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This is a discussion on Next Week News within the Analytics and News forums, part of the Trading Forum category; For the first 10 months of the year Australians have lost more than 35,8 million USD to financial scammers, the ...

          
   
  1. #191
    Member mlawson71's Avatar
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    For the first 10 months of the year Australians have lost more than 35,8 million USD to financial scammers, the latest report by Scamwatch, the Australian Cybercrime Online Reporting Network operated by the Australian Competition and Consumer Commission (ACCC), reveals.

    Since the beginning of the year the scam reports filed by Australian victims reached 2 934 and the reported losses are in the amount of 35,853,001 USD.

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  2. #192
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    Fed Chairman Powell: Interest Rates Currently "Just Below" Neutral

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    In a highly anticipated speech before the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell described the current level of interest rates as "just below" neutral following a series of rate hikes this year.

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  3. #193
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    What To Expect From The Fed In 2019

    The Fed's actions in 2019 are likely to be influence by the path of the Chinese economy and U.S. housing. Further rate hikes seem the most likely outcome if the economy stays on track.

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  4. #194
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    Australia GDP Expands 0.3% In Q3

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    Australia's gross domestic product added a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Wednesday.

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  5. #195
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    Outlook 2019: Market Gives Brazil Til June

    Investors from London to New York all like Brazil under Bolsonaro. They give him six months max to fix the public pension system.

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  6. #196
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    The UK Financial Conduct Authority (FCA) has proposed permanent ban on binary options, as well as permanent restriction on the sale, marketing and distribution of contracts for difference (CFDs) and similar products to retail investors.

    In fact, the FCA is suggesting to make the measures introduced by the European Securities and Markets Authority (ESMA) permanent in the UK.

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  7. #197
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    No One Ever Said Brexit Was Going to Be Easy

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    As I see it, there are three main options: 1) leave the EU without a deal (the “hard” Brexit); 2) halt the entire Brexit process, leaving open the possibility of another referendum; and 3) go back to the drawing board and renegotiate. By any measure, a hard Brexit would be disastrous.

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  8. #198
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    In an attempt to stem money laundering De Nederlandsche Bank plans to regulate all companies dealing with crypto coins, by requiring them to get a special license. The measure is aimed to deter money laundering and possible funding of terrorist activities.

    Under the proposed legislation all companies that want to get a license will have to report all unusual cryto transactions to the authorities and to know exactly who their clients are.

    The Dutch Central Bank says the new policy is necessary, because the crypto market is highly decentralized and with a high degree of anonymity, which makes it a perfect tool for money laundering.

    Also the measure is in line with a new European directive – the fifth Anti-Money Laundering Directive, which is the first piece of European law that specifically mentions the crypto currencies.

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