Search Results for: interest rates
Commodities: Gold sinks ahead of Fed meeting
March 18th, 2015
Gold prices receded to a four-year low ahead of the Federal Reserve meeting as investors buckled under expectations the policy-making committee will prepare markets with a hike in interest rates. Gold futures for April delivery fell 0.4% to $1,148.20 ...
Asia stocks advance before Fed, dollar treads water
March 18th, 2015
Asian stocks shook off a slow start and rose on Wednesday, led by China shares, while the dollar marked time as markets waited for the Federal Reserve‘s policy statement for clues to when U.S. interest rates will rise. Following Asia’s lead, ...
Bank of Japan: Statement on Monetary Policy
March 17th, 2015
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank of Japan will ...
Asia stocks jump as Fed rate hike expectations shift again
March 17th, 2015
Asian stocks markets jumped Tuesday as investors cheered the prospect of stimulus in China and second guessed what signals the Federal Reserve will give on interest rates at its policy meeting this week. KEEPING SCORE: Japan’s Nikkei 225 rose ...
Sorry But This Is Not 1997 for the Market
March 16th, 2015
Several months ago I wrote of how super bull markets that last nine or ten years have been once in a generation situations, the last ones being those of the 1920’s and the 1990’s, but that there were enough ...
Speech by Hans Hoogervorst: ‘Bad accounting breeds bad policies’
March 16th, 2015
Speaking today at the NAPF Investment Conference in Edinburgh, Scotland, Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), said everybody is best served by accounting that reflects the economic reality, even if it makes for uncomfortable reading. ...
The Central Bank of Russia Press release regarding Key Rate
March 13th, 2015
On 13 March 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 15.00 to 14.00 percent per annum taking into account that the balance of risks is still shifted towards a more significant cooling of the economy. This decision will contribute to the reduction of these ...
EU told to apologise to Credit Agricole over market rigging probe
March 13th, 2015
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe had been completed. A report published on Thursday (13 March) ...
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 ...
Bundesbank posts €2.95 billion profit in 2014
March 12th, 2015
The Deutsche Bundesbank posted a profit of €2.95 billion for the 2014 financial year, compared with €4.59 billion in 2013. The profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act ...
