Search Results for: Global Markets
Greece’s Path to New IMF Loan Grows Even Rockier Following Leak
April 5th, 2016
IMF officials discussed smaller surplus target, WikiLeaks says Fund has been pushing euro-area nations to offer debt relief Greek Prime Minister Alexis Tsipras may be alienating the International Monetary Fund just when he needs it most. The IMF has ...
A tale of two currencies
April 5th, 2016
There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm, that it will blow again from ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
CQG’s Continuum Connects with OANDA to Expand FX Trading
April 5th, 2016
Continuum, CQG’s enterprise API division, today announced that it has partnered with OANDA, a leading global provider of online foreign exchange (FX) and over-the-counter commodities and indices trading services, to provide US-based FX trading. The connection to OANDA’s fxTrade ...
RBA: Monetary Policy Decision, rate unchanged
April 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests that the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several ...
Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue
April 4th, 2016
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...
Thomson Reuters acquires FX Benchmarks from State Street Corporation
April 4th, 2016
Thomson Reuters today announced it has acquired WM/Reuters FX benchmark rate calculation business of The World Markets Company (WM) from State Street Corporation. The acquisition will be effective immediately. The acquisition of the WM/Reuters FX benchmark means Thomson Reuters ...
EY sends five technology start-up entrepreneurs to Monaco; Who are these?
April 4th, 2016
The five will receive mentoring and coaching at EY World Entrepreneur Of The YearTM in Monaco, where they will network with leading entrepreneurs and business people from around the world The participants are from the start-up hotbeds of Tallinn, London, ...
EBS BrokerTec and ICAP Information Services launch Sterling Repo Index Rate
March 31st, 2016
EBS BrokerTec, ICAP’s market-leading electronic foreign exchange (FX) and fixed income business and ICAP Information Services (IIS), the information division of ICAP, announce today that they have launched the Sterling Repo Index Rate (£RIR). The daily index measures the ...
Euronext completes Interbolsa migration to Pan-European securities settlement platform TARGET2-Securities
March 31st, 2016
Euronext announces that the Portuguese Central Securities Depository Interbolsa, a subsidiary of Euronext Lisbon, has successfully completed the migration to TARGET2-Securities (T2S), one of the largest infrastructure projects launched by the European Central Bank – Eurosystem so far, which ...