Search Results for: russia
Ruble Storms to 2015 Highs as Exporters Sell Off Foreign Currency
March 25th, 2015
The Russian ruble rose to new 2015 highs on Wednesday, shrugging off a decline in oil prices as Russian exporters continued to sell forex to pay monthly taxes. At 08:00 GMT, the ruble was 0.8 percent stronger against the dollar at 57.22, and 0.6 percent stronger at 62.66 versus the euro. The Russian currency ...
The tiny broker who won on the Swiss Franc shock
March 25th, 2015
Some of the big guys lost on the Swiss franc. Turns out, one of the little guys won. While the likes of Citigroup Inc. and Saxo Bank A/S got stung when Switzerland abruptly let the franc soar in mid-January, ...
Europe shares higher; Tullow Oil up 4%
March 20th, 2015
European equities edged higher in the last trading session of the week, as investors reacted to individual stocks news amid hopes of further accommodative policy by global central banks. Tullow Oil gains The pan-European Euro Stoxx 600 index was slightly higher, ...
Greece to draft new reform plan within days – EU leaders
March 20th, 2015
EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came after marathon talks between Greek PM Alexis Tsipras, German Chancellor ...
Greek PM seeks meeting with top EU leaders as cash crunch deepens
March 17th, 2015
Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week’s EU summit, a Greek official said on Tuesday, as his cash-strapped government scrambles to stave off bankruptcy. As ...
Moscow Exchange launches Chinese Renminbi futures
March 17th, 2015
From 17 March the Moscow Exchange has started trading in a futures contract on the currency pair Chinese Renminbi — Russian rouble The launch has been driven by a substantially increasing Renminbi turnover on the Exchange, growing volume of settlement in the currency between Russia and China as well as newly ...
China and Middle East will drive oil demand: OPEC
March 16th, 2015
Almost half of this year’s oil demand growth is likely to come from China and the Middle East, the Organization of the Petroleum Exporting Countries (OPEC) said Monday. In its monthly report, Opec forecast that global oil demand growth ...
Moscow Exchange announces results for the full year 2014
March 12th, 2015
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the year ended 31 December 2014. Higher volumes on the FX, Equities and Money Markets, as well as increased interest income and fees from ...
Strongest Dollar in 12 Years Sinks Stocks While Oil Slips
March 11th, 2015
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
Moscow Exchange launches USD/CAD and USD/TRL futures
March 3rd, 2015
Moscow Exchange issued a press release today informing that: From 3 March, Moscow Exchange has started trading in futures contracts on U.S. Dollar-Canadian Dollar and U.S. Dollar-Turkish Lira currency pairs. Metallinvestbank, the official market maker, will provide quotes for ...
