Search Results for: currencies
Asia markets trade mixed as Nikkei extends losses
February 5th, 2016
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost 3.2 percent since the close on Friday and 2.3 percent ...
Iran appears keen to start mining its substantial metals reserves
February 4th, 2016
Iran Looking To Ramp Up More Than Just Oil Production As the oil markets remain focused on the re-emergence of Iran as a major oil producer following the recent lifting of sanctions, another oversupply storm is brewing as the ...
EU Commission presents Action Plan to strengthen the fight against terrorist financing
February 3rd, 2016
The European Commission is presenting an Action Plan to strengthen the fight against the financing of terrorism. The recent terrorist attacks in the European Union and beyond demonstrate the need for a strong coordinated European response to combatting terrorism. ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
Welcome To The Currency War, Part 21: Japan Goes Negative; US To Return Fire In 2016
February 1st, 2016
Well that didn’t take long. Two weeks of falling share prices and the European and Japanese central banks caved. First the ECB promised new stimulus — which the markets liked — and then the BoJ upped the ante with ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
The digital revolution on the finance industries
January 29th, 2016
EU experts and stakeholders discussed the impact of the digital revolution on the finance industries, market participants and consumers at a recent event organised by ACCA (The Association of Chartered Certified Accountants) and Deloitte in Brussels Internet and digital ...
Oil Prices Climb on Hopes for Production Cuts
January 29th, 2016
Move difficult to realize, but could tackle oversupply pressuring crude market Crude-oil prices rose to a three-week high on hopes that Russia and the Organization of the Petroleum Exporting Countries would cooperate on production cuts. Russia’s energy minister said ...
Why Bitcoin Isn’t Dead
January 28th, 2016
Milo Yiannopoulos, the technology editor for Breitbart.com, a global news site for independent and conservative-leaning thinkers, admits he first believed the recent media coverage that bitcoin was dead due to Mike Hearn’s declaration that such was the case. But ...
Royal Bank of Scotland announces Updates to the Market and Banco Santander publishes 2015 Results
January 27th, 2016
The Royal Bank of Scotland Group plc (“RBS” or “the Group”) today announces a series of updates to the market: 1. Developments during 2015, in particular publication by the International Accounting Standards Board of its exposure draft of amendments ...
