Search Results for: Federal Reserve
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Europe stocks set for muted open as Yellen Jackson Hole speech, oil prices in focus
August 22nd, 2016
European markets are expected to open flat on Monday as investors hope that the U.S. Federal Reserve’s Jackson Hole meeting this week will produce some hints about the timing of an interest rate hike. London’s FTSE 100 is seen 2 points ...
Accounting Watchdog Says Most Brokerage-Firm Audits Need to Improve
August 19th, 2016
Federal inspectors found deficiencies in more than three-quarters of the audits of broker-dealers they reviewed last year, down from the previous year but still at a high level, the government’s audit-industry regulator said Thursday. The Public Company Accounting Oversight Board ...
Dollar Weakens on Fed Outlook as Emerging-Market Shares Advance
August 18th, 2016
Yen breaks 100 after Fed minutes as jobs data boosts Aussie Mongolia’s tugrik stabilizes after interest rate hiked to 15% Emerging-market shares rallied with European stock index futures and the dollar fell versus all of its major peers after minutes ...
European stocks choppy as investors await Fed minutes
August 17th, 2016
European stocks were lower on Wednesday after initially opening higher, as investors remain cautious ahead of the closely-watched release of the U.S. Federal Reserve’s latest minutes. The pan-European STOXX 600 was down 0.5 percent, with all sectors in the red, with ...
Goldman Sachs to pay a $36.3 million penalty
August 8th, 2016
The Federal Reserve Board on Wednesday ordered Goldman Sachs Group to pay a $36.3 million civil money penalty for its unauthorized use and disclosure of confidential supervisory information and to implement an enhanced program to ensure the proper use ...
Yen Jumps on BOJ Decision as Japanese Bonds Sink; Gold Climbs
July 29th, 2016
Kuroda expands ETF purchase target, leaving policy rate steady BOJ release will be followed by Europe stress tests, U.S. GDP The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen ...
Europe eyes higher open ahead of Fed decision
July 27th, 2016
European stocks are expected to open higher on Wednesday ahead of the latest monetary policy decision from the U.S. Federal Reserve. The London FTSE index is expected to open 14 points higher at 6,738, the German DAX up 62 points at 10,310 and ...
Nigeria: Attracting foreign investors to the forex market
July 25th, 2016
Feelers from last week’s foreign investment road-show by Central Bank of Nigeria (CBN) indicated that Nigeria’s finances and the economy as a whole may be headed to its worst external sector positions. The foreign investors have told the apex ...
Asian Stocks Extend Rally on China Data as Yen Drops With Gold
July 15th, 2016
Japan’s currency set for biggest weekly drop in 17 years China’s economic growth stabilized in second quarter Asian stocks rose for a fifth day and South Korea’s won strengthened as Chinese economic data beat estimates amid an upbeat start ...
