News 

Analysis: Exploring the financial ramifications of the reported waiving of Malik McDowell

“That leads to the obvious question of what the financial ramifications of his waiving could be for Seattle” writes Seattle Times Staff for seattletimes.com. Corry assumes he has, saying bonus money is typically paid out in installments over the course of the calendar year in which a player is drafted.Seattle would get cap relief for any bonus money returned. Source: seattletimes.com Share This:

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GBP News 

The pound is the ‘darling of the currency world’ right now — and it’s only going to get better

“Another factor helping the pound be a currency darling right now, is its traditionally strong performance in the month of April” writes Will Martin for businessinsider.com. LONDON — The pound is the “darling of the currency world” right now as it finds a sweet spot during a lull in developments over Brexit, and benefits from continued weakness in the dollar.The pound has traditionally performed well in April, regardless of both the political and economic situations in the UK and globally.That data driven trading means that the next week or so…

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Crypto News Platforms 

Mobile Gaming Platform ALAX Expands Into Asia

“ALAX is a Mobile Game Distribution Platform, based on blockchain technology, which is set to transform the gaming industry around the world” reports livebitcoinnews.com. As part of the partnership, ALAX’s platform comes preinstalled on Gionee’s new smartphones, with older models moving to the ALAX platform in line with regular updates.Hong Kong, 10 April 2018 – ALAX, a global mobile game distribution platform which enables game developers to access over a hundred million users, is solidifying its commitment to Asia. The ALAX partnerships means DECENT’s proprietary blockchain technology will be immediately rolled out…

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Rand’s reverse analysis!

“Trump gave the U.S. Congress 60 days to improve or to abandon the nuclear deal, but Congress did not take any of these measures. 4” reports tehrantimes.com. Third, analysts of the Rand Institute have emphasized that there should not be much to maneuver on Iran’s commitment to the nuclear deal!. Hence, the European Union’s move to add clauses to the nuclear deal means the breach of the principles of the nuclear accord.The Islamic Republic of Iran has repeatedly announced its official position that it’s not prepared to resume talks, and…

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Analysis: New ESMA Regulations Likely to Reshape the Industry as We Know It

“Straight-Through Processing (STP) is a different mode of operation for the retail brokerage industry” reports financemagnates.com. Unregulated brokers that have plagued the forex and CFDs trading industry along with binary options brokers have prompted a drastic response on the behalf of the supranational EU-wide industry watchdog.Just in case you don’t know yet, on Tuesday the European Securities and Markets Authority (ESMA) published its verdict on the conduct of brokers in the industry. Source: financemagnates.com Share This:

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News 

Air Force May Need to Cut a Third of F-35 Fleet

“That said, the analysis determined that the Air Force will face roughly $3.8 billion in annual upkeep costs for the F-35 fleet if cost-saving measures cannot be found” writes Jay Bennett for popularmechanics.com. The Air Force analysis stated that the service has “very limited visibility into how” the money going to Lockheed for operational support is spent. Source: popularmechanics.com Share This:

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Medicaid-covered opioid abuse treatments skyrocket

“Urban looked at federal data for Medicaid prescriptions for the addiction treatments buprenorphine and naltrexone” writes Ap Photo John for washingtonexaminer.com. Medicaid coverage for opioid addiction treatments exploded by 183 percent from 2011 to 2017 in the U.S., a new analysis finds.The analysis from the left-leaning think tank Urban Institute released Tuesday shows more money is needed for treatment options to tackle the opioid epidemic. Source: washingtonexaminer.com Share This:

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GOP tax overhaul will cut taxes for two-thirds of households this year: Analysis

“The new tax law will directly cut the taxes of nearly two-thirds of households this year, according to a released Wednesday by the nonprofit Tax Policy Center” writes J Scott Applewhite for washingtonexaminer.com. The report finds the law will cut taxes by $1,260 on average, or slightly less than 2 percent of income.Those numbers relate just to what people will pay on their individual taxes.For those outside the 1 percent, though, there won’t be too much difference between states in the benefit of the tax cuts.The finding is important because…

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Elliott wave Analysis: EURGBP Can Be at Resistance; More Weakness in View

“Now, if the price trades as expected, then a new turn lower can be just around the corner for the EURGBP pair, however, we need an impulsive drop down to confirm our expected bearish look” writes Gregor Horvat for forexcrunch.com. This correction, labelled as a-b-c can be slowly ending, if we consider that a correction needs only three-waves for a completion and that we also see the price trading near some interesting resistance and reversal zones. Source: forexcrunch.com Share This:

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