DAX: Clinging to the 23 per cent Fibonacci retracement support level and the trend line since Christmas. Chart/Levels from Analyst, Nicole Elliott – Investors Chronicle.

 

WhatsApp targeted this month Phones turn into spyware

Your mobile phone rings, you don’t pick up the call. Nevertheless, it’s already been infected with Israeli-made surveillance software that uses listening devices, trawls data, the camera, video and GPS positioning. The Financial Times reports that this malicious attack was developed by the NSO Group, a company with clients which include intelligence agencies worldwide. WhatsApp has been working around the clock since Friday to issue a patch for its customers, fix its servers, and assess how many devices have been affected.

For the first time ever, the US Securities and Exchange Commission has approved an exchange traded fund that charges no annual fees but instead pays into funds handled to the tune of 0.05 per cent annually. Salt Financial, a New York based fund manager, has launched a negative fee Salt Low Tru Beta ETF, waiving the 0.29 per cent fee until at least April 2020, contributing 0.05 per cent of funds average daily net assets until it reaches $100 million.

Financial Markets and Political Commentary
 

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