As the vote for Scotland’s independence gets closer to a finish, smart traders take advantage of the situation. By Friday morning the results of the vote will be known in what may be remembered as an historical moment.

Although no one knows for sure how the vote will end, this is a great time for traders to try and make some money on the pound.

If you think the vote will end in a “yes” and Scotland will be independent, you should expect the pound to drop. If you think the result will be “no” and Scotland will remain under the U.K, you should expect the pound to rise.

It’s also important to mention that the oil prices may be affected by the vote since Scotland has their own private oil resources.

Making the right decision can produce a big profit, so you should see a lot of trading going on in the next 24 hours.

Tell us what you think will happen in the comment below!

 

After a long wait, iOS 8 is finally launching today. According to Apple, iOS will be available to download today (September’s 17) at 1pm Eastern Time in the US, which is 6pm in the UK.

What are the advantages of upgrading to iOS 8? There are a lot of new features that are available by upgrading to iOS 8. Here are some of them:

  • Voice messages.
  • Family Sharing.
  • Health and HealthKit.
  • Widgets.
  • New typing features (whole-word predictive typing and third-party keyboards).
  • Third-party implementations of Touch ID (although obviously this only applies to you if you're on an iPhone 5s, iPhone 6 or iPhone 6 Plus).

For you traders out there, the Touch ID feature can now be used with third-party apps. For example, e-commerce apps would be able to use fingerprint authentication for extra safety.

What are the disadvantages of upgrading? Basically, the device might work slower if you have an old device like iPhone 4 or iPad 2. This happened with iOS 7 and it may happen again with the iOS 8.

Keep your eye on the Apple share today, which may rise if the launch is successful or fall if there will be serious problems.

 

 

In 2 days, on September's 19th, you will be able to buy the shares of the huge Chinese company - Alibaba. Should you do it? Although Alibaba seems like it's going to be a major success, here are 5 things you should know before buying:

  1. Ownership. Alibaba is mostly controlled by it's board of directors. Regular share holders will have almost no influence, which is unusual and might be a problem later on.

  2. Fake Merchandise. Unlike Amazon, Alibaba doesn't own it's merchandise, it just connect between buyers and sellers. This caused some people to sell fake merchandise and it doesn't seem like Alibaba can find all of them to take them down.

  3. Conflict of Interest. Alibaba relies on a lot of different companies in order to make it work. For example, Alipay, the company that's in charge of Alibaba's payment system, isn't owned by Alibaba. That can be a real problem at some point if a conflict of interest will occour. 



  4. Unwise Purchases. Alibaba has made some very questionable purchases in the past, spending a lot of money buying companies that the investors don't like.

  5. You don't really buy Alibaba shares. To bypass some Chinese rules, Alibaba has made an arrangement with another company, which means that you don't buy share of Alibaba, but of the other company instead. The Chinese courts didn't approve this yet and it might become a problem in the future.

Look out for Yahoo, who owns %24 of Alibaba, which may see their share rise on September's 19th - the date of Alibaba's IPO (Initial public offering).

 

 

While most major currencies went down on Wednesday, the dollar actually climbed. The reason is The Fed's Open Market Committee (FOMC) that will conclude its regular two-day policy meeting later in the session.

The dollar came under pressure late on Tuesday after the Wall Street Journal's statement about the U.S. central bank actions.

"There has been some scaling back of expectations, but we are still bullish about the dollar going into the FOMC," said Yujiro Goto, currency strategist at Nomura. "We expect the Fed to start raising rates from next year onwards and there will be changes to outlook to growth, inflation the dots for interest rate changes."

 

 

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