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What Is A Forex Cashback Rebate? How To Take Advantage

Forex trading is an excellent way to earn some money on the side or even turn it into your major revenue source provided you are good at it. However, there is always a chance of losing that you could lose

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Global Financial Markets Impacted By US-China Trade War

The trade spat between the United States and China has escalated once again. The latest tit-for-tat between the two countries resumed when President Donald Trump announced that he would be implementing tariffs on $50 billion worth of Chinese trade goods.

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Citibank Agrees To Pay $100m Fine For LIBOR Rate Manipulation

Citibank, one of the world's largest banks has finally agreed to pay a hefty $100 million fine that will be spread across 42 states in America. This is in connection with Citibank’s manipulation of the London Interbank Offered Rate (LIBOR),

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China’s FX Regulator Says Foreign Investors Keen To Hold Yuan Assets

Pan Gongsheng, the director of China's State Administration of Foreign Exchange recently told a financial forum in Shanghai that foreign investors were now more willing to hold their yuan and yuan-denominated assets. This is a sign of increasing confidence in

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Foreign Investors To Find It Easier To Move Money Out Of China

China recently tweaked its qualified foreign institutional investor program (QFII). This is an old and underused channel that used to be the only way foreign investors could use to buy Chinese stocks and bonds. The rule change was posted on

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India’s Currency Market Intervention Reaches 18 Month High In April

The Reserve Bank of India (RBI) went all out in April to ensure that the rupee's would not slide any further. The RBI sold a total of $6 billion in debt, the highest amount sold since November 2016. This was

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Filipino Call Center Busted For Running Stock Market Scam

In a recent raid on a call center in the Pampanga's Clark Freeport Zone, the Philippine National Police arrested more than 482 people including 8 Israeli Nationals for running a stock market scam that had victims from all over the

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How Forex Traders Can Use The PMI To Their Advantage

There’s a lot of news in recent times circulating about PMI and its influence on the forex market. However, if you are new to the world of forex or just reading through, you might not understand what the fuss is

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FCA Warns Of Cloned Primus Forex Financial Group Offerings

The UK Financial Conduct Authority (FCA) has released a warning about Primus Forex Financial Group that is targeting unsuspecting citizens with multiple financial offerings. The FCA states that this rogue company is using the information of an authorized firm to

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PBOC Promises Stricter Regulations On Online Forex Market

Chinese authorities are looking to roll out new measures that will result in a stricter regime for forex trading platforms. An official from the People’s Bank of China (PBOC) recently opened up on how local authorities are paying more attention

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