DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) The corrective outlook continues to drag the DAX lower but there is an interesting degree of buying pressure that is preventing a significant sell-off. The daily chart shows that the last two completed candles closed well off the lows and early today there is…
Read more
UK markets saw a rather divergent performance yesterday with the FTSE100 slipping back and in the process dropping into negative territory for the year, while the FTSE250 rebounded strongly after its losses on Tuesday. The following post is courtesy of CMC Markets. While the recent rally in the pound may well be a factor in the…
Read more
Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to report a loss for the first quarter of 2017. Profit (or more accurately, loss) warnings have become something of a bad habit lately at KVB. For the company, controlled by China's CITIC Securities Company…
Read more
Market Overview Traders are looking to consolidate some of the strong moves on forex markets in the wake of the decision for a snap UK General Election, and the US dollar still seems to be under pressure despite a bit of a retracement move yesterday. The sterling rally is holding firm, despite come as Treasury…
Read more
Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced that six credit unions with assets of $1 billion or more have extended and expanded their relationships with Fiserv. Each of the credit unions has selected DNA, an open architecture account processing platform, and will leverage DNA along with a variety of…
Read more
This article was written by contributor Kat Smith. From thrifty business owners to parents who need to send money to students traveling or studying abroad, people are able to send money overseas for cheaper rates and much more efficiently than what your average bank offers. The secret to this is simple. There are a wide variety…
Read more
ASIC has banned Dr Bingxing Hu (Dr Hu), of Melbourne, Victoria, from providing financial services for five years. Dr Hu was a director of AFS Capital Securities Limited ACN 143 006 151 (AFS Capital) from 8 April 2010 until 18 April 2017. AFS Capital's primary business is to assist companies to list on the Australian…
Read moreNasdaq Inc (NASDAQ: NDAQ) one of the world’s leading providers of technology and services to the capital markets, announced today the launch of a venture investment program, Nasdaq Ventures, dedicated to discovering, investing in and partnering with unique fintech companies worldwide. The program’s main objective is to identify and collaborate on new technologies and groundbreaking…
Read morePublished on 19.04.2017 21:06 The gold price is taking a breather today after yesterday’s gains on the uncertainty of the upcoming UK elections, but according to one analyst a new all-time high could be in the making At 3.54pm (GMT) gold was trading at $1,279 down from $1,289 in yesterday’s trading. Most see today’s pullback…
Read morePublished on 19.04.2017 21:00 The British pound has pulled back slightly in late European trading today against its US counterpart after surging on the back of upcoming elections in the UK and some predict this just the start of good things to come. At 6.33pm (GMT) the British currency was trading at $1.2804 down from…
Read more