Search Results for: Commodities
Schäuble on his meeting with Varoufakis: We agreed to disagree
February 5th, 2015
February 5, Thursday – Statements of the two Finance Ministers after the conclusion of their meeting. Greek Finance Minister Yanis Varoufakis’ crucial meeting with his German counterpart Wolfgang Schäuble in Berlin begun at around 12.30 (Athens time) and lasted for ...
Rising oil boosts investors’ optimism
February 4th, 2015
US markets surged on Tuesday as rising oil prices lifted energy shares. Energy issues gained 2.8%, marking fourth-straight advance. Investors’ optimism was boosted also by developments in Greece’s debt negotiations and automaker’s reports of increases in January car sales. ...
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
February 3rd, 2015
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015. Growth in the global economy continued at a moderate pace in 2014. China’s growth was ...
KCG announces Consolidated Earnings
February 2nd, 2015
KCG One of the World’s Largest Independent Market Makers issued a press release for: Consolidated Earnings of $0.23 Per Diluted Share for the Fourth Quarter of 2014 Pre-tax income from continuing operations of $26.5 million includes a net charge ...
Platts Launches Market Data Direct
January 29th, 2015
New Real-Time Global Commodity Prices and Data Service Trusted Industry Benchmarks From Platts Available in New Customizable Cross-Commodity Collections Historical Data at the Ready on a Global Basis for Trend and Arbitrage Analysis London – January 28, 2015 Platts, ...
Without US support, multinational tax crackdowns will fail
January 29th, 2015
It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers they are able to reduce ...
2014 Mining and Metals deal volume and value lowest in 10 years
January 28th, 2015
Deal volume in the global mining and metals sector reached a 10-year low in 2014, with transactions driven by divestments and forced sales in the face of falling commodity prices and risk-averse capital markets. EY analysis released today ...
European Stocks Fall Following Greek Selloff
January 28th, 2015
Markets Cautious Ahead of U.S. Federal Reserve Statement European stocks fell Wednesday, hit by a big selloff in Greece and caution ahead of the latest message on the path of monetary policy due from the U.S. Federal Reserve statement later in the day. ...
Global Markets Exchange Group takes stake in Avenir Technology
January 28th, 2015
GMEX issued a press release announcing that: Today, GMEX has taken a strategic stake, through its GMEX Technologies Limited (GMEX TECH) subsidiary, in the UK based post-trade software firm Avenir Technology Limited (Avenir). Avenir has developed a suite of ...
U.S. oil well shut-ins start as crude rout batters small producers
January 27th, 2015
Collapsing crude prices are confronting scores of smaller U.S. oil producers with the grim choice of either shutting older high-cost wells or burning through cash in the hope of riding out the downturn. As oil prices fell by more ...
