Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
The Abundant Commodity That’s Becoming Harder to Find
November 27th, 2014
Bauxite, one of the most common ores in the earth’s crust, is growing scarce. It’s been 10 months since Indonesia banned exports of bauxite, used to extract aluminum, in a bid to transform its mining industry, and the global market is still ...
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
Regulators fine global banks $3.4 billion in forex probe
November 12th, 2014
Global regulators imposed penalties totaling $3.4 billion on five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N) on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets. Royal Bank of Scotland (RBS.L) and JP ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Europe Stocks Slide With Russia’s Ruble as Gold Advances
July 17th, 2014
European stocks dropped while gold and the yen rallied as new sanctions sent Russia’s ruble and bonds plunging amid efforts to curb violence in Ukraine. Chinese shares fell as new offerings locked up funds and a potential onshore-bond default ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
U.K. Stocks, Power-Tax Rebates, Bonus Remarks: Compliance
July 7th, 2014
Britain’s markets regulator should investigate whether the closing prices of stocks are being manipulated, according to lawmakers. Conservative Mark Garnier pressed for the investigation by the Financial Conduct Authority at a July 3 hearing of the Treasury Committee in ...
OptionsCity Supports Transition of NYSE Liffe US Products to ICE
June 25th, 2014
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, announced that the firm is offering customers immediate access to Liffe US products following their transition to Intercontinental Exchange’s futures exchanges and clearing houses. ...
Commodities markets summary
June 4th, 2014
ENERGY US oil prices edged higher in quiet trade, a day ahead of a key weekly report on US petroleum inventories, while Brent prices slipped in London. The US benchmark futures contract, West Texas Intermediate (WTI) for delivery in ...
