Search Results for: SIX
Nasdaq Nears 13-Year High as Technology Goes From Hated to Loved
May 28th, 2014
Technology stocks are back. A four-day rally in the Nasdaq 100 Index has pulled the gauge within 0.1 percent from erasing a 7.5 percent selloff from earlier this year. Exchange-traded funds that buy computer and software shares absorbed $1.1 ...
Former Barclays New York Trio Face Libor Charges in U.K. Court
May 27th, 2014
Three former Barclays Plc (BARC) New York derivatives traders appeared at a London court after being charged with manipulating Libor by U.K. prosecutors, in the second group from the British bank to face U.K. criminal action. Ryan Reich, Alex ...
Dear Investors: China’s Problems Are Your Problems
May 27th, 2014
I have long argued that it will take a sizable shock to switch the current “risk on” investment climate to one of “risk off.” The robust U.S. stock market persists even though the housing recovery has stagnated, labor markets ...
Gold Traders Investigated in Colombian Cocaine Laundering
May 27th, 2014
Colombia is investigating the possible involvement of gold trading firms and a Miami refinery in a cocaine money-laundering scheme that’s distorting the country’s trade data, according to the tax and customs agency. As much as $3.3 billion of gold ...
ESMA adds CC&G and LCH.Clearnet SA to list of authorised CCPs under EMIR
May 23rd, 2014
The European Securities and Markets Authority (ESMA) has updated its list of Central Counterparties (CCPs) that have been authorised to offer services and activities in the Union in accordance with the European Markets Infrastructure Regulation EMIR (EMIR). With the ...
Soft Futures market outlook
May 23rd, 2014
Wheat futures once again started firm, but whether they will end that way… There may be some cause to hope that the trend which set in on Tuesday, of strong starts followed by weak closes, may come to an ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
Dollar better bid after data, euro hobbled by rate cut view
May 23rd, 2014
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...
Wall Street Finds New Subprime With Brokers Pitching 125% Loans
May 22nd, 2014
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...
European Stock-Index Futures Advance After Fed Minutes
May 22nd, 2014
European stock-index futures climbed, indicating equities may rise a second day, as minutes from the latest Federal Reserve meeting showed policy makers expect the inflation rate to remain below their target, and as Chinese manufacturing data beat estimates. U.S. ...
