Search Results for: Global Markets
Markit to acquire DealHub
August 25th, 2015
Expands services and customer base in $5 trillion global FX market Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that it has agreed to acquire DealHub, a leading provider of trade processing and trading ...
Oil’s Drop Puts Spotlight on Saudi Arabia
August 25th, 2015
Some OPEC members call for renewed discussions within cartel about restraining production The plunge in global oil prices has eroded an important pillar of Saudi Arabia’s strategy of pumping freely to grab global market share: Demand growth that once ...
NYSE Invokes Rule 48 to Ease Market Opening
August 24th, 2015
Rule permits market makers on NYSE no not disseminate price indications ahead of open The New York Stock Exchange and NYSE MKT cash equities markets have invoked Rule 48 for Monday morning’s stock market open in anticipation of very ...
India has forex reserves to stabilise currency volatility: RBI
August 24th, 2015
Forex reserves of around $380 billion would be used if needed to subdue the volatility in the currency market, said RBI Governor On a day when the rupee and stock market went down Reserve Bank of India (RBI) Governor Raghuram Rajan said on ...
Brent Crude Falls Below $45 for First Time Since 2009 on Surplus
August 24th, 2015
Oil in London slid below $45 a barrel for the first time since March 2009 on concerns Chinese demand is slowing just as supplies from the U.S. and Iran threaten to swell a global surplus. Brent futures fell as ...
U.S. banks moved billions in trades beyond CFTC’s reach
August 24th, 2015
This spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished. “We saw strange things in the data,” said Chris ...
China chooses her weapons
August 22nd, 2015
China’s recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the ...
The accountancy profession in Colombia: ACCA and EAN University in Bogota signed an agreement
August 21st, 2015
ACCA has issued a press release to inform that, a Memorandum of Understanding has been signed between EAN University in Bogota, Colombia, and ACCA (the Association of Chartered Certified Accountants) to develop the accountancy profession in the South American ...
Oil Poised for Longest Weekly Losing Streak Since 1986 Amid Glut
August 21st, 2015
Oil headed for the longest run of weekly declines in almost three decades on signs the supply glut that drove prices to a six-year low will be prolonged. Futures fell as much as 1.6 percent in New York, set ...
China Shares Hit New Low Since Depth of Selloff
August 21st, 2015
Early gauge of China’s factory activity falls to multiyear low China’s stock market set a new low since the depths of the summer selloff that wiped out roughly a third of its value, despite massive intervention from Beijing. The ...
