USDCAD at 3-Week Lows, Gold Shines
Asian stocks finished lower today as U.S President Trump announced that the US will impose a 10.0% tariff on the remaining $300.0bn-worth of Chinese items.
August 2019
Bank Rate maintained at 0.75% – August 2019
Our Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%.
Copom lowers Selic rate to 6.00% p.a.
The Copom unanimously decided to lower the Selic rate to 6.00% p.a.
Warning on Unauthorised Firm – Evolve Cash Limited (Clone)
Central Bank of Ireland, in order to warn public,said that Evolve Cash Limited is not authorised by Central Bank to provide financial services.
EURUSD at 2 Year Lows, Gold Tests 1,400
EURUSD makes 2-year lows at 1.1045, facing the strong support at 1.1031 the yearly low, which if the pair manages to close below will open the way to 1.10.
Norges Bank’s Foreign Exchange Transactions in August 2019
Norges Bank will sell foreign exchange on behalf of the government equivalent to NOK 500 million per day in August 2019.
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement indicating that the labor market is strong and that economic activity has been rising at a moderate rate.
FIA Releases Half-Year Data on Futures and Options Volume Trends
Global trading volume up 11% over first half of 2018. FIA half-year data 2019 report on trading activity in the global exchange-traded derivatives market.
July 2019
Robert A. Cohen, Cyber Unit Chief, to Leave SEC After 15 Years of Service
SEC today announced that Robert A. Cohen, Chief of the Division of Enforcement's Cyber Unit, will be leaving the agency in August after 15 years of service.
Facebook to Pay $100 Million for Misleading Investors About the Risks It Faced From Misuse of User Data
SEC today announced charges against Facebook Inc. for making misleading disclosures regarding the risk of misuse of Facebook user data.
Asian Equities Lower Ahead of Fed
The Nikkei225 ended 0.86 percent lower at 21,521 as the Bank of Japan left its monetary policy unchanged yesterday as expected.
FINRA Fines Citigroup Global Markets Inc. $1.25 Million for Failing to Appropriately Fingerprint or Screen Employees Over Seven-Year Period
FINRA today announced it has fined Citigroup Global Markets Inc.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.