Search Results for: dollar
Brokers Working for Hayes Would Say One Thing, Do Another
December 4th, 2015
Danny Wilkinson testifies for first time on Libor charges Hayes was `the best trader I’ve ever seen,’ Wilkinson Says A former ICAP Plc broker who once described Tom Hayes’s requests to manipulate Libor as “so illegal, it’s ridiculous,” told ...
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
CME Group Volume Averaged 13.7 Million Contracts per Day in November 2015
December 3rd, 2015
Eurodollar options average daily volume rose 70 percent Equity index average daily volume rose 16 percent Interest rate average daily volume rose 9 percent CME Group, announced that November 2015 volume averaged 13.7 million contracts per day, up 6 percent from November ...
Asian stock markets trade mixed; commodities weigh
December 3rd, 2015
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices clawed back gains and was up 43 cents or 1.08 ...
Global Crisis: Goldman Sachs Says That Brazil Has Plunged Into ‘An Outright Depression’
December 2nd, 2015
One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for three quarters in a row, and many ...
Goldman Sachs Seeking Crypto Trade Settlement Patent
December 2nd, 2015
Goldman Sachs filed a patent application last month for a securities settlement system based on a new cryptocurrency called “SETLcoin”. In a US Patent & Trademark Office application, dated 19th November, Goldman Sachs outlines a “Cryptographic Currency For Securities Settlement” that allows ...
Yahoo Board to Weigh Sale of Internet Business
December 2nd, 2015
Board to discuss whether to proceed with a plan to spin off its investment in Alibaba, find a buyer for its core business, or both, sources said Yahoo Inc.’s board is planning a series of meetings this week to consider ...
JPMorgan Working With On Deck to Speed Small-Business Loans
December 2nd, 2015
Bank plans to offer a new lending product with On Deck in 2016 Executive: `We’ll be able to offer almost real-time approvals’ JPMorgan Chase & Co., the biggest U.S. bank, is collaborating with On Deck Capital Inc. to dramatically ...
Brent slips on OPEC worry; U.S. crude steady ahead of inventory data
December 2nd, 2015
API says U.S. crude inventories rose by 1.6 mln bbls last week Reuters poll had cited 500,000 bbls draw instead U.S. crude falls in post-settlement trade after API data OPEC expected to keep output high at Friday meeting (Adds ...
