Josina Kamerling, head of regulatory outreach at CFA Institute for the Europe, Middle East, and Africa region, reports on EU policy issues. The podcast covers the May European Parliament election results, including commentary on the related protest movement (in response to the recent financial, social, and economic crisis) and resulting rise of Euroscepticism. For more information on these topics, listen to parts one and two of this podcast series:
Critics of the European Securities and Markets Authority's partial restrictions on binary options trading say the regulator should have gone further and banned the activity. Instead, ESMA has extended restrictions imposed in July for three months and has permitted trading to continue in certain circumstances. FXStreet (20 Sep.)
A broad stock rally has driven the S&P 500 and the Dow Jones Industrial Average to record highs and the Nasdaq composite to within 1.3% of an all-time high. Investors shrugged off concerns about rising trade tensions with China and instead focused on weeks of steadily improving US economic data. MarketWatch (20 Sep.)
Turkey will slash public spending to reduce its deficit and to get inflation under control, Finance Minister Berat Albayrak says. Measures to prevent economic problems from turning into a crisis will reduce economic growth this year and next year, he says. Deutsche Welle (Germany) (20 Sep.)
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