that a hard Brexit might result in most financial firms relocating their employees who are responsible…

8 years ago

Upcoming Italy Referendum Turns The Euro Weaker

The victory of Trump bolstered the Greenback against other major currencies in an unexpected manner. Not surprisingly, the Euro dollar…

8 years ago

IBM turns weak as Australian authorities slap $30M fine

Following the impressive third-quarter results that beat the analysts estimates, last week, the stock of International Business Machines (NYSE: IBM)…

8 years ago

UK Sees Dividends Decline With Drop In Pound Value

The plunging value of pound sterling has caused a decline in dividends received by global investors in UK equities based…

8 years ago

Canadian dollar turns weak as crude fails to cross $50

The Canadian dollar turned weak during the period ranging from mid-October to mid-November. There were two reasons for the weakness.…

8 years ago

India’s I-T Depart Issues Notices For Suspicious Cash Deposits

The demonetization of higher currency denominations by the Indian Government in early November has resulted in large sums of cash…

8 years ago

BP tops Q3 estimates, aims $7 billion in cost savings

On November 1, the oil and gas company BP Plc (NYSE: BP) reported fiscal 2016 third-quarter results that beat analysts’…

8 years ago

Aussie weakens on decline in iron ore price

Based on the rally in the price of iron ore and coking coal, on October 13, we had advised currency…

8 years ago