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Financial services provider Astaria Group has just been added to the warning list of the Financial Conduct Authority in the UK as a “clone” firm.
According to the official warning the firm does not hold the proper license by the FCA for providing financial services to British traders and is operating outside the law.
The FCA even opened a hotline for people who have become victims of the company's scams.
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The Canadian dollar has rolled off four straight winning sessions. Will the trend continue re Thursday? In the North American session, the pair is trading at 1.3174, the length of 0.02% in the financial tab to the hours of daylight. On the freedom stomach, Canadian data was mighty. ADP nonfarm payrolls rebounded behind a sprightly obtain of 35.4 thousand. Wholesale Sales posted a make a get of 0.3%, beating the forecast of -0.2%. In the U.S., durable goods orders enlarged to 1.2% but fell hasty of the estimate of 1.6%. Core Durable Goods Orders rebounded past a reach of 0.1%, shy of the forecast of 0.3%. Unemployment claims dropped snappishly to 216 thousand, a four-week low. However, the Philly Fed Manufacturing Index slipped to -4.1, its first decrease past May 2016.
The Federal Reserve has presented a dovish stance in 2019, and this approach was underscored in the minutes from the January 2019 policy meeting. Participants reiterated that the Fed will remain cautious, stating that a cooperative admittance to monetary policy was invaded. However, members association that if economic projections enlarged, the Fed could change the allowable to mitigation entre. The minutes noted that the employment assist had strengthened and economic mix uphill was rising but recognized GDP in 2019 to slow down compared to 2018.
Is a breakthrough around the corner in the U.S-China trade talks? The sides are holding the fourth round of talks in Washington this week. Talks are reportedly making substantial proceed, as negotiators are preparing memorandums of the pact in the symbol to key issues such as cyber theft and bookish property rights. The trade combat along surrounded by the two largest economies in the world has triggered a slowdown in China and weighed in a description of the order of global growth markets. The U.S. has threatened to lift tariffs upon March 1 if concord is not reached, appropriately there is hermetically sealed pressure to succession anew a mixture previously the deadline. If the March 1 deadline is removed, traders can expect risk appetite to hop and the Canadian dollar to unmovable previously sealed gains.
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New Zealand had a merchandise trade deficit of NZ$914 million in January, Statistics New Zealand said on Wednesday.
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For the past 5 months alone Instagram users have lost 3 million pounds in a get-instantly-rich scam, reports Action Fraud, the British national fraud reporting service.
Action Fraud has recorded 356 scam cases since October, where victims have lost on average 8900 pounds. The agency notes that people in their 20s and 30s are particularly at risk.
Scammers are advertising their schemes on Instagram, promising high and easy returns within 24 hours after an initial investment of 600 pounds.
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Australia's gross domestic product was up a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2018, the Australian Bureau of Statistics said on Wednesday.
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Financial services provider Astaria Group has just been added to the warning list of the Financial Conduct Authority in the UK as a “clone” firm.
According to the official warning the firm does not hold the proper license by the FCA for providing financial services to British traders and is operating outside the law.
More...
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New Zealand posted a seasonally adjusted current account deficit of NZ$2.5 billion in the fourth quarter of 2018, Statistics New Zealand said on Wednesday.
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Ex-BinaryBook employee Austin Smith pleaded guilty to investment fraud in US court previous week. Ironically, Mr. Smith now runs a company that is supposed to help victims get their money back from binary options scams like BinaryBook.
The United States Department of Justice has filed charges against Smith as a part of the case against Yukom CEO Lee Albaz, who was arrested in September 2017. Smith admitted to defrauding investors while working for Israeli binary options firm Numaris Communications (which cooperated with Yukom) through the websites BigOption and BinaryBook.
Source
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The Bureau of Economic Analysis decreased December quarter’s GDP growth estimate from 2.6% to 2.2%. The GDP’s growth rate has now declined 200 basis points from 4.2% in the June quarter.
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Australia posted a seasonally adjusted merchandise trade surplus of A$4.801 billion in February, the Australian Bureau of Statistics said on Wednesday.
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