Search Results for: JP Morgan
Euro strength makes Europe a buying opportunity for investors, Barclays says
September 7th, 2017
A recent correction in European stocks due to the strength of the euro is a buying opportunity for investors, according to a new report from Barclays. Five percent decline in European stocks driven by the 10 percent appreciation in ...
The U.S. dollar weakened on Trump Jr. Emails; Yen, Korean won lead currency gains
July 12th, 2017
The U.S. dollar weakened against its G-10 peers and European equity futures rose as attention turned to central bank policy after markets were rattled by reports of Donald Trump Jr.’s contact with a Russian lawyer. U.S. equity futures were ...
The pound, euro, Canadian dollar, yen and kiwi were all down; Investors Review
July 11th, 2017
Stocks in Asia edged higher as investors awaited a potential new catalyst for further moves — the U.S. earnings season. Japanese and South Korean markets rose with volumes nearly a third below average, while Australia’s benchmark gave up earlier ...
Cosco Shipping to acquire Orient Overseas for $6.3bn
July 10th, 2017
Cosco Shipping Holdings Ltd agreed to buy Orient Overseas International Ltd for $6.3bn in cash, creating the world’s third-largest container-shipping company as the industry shrinks after years of losses and overcapacity. Cosco, China’s biggest container carrier, will pay shareholders ...
Virtual currency Ethereum has risen 4,500 percent since the beginning of the year
June 20th, 2017
The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. ...
Bitcoin move over – there’s a new kid on the blockchain
May 30th, 2017
The digital currency bitcoin has broken new records – surging by more than 245 per cent since the start of the year. In just five months, the price of one bitcoin rose from $1,331 to its all-time-high of $3,894 ...
Ethereum Enterprise Alliance Adds 86 New Members Including DTCC, State Street And Infosys
May 22nd, 2017
The Ethereum Enterprise Alliance, an initiative to standardize a business version of Ethereum that launched in February, announced that it has added 86 new members, including heavyweights such as the DTCC, State Street, Infosys, Deloitte, MUFG, Toyota Research Institute ...
Interactive Brokers to sell Options Market-Making Division
May 15th, 2017
Interactive Brokers Group, Inc. signed a definitive agreement with Two Sigma Securities, LLC (“TSS”) to divest its U.S. options-market-making business of Timber Hill. Two Sigma is the market-making affiliate of Two Sigma Investments, LP. The financial terms of the deal ...
Plus500 announced new Chairman and released Q1 Trading update
April 26th, 2017
Plus500 today announced a new Chairman of its Board of Directors and released trading update for the three months ended 31 March 2017. According the first announcement, Plus500 informs that Penelope Judd, currently a Non-Executive Director of the Company, will become ...
Oil edges up after six days of straight losses
April 25th, 2017
Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will rein in oversupply in a world awash with fuel. U.S. ...
