Search Results for: currencies
Asia stocks shine as Fed minutes hint at patience on hike
October 9th, 2015
Asian shares rose on Friday, taking their cue from a jump in oil prices and Wall Street gains after minutes of the Federal Reserve‘s latest meeting damped down expectations of an imminent Fed rate hike. The Fed minutes revealed ...
Equity rally stalls as German data casts cloud over global growth
October 8th, 2015
Global stocks traded just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted at a stalling in the momentum of some of the world’s biggest economies. An oil price bounce, ...
Australian Banks Close Bitcoin Exchange Accounts
October 7th, 2015
Banks and businesses in Australia are shunning virtual currency Bitcoin. Thirteen leading banks have simultaneously frozen or closed Bitcoin exchange current accounts effectively closing off the banking system to users of the currency. Businesses have also turned their backs ...
Saxo Bank sees opportunity in emerging markets amid falling global growth and a tumultuous start to Q4
October 7th, 2015
The plunge in the price of oil and other commodities has scores of emerging markets under severe pressure. And yet, it is in emerging markets that Saxo Bank sees most hope. As risks to global growth increase, the timing ...
Asian shares firm on resurgent oil, Nikkei falls on BOJ
October 7th, 2015
Asian stocks hit a seven-week high on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Tokyo shares fell after the Bank of Japan stood pat on policy. MSCI’s broadest ...
A Charter was granted to a Bitcoin Exchange
October 6th, 2015
NYDFS grants Charter to “GEMINI” BITCOIN EXCHANGE founded by Cameron and Tyler Winklevoss Three Virtual Currency Firms Have Now Received Charters or Licenses from NYDFS – Gemini, Circle, itBit Anthony J. Albanese, Acting Superintendent of Financial Services, announced that ...
Japan Leads Asian Shares Higher
October 6th, 2015
Markets across Asia rallied Tuesday, with shares in Japan rising on bets that its central bank may further loosen monetary policy at its meeting this week. Japan’s Nikkei Stock Average was up 1%. Hong Kong’s Hang Seng Index and ...
Bitcoin flounders in Australia as regulatory worries bite
October 5th, 2015
Australian businesses are turning their backs on bitcoin, as signs grow that the cryptocurrency‘s mainstream appeal is fading. Concerns about bitcoin’s potential crime links mean many businesses have stopped accepting it, a trend accelerated by Australian banks’ move last ...
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
Europol: Bitcoin May Become Sole Currency for EU Cybercriminals
October 2nd, 2015
Europol has said in a new report that it believes bitcoin could become the go-to currency for digital criminals in the region. The European Union’s top law enforcement agency released its Internet Organised Crime Threat Assessment for 2015 on 30th September, ...
