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A London Hedge Fund Lost $1.2 Million in a Friday Afternoon Phone Scam The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday...
LY.com, one of China's many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. Wanda Culture Industry Group invested CNY3.58 billion in the tourism website...
Bank of England Governor Mark Carney led an emergency meeting of the central bank’s Financial Policy Committee at the end of last month as the crisis in Greece escalated...
by Kathy Lien The equity market can impact the currency market in many different ways. For example, if a strong stock market rally happens in the U.S., with the Dow and the Nasdaq registering impressive gains, we are likely to see a large influx of foreign money into the U.S...
The yen was sharply higher against the dollar and the euro on Wednesday as dramatic plunge in Chinese equities spurred demand for safe-haven...
On Wednesday Chinese markets continued its dramatic plunge despite efforts from Beijing to restrain a three-week selloff...
Referring to the gold market, analysts signal that the metal is now locked in the battle between the Greek turmoil and the Fed interest rates, with the latter winning the battle. However, another question has risen with respect to Greece: can the U.S...
Yesterday we saw US dollar strength across the board. I was too chicken to trade, so I didn't do anything. There were so many moving parts that I just didn't know what to do. When I don't know what to do, I don't trade. It's that simple...
"Opinion is divided between the following two trains of thought: i) that the market is still optimistic that a negotiated settlement can be reached and Grexit averted. Or, ii) Grexit is no longer seen as particularly disruptive for global markets, at least in the short-term...
On Wednesday the euro traded weaker in Asia as a fresh deadline was set for Greece to submit new proposals. News on account surplus in Japan boosted the yen...
The goal of the webinar is to demystify neural networks, explain neural networks in plain English, and share easy to understand code examples how NN can be used...
Germany led the European opposition to reject any kind of debt restructuring for Greece. They insisted that Greece must make “reforms”, aka more austerity and that that is the only way out. One reason is that the German public would not react positively to seeing losses on Greek bailouts...
Greece Must Meet Sunday Deadline to Reform or Face Euro Exit European leaders set a Sunday deadline for Greece to accept a rescue, saying otherwise they’ll take the unprecedented step of propelling the country out of the euro...
5 steps for Greece to return to the drachma The Greek economy has nearly run out of cash and experts say the country could soon be forced to print its own currency...
According to the agreements, Alcatel-Lucent will support the transformation of the two carriers and help them build faster and more cost-effective nationwide mobile and fixed broadband networks...
NZD/USD: Short position opened A position has been opened for this pair. The NZD is the weakest currency after the AUD and the USD which is at the moment the strongest currency with a score of 8. A short position has been openened on July 1 at 0,6781 and the pair is still in a strong downtrend...
By Michael J. Grossman The fundamental things that impact all our lives long-term can’t be ignored, though often we'd like to...
Weekly price is on primary bearish with secondary ranging between 15.47 support and 17.75 resistance levels. The price broke triangle pattern for downtrend and stopped near 15.47 support: triangle pattern was broken for downtrend and price was stopped with 15...
Reflection on the management of pension funds in the world Jakarta-Polemic limits retrieval Guarantee old age (JHT) raises the discourse about social security funds in particular pension funds in the country...