Swen Lorenz

Zak Mir on Key Indices After The Ukraine Scare

Zak Mir on Key Indices After The Ukraine Scare

1 mins. to read

So far we have been treated to a bear trap rebound for leading equity indices. The issue is whether this is a shakeout ahead of new highs – such as we have seen on the S&P, or this is the beginning of the end of a five year QE fuelled rally? CLICK THE IMAGE ABOVE…

FXCM withholding client profits – just how prevalent is it in the industry?

FXCM withholding client profits – just how prevalent is it in the industry?

3 mins. to read

The well-known foreign exchange trading firm FXCM last week agreed to pay fines and refunds totalling around £10 million to settle allegations that the company, shock horror, withheld profits from clients between 2006 and 2010. In a separate matter, the company failed to inform the British authorities about an impending investigation into its affairs in…

Bitcoin – hopes of the alternate currency acolytes now lay in tatters…

Bitcoin – hopes of the alternate currency acolytes now lay in tatters…

4 mins. to read

At the very inception of the creation of the virtual currency Bitcoin by the mysterious Satoshi Nakamoto, the e-currency was said to have characteristics that could make it a real rival to both gold and an alternative to paper currencies. A new means of payment free from Government intervention and debasement was the hope. With…

OVERNIGHT MARKETS ROUND UP – 05/03/14

OVERNIGHT MARKETS ROUND UP – 05/03/14

0 mins. to read

The global rebound continued overnight during a positive Asian session after Russian President Vladimir Putin said he sees no immediate need to invade Ukraine. With a receding threat of war between Ukraine and Russian, equities have managed to erase all of Monday’s loses. European markets are signalling a slightly softer open with FTSE 100 futures…

OVERNIGHT MARKETS ROUND UP – 04/03/14

OVERNIGHT MARKETS ROUND UP – 04/03/14

0 mins. to read

Global bourses look set to reverse from their significant losses that occurred yesterday as Russia’s apparent ultimatum passes with no action as of yet. With no new headlines breaking on the geopolitical situation, it looks like investors are taking this opportunity to claw back the sleep losses of yesterday’s session with Spreadex calling the FTSE…