Search Results for: traders
FTSE and European markets edge higher ahead despite Asia decline
January 21st, 2016
UK and European stocks wavered early on 21 January before gradually edging into the black, as they successfully shrugged off a disappointing session in Asia, where equity markets fell across the board. Midway through the session, London’s FTSE 100 ...
Saudi Arabia Said to Ban Betting Against Its Currency
January 21st, 2016
Central bank said to give directive at Jan. 18 Riyadh meeting Riyal forwards jump to highest in at least 2 decades in Jan. Pressured by plunging oil prices and costly wars in the Middle East, Saudi Arabia moved to ...
Oil plumbs new lows below $27 as oversupply woes persist
January 21st, 2016
U.S. oil prices crashed below $27 dollars a barrel on Wednesday for the first time since 2003, caught in a broad slump across world financial markets with traders also worried that the crude supply glut could last longer. Oil ...
FTSE 100 index plunges into ‘bear market’ territory as oil price rout wipes another £52bn off top-flight share values
January 21st, 2016
Footsie plunged 203 points or 3.5% to close at 5,673 That means £52bn has been wiped off blue-chip share values today Now more than 20% below April 2015’s 7,103 high – firmly a bear market Panic over oil price after ...
Pound dives as Bank of England rules out rate rise amid weak UK growth
January 20th, 2016
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after he ruled out an early rise in interest rates, saying ...
Japanese Stocks Plunge Into Bear Market as Global Rout Deepens
January 20th, 2016
Energy explorers lead Tokyo slump as oil spiral continues IMF cuts forecast for global economic growth in 2016 and 2017 Japanese stocks plunged into a bear market amid a slump in equities across Asia as investor concerns over the global ...
Oil falls 2-3 percent on surplus worries, as U.S. drops toward $27
January 20th, 2016
Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent toward $27 a barrel and its lowest since 2003, on worries about global oversupply. That came after the International Energy Agency, which ...
Deutsche Bank to Face British Lawsuit Over High-Speed Trading
January 19th, 2016
Deutsche Bank, already troubled by lawsuits and official investigations, faces another challenge. A group of lawyers said on Monday that they planned to sue the company in British court, accusing the bank of using high-speed trading software to profit in foreign ...
Alpari’s Trading Turnover in December Exceeded $92 Billion
January 18th, 2016
Alpari has issued a press release to announce that the trading turnover for December 2015 exceeded $92 billion. Alpari’s December trading turnover saw a MoM rise of 6% to $92.1 billion. This is the best indicator seen for the second ...
CSRC’s regret at flaw in stocks supervision
January 18th, 2016
THE head of China’s market regulator issued an unusual apology on Saturday for volatility in the country’s markets, acknowledging “shortcomings” in the way they have been supervised. “The abnormal fluctuations on the stock exchanges have revealed the immaturity of ...
