Search Results for: SIX
Gold demand falls in Q2 2015
August 13th, 2015
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% ...
Oil wars: OPEC is winning
August 13th, 2015
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is set to slow dramatically next year and slip into its ...
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 ...
E-conveyancing among legal industry’s biggest IT concerns
August 12th, 2015
Sixty per cent of firms are planning to adopt a digital platform for conveyancing, Property Exchange Australia (PEXA), in the next two years, a new survey indicates. Legal software company GlobalX Legal Solutions recently conducted a survey of over ...
IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High
August 12th, 2015
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories will expand further even as consumption climbs by the most ...
Oil price slumps to lowest level in more than 6 years
August 12th, 2015
The price of U.S. crude oil has tumbled to its lowest level in more than six years. Benchmark U.S. crude fell $1.88, or 4 percent, to settle at $43.08 a barrel in New York on Tuesday, its lowest close ...
Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention
August 10th, 2015
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month low. “The central bank is doing a lot to strengthen ...
China About To Make History — Again
August 10th, 2015
Any discussion of China has to open with the now-widely-understood fact that the numbers it reports are not to be trusted. Knowing this makes it easy to dismiss claims of high and consistently-on-target GDP growth, for instance, as a ...
ASIC bans former representative of Macquarie Equities Limited
August 10th, 2015
ASIC has banned Mr Shawn Hickman, of Middle Cove, New South Wales, from providing financial services for six years after he engaged in unauthorised discretionary trading on his clients’ accounts and created false records. Mr Hickman was a representative ...
Algorithmic Trading: The Play-at-Home Version
August 10th, 2015
Building computer trading models has become the latest DIY craze After more than 100 hours of coding over three months, Mike Soule was finally ready to switch on his project. He didn’t know what to expect. If things went ...
