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Banc De Binary Shuts Down Operations Over Regulatory Pressures
Banc De Binary, a major online trading firm dealing with binary options recently announced that it is winding up operations. The Cyprus-registered but Israeli owned company has cited regulatory pressures for its closure. The company allows investors to bet on
Read MoreTrade surplus, firming crude price turn Loonie stronger
Since November 9th , the NZD/CAD pair has fallen from a high of 0.9929 to a low of 0.9204. There are two main reasons for the decline: the victory of Donald Trump in the US Presidential election and the US
Read MoreCivitas Report Suggests £9 billion Needed In Case of Hard Brexit
A report from a UK body known as Civitas has stated that businesses in the country would need governmental assistance to the tune of £9 billion in case a failure in striking a favourable trade deal with the EU post-Brexit.
Read MoreRating upgrade turns Wal-Mart bullish
The stock of the world’s largest retailer Wal-Mart Stores (NYSE: WMT) has hardly moved in the past two months. While the financial markets across the world touched new heights, the stock remained range bound between $68 and $71. The fiscal
Read MoreEuro zone inflation increases 1.1% y-o-y in December
Almost all the social media forums related to financial markets were buzzing about the probability of Euro hitting parity with the US dollar. In fact, several traders anticipated the exchange rate of the Euro to equal the US dollar in
Read MoreChina Further Tightens Scrutiny On Foreign Exchange Transactions
China is taking additional steps to tighten foreign currency outflows from the country as the start of the new year resets individual currency purchase limits within the country. An announcement was made ahead of the new year by the country’s
Read MoreJNJ hit with a lawsuit against hip replacement device
In the second-half of October, the FMCG company Johnson & Johnson (NYSE: JNJ) reported fiscal 2016 third-quarter earnings of $1.68 per share on revenues of $17.8 billion. This compares with earnings of $1.49 per share on revenues of $17.1 billion
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