OPEC+ talks said to narrow range of potential oil output cut to 0.5 to 1.0 mil bpd 0 (0)

<p style=““ class=“text-align-justify“>Just a heads up that the meeting will take place on 5 October next week. And in all likelihood, the bloc is likely to lean towards a 1 mil bpd cut in production – at least that was the number floated around over the past week or so among OPEC+ watchers.</p>

This article was written by Justin Low at forexlive.com.

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Dollar creeps higher as market moves are scattered 0 (0)

<p style=““ class=“text-align-justify“>The dollar is gaining modest ground on the day now as it sits higher against almost all major currencies, with only the yen keeping pace against the greenback. That is more of an exception as USD/JPY continues to keep below 145.00 amid intervention fears by Japanese authorities again.</p><p style=““ class=“text-align-justify“>The pound has slipped to a low of 1.1077, down from a high of around 1.1235 earlier, as the volatile swings continue and after the OBR was not asked to alter the timeline of its fiscal forecasts – which will be published on 23 November.</p><p style=““ class=“text-align-justify“>Elsewhere, EUR/USD is down 0.5% to 0.9763 while USD/CAD is up 0.2% to 1.3710 currently. The antipodeans are marked lower with AUD/USD down 0.4% to 0.6475 and NZD/USD down 0.6% to 0.5685 on the day.</p><p style=““ class=“text-align-justify“>The push higher in the dollar comes after a choppy period in European trading earlier but also against the backdrop of mixed market moves with month-end and quarter-end in focus.</p><p style=““ class=“text-align-justify“>Equities are holding higher with S&P 500 futures up 23 points, or 0.6%, on the day while 10-year Treasury yields are down 6 bps to 3.686% currently. This sort of scattered conviction screams flow-based movement and we might not get a clear read on things until next week when the new week/month/quarter begins.</p>

This article was written by Justin Low at forexlive.com.

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Registering a non-regulated Forex-company 0 (0)

<p class=“MsoNormal“>In the present article, the <a target=“_blank“ href=“https://www.utip.org/“ target=“_blank“>UTIP Technologies</a> specialists pointed out the
advantages of working without license for forex brokers and common
non-regulated jurisdictions.</p><p>Why registering a forex-company in unregulated areas is worthy?</p><p class=“MsoNormal“>Non-regulated
jurisdictions, also known as offshore zones, are popular because of low or zero
taxation and various perks. Unregulated brokers are free from making a number
of procedures, providing financial reports and doing other activities.
Meanwhile, their licensed colleagues are required to perform it regularly. </p><p class=“MsoNormal“>As
an example, regulatory authorities underway monitoring procedures in the
offshore jurisdictions. But an unregulated broker is immune to it.</p><p class=“MsoNormal“>Benefits of selecting an offshore jurisdiction for company registration:</p><ul><li>A low-priced company registration;</li></ul><ul><li>Coherent procedure for opening a company and further
maintenance;</li><li>A
completely remote registration process, no cost of visiting the country,
maintaining the office and its staff;</li><li>A
minimum set of documents for registration;</li><li>1-month
company registration period.</li></ul><p>Unregulated jurisdiction is the most favorable option
for novice brokers. The reason is that a new entrant can make the most of money
saved on the license. For example, to invest in high-quality lead flow, connect
several payment solutions including a cashier one etc. </p><p>The most common non-regulated
jurisdictions</p><p class=“MsoNormal“>SVG. Saint Vincent and the Grenadines
is one of the most popular countries for conducting Forex activities without a
license. An island nation in the Caribbean Sea. We have already mentioned
that there are many large forex-brokers working there.</p><p class=“MsoNormal“>MI. The Marshall Islands have
no local forex trading regulatory bodies either. This is an island state washed
by the Pacific Ocean. </p><p class=“MsoNormal“>Differences between SVG and MI:</p><ul><li>Price and time: cheaper but longer to register a
company on SVG.</li></ul><ul><li>Set of documents for registration: fewer documents are
required on MI.</li></ul><p class=“MsoNormal“>Needless to say, an
offshore registration has its pros and cons. </p><p class=“MsoNormal“>One of the main advantages the
brokers find offshore jurisdictions cost-efficient, is the taxation system.
Minimal taxes or their absence let companies significantly reduce operating
expenditures. </p><p class=“MsoNormal“>None the less, brokers
should be aware of required professional knowledge and Forex market-experience
for working in the offshore jurisdictions. We are always ready to assist in
registering a company in the offshore jurisdictions. </p><p class=“MsoNormal“>If the question of
registering a company on SVG or MI is relevant to you, we are pleased to give
you a more detailed information. </p><p class=“MsoNormal“> Follow the <a target=“_blank“ href=“https://www.utip.org/#send-message“ target=“_blank“>UTIP website</a> to get more information
about these and other special offers.</p>

This article was written by ForexLive at forexlive.com.

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UK OBR says will set out timetable for forecasts next week 0 (0)

<ul><li>Talked about economic, fiscal outlook</li><li style=““ class=“text-align-justify“>Our forecasts will be based on independent judgment about economic, fiscal prospects</li></ul><p style=““ class=“text-align-justify“>As expected, there is no change to the government’s policy. As such, the forecasts and fiscal statement in November will end up being the next point of scrutiny for the gilts market when the time comes.</p>

This article was written by Justin Low at forexlive.com.

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