Search Results for: financial markets
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
August 20th, 2015
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is ...
HSBC predicts Gold prices will end the year as much as 10 percent higher than current levels
August 17th, 2015
Cheer up, gold bugs: HSBC predicts a year-end recovery The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may contain the seeds of the next rally, according to HSBC. ...
Asia stocks drift as yuan stable for second day
August 14th, 2015
Asian stock markets drifted Friday as China’s currency stabilized for a second day, easing uncertainty about its direction after an unexpected devaluation earlier in the week. KEEPING SCORE: Japan’s Nikkei 225 was down 0.2 percent to 20,520.50 while Hong ...
Bitcoin’s Dark Side Could Get Darker
August 13th, 2015
Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals. Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband ...
The Aftermath of LIBOR and Penny-Shaving Attacks
August 12th, 2015
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as a ringleader of the scandal. Darrell Duffie and Jeremy C. ...
The PBC Spokesman Answered More Press Questions on the RMB Exchange Rate
August 12th, 2015
1. Why does the central parity of RMB exchange rate against US dollar change nearly 1.6% on 12 August from that of 11 August? The central parity of RMB exchange rate against US dollar changed nearly 1.6% (in depreciation ...
Oil Prices Near Six-Year Lows on Oversupply Fears
August 7th, 2015
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s busy summer-driving season comes to a close. Prices have slid ...
ASIC releases enforcement report for the first half of 2015
August 5th, 2015
ASIC today released its enforcement report for the period 1 January 2015 to 30 June 2015 In the last six months, ASIC achieved 323 enforcement outcomes to protect financial consumers and enhance the fairness and efficiency of Australia’s financial ...
Thomson Reuters adds Foreign Exchange Trading Capability into Eikon for Corporate Treasurers
August 4th, 2015
Thomson Reuters integrates FXall QuickTrade into Eikon to provide direct access to FXall liquidity and straight-through processing capabilities Thomson Reuters announced the addition of foreign exchange trading capabilities for corporate treasurers on its flagship financial markets desktop Thomson Reuters ...
Former Libor ‘Ringmaster’ Hayes Gets 14 Years for Libor Rigging
August 4th, 2015
Former UBS Group AG and Citigroup Inc. trader Tom Hayes, the first person to stand trial for manipulating Libor, was sentenced to 14 years in prison after being found guilty of conspiracy to rig the benchmark rate. After a ...
