August 2019
Opening statement by Mr Philip Lowe, Governor of the Reserve Bank of Australia, to the House of Representatives Standing Committee on Economics, Canberra, 9 August 2019.
Financial services remarks by Mr Zahid, Assistant Governor ,Central Bank of Malaysia , at the Malaysian E-Payments Excellence Awards (MEEA) 2019.
Gold retreats and trades lower at 1,491, keeping the bullish momentum as the price holds above all the major daily moving averages.
Finclear Execution Limited (Finclear) has paid a penalty of $70,000 to comply with an infringement notice given by the Markets Disciplinary Panel (the MDP).
National Futures Association, futures industry SRO, cited a swap dealer division of Wells Fargo Division recently and ordered that dealer to pay $2,500,000.
FINRA Spells Out Extraordinary Cooperation. FINRA, the Financial Industry Regulatory Authority, would like its member firms.
GBPUSD trades under pressure 0.36% lower at 1.2088. Major support now stands at 1.2078 which if broken might accelerate the slide further towards 1.2050.
The Official Cash Rate (OCR) is reduced to 1.0 percent and its necessary to continue to meet its employment and inflation objectives.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.
