Financial markets are in turmoil. The forever feared interest rate inversion has occurred. When 10-year Treasury yields drop below those for 2-year Treasuries, it is an alarm that a recession is on the way, perhaps, within the next 12 months. This indicator is our most trusted and accurate one for predicting recessions, having been on…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 16, 2019. See details below: FOREX Following 3 consecutive days of losses, the Euro is once again down during early Friday trading, by about 0.16% against the US Dollar. The single currency broke the $1.11 level and the risk is…
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The UK Financial Conduct Authority (FCA) has put out details of several clone firms today. The names of the clone companies are Retirement Planning and Global Reclaim. 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…
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The Dutch Authority for the Financial Markets (AFM) announced earlier today that it has signed a Memorandum of Understanding on Mutual Recognition of Funds (MoU) with the Hong Kong Securities and Futures Commission (SFC). Dutch Undertakings for Collective Investment in Transferable Securities (UCITS) and Hong Kong Collective Investment Schemes (CIS) will now be available for…
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The Bears cometh, and the Bears taketh away, from not only equities across the board, but also from Bitcoin and its altcoin brethren, as fears of an impending recession overly sway investor sentiments. That large sucking noise that you hear is the globe’s financial market being drawn into a “Black Hole” of frantic selling. Stocks…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for August 15, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Traditional markets have continued to seek shelter as stocks plunge and bond yields reach ever lower. Gold…
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Another day, another privacy defalcation by Facebook, so what else is new? Yes, once again Facebook is facing allegations that its staff has crossed another privacy line in the sand. San Francisco’s social media giant just cannot get out of its own way, when it comes to its two billion plus customers across the globe.…
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Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has today released its unaudited interim results for H1 2019. LeapRate reminds that the company has recently agreed to extend the completion date of the conditional Share Purchase Agreement to sell its entire holdings in MarketFinancials Limited (MF) to 31 August 2019. TechFinancials has also signed a…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 15, 2019. See details below: FOREX The Euro is on the back-foot against other major currencies, noticeably the US Dollar, trading around the $1.11 level on Thursday morning. The perfect storm of risk constraining events (lingering trade tensions, weak Chinese…
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The Financial Markets Authority (FMA) has recently added a new name to its list of unregulated firms. The latest addition is the company JJ Lloyd. According to the regulator, the firm may be involved in a scam and is not registered on the New Zealand Financial Service Providers Register. The Hong Kong and Austrian regulators…
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