News 

Ben Sasse to White House: Stop using border family separation as leverage

“There are other options available to them,” wrote Sasse, although he acknowledged those options might be technically difficult to pull off” reports washingtonexaminer.com. The Trump administration has said federal law requires immigrant children to be separated from their families when they cross into the U.S. outside of a border checkpoint, since officials aren’t allowed to detain children for long. Source: washingtonexaminer.com Share This:

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Kellyanne Conway on White House leaker: ‘I want that person to say it to my face, I really do’

“In the Post report, the White House source discussed President Trump’s thinking behind the hardline approach to immigration” reports washingtonexaminer.com. President Trump is set to meet with the entire Republican caucus on Capitol Hill Tuesday to push the caucus toward passing the two immigration bills in the coming days.White House counselor Kellyanne Conway wants an anonymous Trump administration source to come forward after the individual was cited in a report that said the Trump administration is using the issue of asylum-seeker families being separated at the U.S. border as leverage…

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Markets News 

Wall Street experts are crying foul on an overlooked yet dangerous signal that a market meltdown is near

“A private equity meltdown isn’t his base case, but rather a mounting risk that, in certain scenarios, could come out of nowhere to surprise investors” writes Aol Staff for aol.com. The connective tissue between the arguments made by Harvey and Fredericks is two-fold: they involve private equity firms, and focus on exorbitant leverage.It seems like every time Joseph Harvey opens the Wall Street Journal, he’s presented with a fresh batch of signals that the current market cycle is nearing its conclusion. Source: aol.com Share This:

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News Stocks 

First Data stock gains after BTIG raises price target on debt reduction

“FDC, +0.76% are up 0.5% in Friday trading after BTIG analyst Mark Palmer raised his price target on the stock to $27 from $23” writes Emily Bary for marketwatch.com. “We continue to view deleveraging as the primary driver of shareholder value for FDC in the medium-term as the company’s ample free cash flow should enable it to meet management’s target of reducing its net leverage ratio from 5.8x at March 31, a level more in line with its peers’ leverage ratios,” Palmer wrote. Source: marketwatch.com Share This:

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Brokers News 

Breaking: New European Retail Broker Leverage Rules Kick Off in August

“Today the pan-European financial regulator announced that the measures against binary options and CFDs brokers have been published in the Official Journal of the European Union” reports financemagnates.com. The binary options product will be fully prohibited, while CFDs are going to get restricted for retail investors.In addition, brokers will need to adhere to a 50 percent margin closeout rule and provide negative balance protection. Source: financemagnates.com Share This:

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Triple Crown hopeful Justify’s owners tap Leverage Agency for deals

“The assignment from Winstar Farm horse breeders, to be announced on Thursday, marks the third time the New York agency has served a Triple Crown contender” reports nypost.com. The agency also lined up sponsorships with Skechers and Breathe Right for California Chrome — a popular but unsuccessful contender in 2014.American Pharoah won the three-race trophy in 2015, after Leverage cut high-profile deals with Monster Energy and Wheels Up. Source: nypost.com Share This:

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Brokers News 

New ESMA Regulations: Broker Reliability More Important Than Large Leverage

“Some regulated brokers have raised concerns that the change may push traders to choose offshore brokers offering higher leverage over regulated ones” reports financemagnates.com. Trading with an offshore broker risks the safety of funds and unacceptable tricks that are disadvantageous to the trader such as slippage.There are obvious benefits of trading in a regulated environment that offers protection in case of issues with the broker.Traders should ask themselves if they are willing to take these substantial risks for large leverage that offshore brokers flash.The Forex industry is adapting to the…

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Brokers Crypto Markets News 

Nasdaq Could Become Crypto Exchange

“Nasdaq has announced a partnership with cryptocurrency exchange Gemini that will utilize state-of-the-art surveillance technology to detect possible manipulation and fraud” writes Alan Farley for investopedia.com. Cameron and Tyler Winklevoss own and operate Gemini, with many analysts expecting the collaboration to mark a first step toward Nasdaq providing full-blown crypto offerings.A number of traditional U.S. brokers including E*TRADE, Interactive Brokers and   Lightspeed Trading already offer crypto trading through CME and CBOE bitcoin futures contracts.Nasdaq President and CEO Adena Friedman added to that speculation, saying that the company “would consider becoming a…

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Deutsche Telekom leverage to increase on T-Mobile-Sprint deal

“FRANKFURT (Reuters) – Deutsche Telekom said its leverage would increase beyond its target corridor as a result of the takeover by its unit T-Mobile US of Sprint Corp, but will return to the comfort zone in 2021” writes Reuters Editorial for reuters.com. Deutsche Telekom’s adjusted net debt, as a multiple of its earnings before interest, taxation, depreciation and amortization (EBITDA) will exceed its target corridor of 2-2.5 times following the deal, it said in a statement. “Strong free cash flow generation of T-Mobile US over the coming years is expected…

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