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What are the requirements for opening an offshore account in the UAE?

September 21, 2019 at 11:41 am | Blog | automatedforex -

Nowadays, it is almost impossible to do without banking services. A myriad of accounts to be paid, checks to be written out, money transfers to relatives abroad, various subscriptions made through a bank – in short, close relations with financial institutions have become an essential element of everyday life. Now a bank account serves not

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“What are the requirements for opening an offshore account in the UAE?”

Euro dips to one-week low before ECB meeting

September 4, 2019 at 9:33 pm | Blog | automatedforex -

ECB policymakers are leaning toward a package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates, five sources familiar with the discussion said last week.

What is going on in the market?

September 1, 2019 at 9:17 pm | Blog | automatedforex -

Last week Wednesday was the much-anticipated interest rate decision by the US Fed. The market had become increasingly certain of at least a 0.25% cut and some people event thought a 0.5% cut could be possible.

Investing When Many Pundits Predict a Recession

August 30, 2019 at 8:58 pm | Blog | automatedforex -

News stories have increasingly focused in recent months on the possibility of a global recession. European economic indicators suggest a dramatic slowdown in economic activity, and worries about Brexit have dampened consumer and business sentiment.