PM sets up anti-tax dodging task force

The government is to set up a new task force to investigate allegations of tax-dodging and money-laundering made in the Panama Papers, PM David Cameron says. Related Posts:EUR/USD: trading plan for the US session on October 25th… October 25, 2023 In my morning forecast, I drew attention to the level…

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PM releases tax returns data amid row

David Cameron reveals he paid almost £76,000 in income tax in 2014-15, as he publishes a summary of tax returns information going back six years following a row over his financial affairs. Related Posts:US CPI data unlikely to ease sticky inflation worries, but… April 8, 2024 US CPI inflation expected to have ticked up in […]

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Hammond urges China minister over steel

Foreign Secretary Philip Hammond discusses the issue of over-capacity in steel production with his Chinese counterpart in Beijing. Related Posts:Weekly Forex Outlook: 12/01/2024 – China GDP and December… January 12, 2024 China reports Q4 GDP data on Wednesday; is a rebound…EUR/USD. Traders exercise caution. Focus on China’s GDP and… October 19, 2023 The EUR/USD pair […]

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Mossack Fonseca raided in El Salvador

Authorities in El Salvador raid the offices of the Panama law firm at the centre of a massive data leak, the attorney general’s office says.

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VIDEO: The yacht with its own bar and lift

The BBC’s Leisha Chi reports from the Singapore Yacht Show and tours a mega yacht so plush, it even has its own lift. Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Video market update for April 05, 2024 April 7, 2024 Potential for […]

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Labour: PM losing trust over shares row

Labour says David Cameron’s admission he owned shares in an offshore fund set up by his late father has undermined trust in him and he must be “straight” with people. Related Posts:The US dollar is losing momentum for further growth.… November 7, 2023 The latest CFTC report remained almost unchanged in terms of…

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Libor accused says he was obeying boss

A former Barclays banker accused of manipulating Libor, a key benchmark interest rate only did what he was told to do by his boss without realising it was wrong, a court has heard.

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Romania sells ex-dictator’s luxuries

Romania sells off more luxuries from the vast collection of communist dictator Nicolae Ceausescu and his wife, executed in 1989.

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Investors approve Marriott Starwood deal

Shareholders of both Marriott and Starwood Hotels – owner of the Sheraton and W brand hotels – approve the tie-up of the two hotel chains. Related Posts:Market Comment – Investors lock gaze on US NFP data November 3, 2023 Dollar slides as Fed pours more cold water on hike…Will Alphabet’s earnings tempt investors to buy […]

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Oil surge sends FTSE 100 higher

London’s leading share index closes up more than 1%, with oil firms getting a boost from rising crude prices. Related Posts:Technical Analysis – USDCAD ticks higher within ascending… April 7, 2024 USDCAD bounces off 200-day SMA MACD and RSI are still…Disney to report higher earnings but will its shakeup plan… November 7, 2023 Walt Disney […]

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Tata windfall from carbon permits

Tata Steel is refusing to comment on claims it has made £700m windfall profits from a policy designed to protect the climate.

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Sam Woods appointed as new PRA chief

Sam Woods is appointed as a Bank of England deputy governor and head of the Prudential Regulatory Authority, which oversees the banking sector. Related Posts:Technical Analysis – GBPUSD is not out of the woods yet October 16, 2023 GBPUSD bears take a breather near a key support line…

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Could Trump really save the US $19tn?

Could Trump wipe out US government debt in eight years? Related Posts:The dollar has laid out its trump cards, it’s now the euro’s… April 8, 2024 Tug of war. This is what the doves and hawks…What will save the yen? October 26, 2023 The higher the USD/JPY quotes rise, the more often the…

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Weak industrial data raises growth fears

UK industrial output fell 0.5% in February from a year earlier, official figures show, the biggest decline since August 2013. Related Posts:US CPI data unlikely to ease sticky inflation worries, but… April 8, 2024 US CPI inflation expected to have ticked up in March…Behind the scenes of Wall Street’s rise: the impact of… April 8, […]

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VIDEO: How Tata made millions from EU permits

Tata Steel made hundreds of millions of pounds selling carbon emissions permits given for free under a European Union emissions trading scheme, experts say. Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Video market update for April 05, 2024 April 7, 2024 Potential […]

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VIDEO: ‘We don’t know when the rain will come’

Much of southern and eastern Africa is currently in the grip of a devastating drought due to the effects of El Nino. Related Posts:Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. The material has…Video market update for April 05, 2024 April 7, 2024 Potential for the […]

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Bank of England fines QIB’s UK arm £1.4m

The Bank of England imposes a fine of £1.385m on Qatar Islamic Bank’s UK arm, QIB (UK), for failing to meet “some of the most basic regulatory standards”. Related Posts:Weekly Forex Outlook: 22/03/2024 – Markets quiet down after… March 22, 2024 Dollar recovers after Fed selloff, turns to PCE inflation. Yen…Weekly Forex Outlook: 08/12/2023 – […]

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Fast Retailing drags down Japan markets

Japan’s Fast Retailing, owner of Uniqlo, drags down the benchmark Nikkei 225 index after announcing a 45% drop in its earnings forecast. Related Posts:US CPI data unlikely to ease sticky inflation worries, but… April 8, 2024 US CPI inflation expected to have ticked up in March…Can Q1 earnings season refuel the equity market rally? –… […]

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Bonmarche shares drop on retail caution

Women’s fashion chain Bonmarche’s shares fall 10% in early trading after becoming the latest retailer to warn conditions are “challenging”. Related Posts:Outlook for EUR/USD on November 6. COT report. Unexpected… November 6, 2023 Analysis of EUR/USD 5M EUR/USD continued to push higher on…Technical Analysis – GBPUSD trapped within caution zone November 2, 2023 GBPUSD cannot […]

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Scunthorpe steelworks deal nears

A deal to save Tata Steel’s Scunthorpe plant could be signed as soon as Monday, the BBC understands.

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Panama Papers: How Jersey-based oil firm avoided taxes in Uganda

How a UK firm tried to avoid taxes in Uganda Related Posts:Weekly forecast based on simplified wave analysis of… April 8, 2024 GBP/USDAnalysis:Since July last year, the main direction of price movement…Weekly forecast based on simplified wave analysis of… April 8, 2024 EUR/USDAnalysis:On the chart of the European currency, the direction of…eekly forecast based on […]

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VIDEO: Luxury boat builders target Asia’s rich

Luxury boat-makers are hoping for new customers in Asia. Leisha Chi reports from the Singapore Yacht show. Related Posts:Bitcoin: Target for this bull cycle is $300,000 April 8, 2024 The Bitcoin exchange rate has significantly strengthened after a series…Video market update for April 08, 2024 April 8, 2024 Potential for the breakout on the USD/JPY…. […]

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How old banks are learning from a new breed of tech start-ups

How old banks are learning from a new breed of tech start-ups Related Posts:RBNZ may start laying groundwork for a rate cut – Preview April 7, 2024 A dovish shift seems to be underway at the Reserve…Weekly Forex Outlook: 15/03/2024 – Five central banks: who… March 15, 2024 Fed meets on Wednesday with focus on […]

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Senate cannot stop shrinking plane seats

Legislation that would have set minimum standards for passenger space aboard commercial aeroplanes fails to pass in the US Senate. Related Posts:Market Enigma: Why does the growth of tech giants not stop… October 30, 2023 The U.S. Commerce Department report indicates a rise in core…Overview of the EUR/USD pair. October 18th. The Fed puts a… […]

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Cameron had stake in father’s trust

Prime Minister David Cameron says he and his wife owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010.

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