Search Results for: FED
Japan shares set fresh 15-year high, dollar holds gains after Fed minutes
May 21st, 2015
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains in much of the rest of Asia. The dollar held ...
UBS to Plead Guilty on Libor, Fined by Fed in Currency Probe
May 20th, 2015
UBS Group AG said its main unit will plead guilty to fraud in the U.S. for manipulating benchmark interest rates and pay $203 million in fresh fines after the Swiss bank violated an agreement that had allowed it to ...
Federal Reserve issues FOMC statement
April 30th, 2015
Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains moderated, and the unemployment rate remained steady. A range ...
Dollar near 2-month low ahead of U.S. GDP, Fed policy statement
April 29th, 2015
* Dollar index hovers near its lowest level in 2 months * Euro flirts with $1.10, Aussie back near 80 U.S. cents * Investors await U.S. GDP, Fed outcome The dollar wallowed near a two-month low against a basket ...
Federal court in Florida issued a Consent Order against Inter-Global Currency & Precious Metals and its owner
April 28th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) today announced that a federal court in Ft. Lauderdale, Florida issued a Consent Order against Defendants Inter-Global Currency & Precious Metals, LLC (IGCPM) of Pompano Beach, Florida, and its owner, manager, and controlling person Stavros ...
Asian markets tepid ahead of major earnings, Fed meeting
April 28th, 2015
Asian stock markets were lukewarm Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve’s policy meeting. KEEPING SCORE: Japan’s Nikkei 225 outperformed the region, gaining 0.5 percent to ...
Fed Is Expected to Shift on Municipal Bonds
April 17th, 2015
In a change of heart, the Federal Reserve will allow big U.S. banks to use some municipal bonds to meet new rules aimed at ensuring they have enough cash during a financial-market meltdown, according to people familiar with the ...
Minutes of the Federal Open Market Committee, March 17-18, 2015
April 9th, 2015
The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on March 17-18, 2015. A summary of economic projections made by Federal Reserve Board members and Reserve Bank ...
Forget Interest Rates, the Fed Has Another Big Decision to Make in the Next Year
April 8th, 2015
In case exiting years of zero interest rates won’t be hard enough, Federal Reserve officials have another challenge approaching quickly: when to begin unwinding trillions of dollars of bond purchases that constitute the world’s largest fixed-income portfolio. Less than ...
Asia stocks gain after Fed official signals slow rate rises
April 7th, 2015
Asian stocks rose Tuesday after Wall Street gained on a jump in crude prices and expectations the Federal Reserve will put off an interest rate hike until late in the year. KEEPING SCORE: The Shanghai Composite Index rose 1.8 ...
