April 21, 2017 BY Valentina Kirilova

ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services

The Australian Securities and Investments Commission (ASIC) and Indonesia's Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation between OJK and ASIC in the expanding space of innovation in financial services, agreeing to share…

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April 21, 2017 BY Think Markets

THE FOREX WEEK AHEAD: April 21st 2017

Posted by Matt Simpson | 21/04/2017 07:01 Monday could start of with a bang as the results from the first round of French elections are released around Asia open.  USD: New home sales continue to track consumer confidence higher. There are concerns that confidence is already reaching extreme levels, whilst the credit cycle sends warning signals…

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April 21, 2017 BY Think Markets

VIX Spreads suggest a shift in global sentiment

Posted by Matt Simpson | 21/04/2017 03:49 Carry trades may be approaching oversold levels and S&P500 appears set to break to new highs, whilst the spread between 3-1 month VIX points towards a broad recovery in risk-on.  [embedded content]  Matt Simpson | Senior Market Analyst A certified technical analyst, combining macro themes, monetary policy and business cycles…

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April 21, 2017 BY admin

NEX SEF approved by CFTC allowing EBS customers to trade Forex NDFs

NEX Group plc (LON: NXG) formerly known as ICAP plc, a UK-based business focused on electronic markets and post trade business, announced today that it has received approval from the Commodity Futures Trading Commission (CFTC) for NEX SEF Limited (NEX SEF), a new Swap Execution Facility (SEF). NEX SEF will allow customers to trade Non-Deliverable…

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April 20, 2017 BY Think Markets

Technically Speaking | WTI, CAD, DXY

Posted by Matt Simpson | 20/04/2017 05:17 The recent losses of oil prices could help the positive yield differential of US over CAD continue higher, which appears ready to break to a new high following the end of a classic ABC correction.  [embedded content]  Matt Simpson | Senior Market Analyst A certified technical analyst, combining macro themes,…

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April 20, 2017 BY Think Markets

JPY trade remains firm | AUDJPY cannot rule out new lows

Posted by Matt Simpson | 20/04/2017 03:37 Japan's trade continues to pick up yet, in all the time the US remains in deficit to Japan, it will remain a bargaining chip for Trump's bilateral trade talks. AUJPY is the trend that keeps on giving and we cannot yet rule out another low or move towards…

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clone firm FCA warning
April 20, 2017 BY Valentina Kirilova

FCA warns against House of Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm House of Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

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April 20, 2017 BY Valentina Kirilova

SGX reports 3Q 2017 net profit of $83 million

Singapore Exchange (SGX) today reported 3Q for 2017 net profit of $83.1 million ($89.2 million) on the back of revenues of $202.7 million ($205.8 million). Excluding a one-off loss of $4.0 million from the disposal of its investment in the Bombay Stock Exchange, net profit would have been $87.0 million, 2% lower than a year…

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fca warning
April 20, 2017 BY Valentina Kirilova

FCA warns against Zenith Investor firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Zenith Investor. Zenith Investor is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…

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