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Next Week News

This is a discussion on Next Week News within the Analytics and News forums, part of the Trading Forum category; A revoking of article 50 now seems in the cards for this Friday, when the EU refuse to extend the ...

          
   
  1. #211
    Senior Member FXstreet's Avatar
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    Is The U.K. Heading For No-Deal Brexit Or No Brexit At All?

    A revoking of article 50 now seems in the cards for this Friday, when the EU refuse to extend the article 50 period.

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  2. #212
    Senior Member mlawson71's Avatar
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    The police in Singapore has arrested two men for using multi-level marketing schemes to promote OneCoin – a scam cryptocurrency, founded in 2014 by Ruja Ignatova, also known as the Cryptoqueen.

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  3. #213
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    Trade War Forecasts: Past, Present, and Future

    We have long forecast that the U.S.-China trade dispute -- particularly the countries' escalating technology-related "cold war" and associated battles over technology transfers, investment screens and intellectual property-- would grind on well into 2020, with or without a negotiated trade deal between Washington and Beijing. That said, in late January we also predicted that the two sides would come to an accommodation on tariffs in Q2 2019. Clearly, the Trump administration's 10 May implementation of 25% tariffs on $200bn of Chinese imports (and the pending threat to impose tariffs on the U.S.'s remaining $325bn of Chinese imports) calls the latter prediction into doubt.

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  4. #214
    Senior Member mlawson71's Avatar
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    Last October the Reserve Bank of Australia (RBA) set in circulation more than 46 million $50 currency notes with an insignificant misspell, but monumental in sheer scope. The value of the misprinted notes is said to be over $2.3 billion AUD, or $1.58 billion USD. Never before has a spelling mistake costed more than now. This is the first time in the history of the RBA that a monetary bill has been issued for public circulation with a misprint, that reoccurs not once but thrice on each of the 46 million bills.

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  5. #215
    Senior Member mlawson71's Avatar
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    It seems that authorities in Indonesia have decided to tighten forex trading platform rules. The Central Bank of Indonesia (BI) will limit foreign forex brokers to less than 50%, and will also impose certain capital adequacy rules.

    The executive director of financial market at BI said that the maximum foreign ownership for any company that provides electronic forex trading platforms will be set at 49 percent as of October 31, 2019. The official also stated that such firms have to operate as limited liability entities in the country, maintain minimum equity of 10 billion rupiahs (or around USD 700 000) and have a paid-up capital of at least 30 billion rupiahs when establishing the company.

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