Search Results for: Goldman Sachs
Dollar edges down, Aussie soars on less dovish RBA minutes
May 17th, 2016
The dollar edged down slightly in Asian trading on Tuesday, while the Australian dollar soared after central bank minutes reduced expectations of an interest rate cut. The Aussie was already bolstered by a rebound in crude oil futures. U.S. ...
Deutsche Bank becomes latest currency dealer to lower its dollar forecast
May 13th, 2016
Deutsche Bank on Thursday became the latest major player in the global currency market to lower its expectations for the U.S. dollar. The call is a sign that Wall Street is coming around to the view that the Federal ...
FXSpotStream commences publication of supported volumes – April ADV at USD18 Billion representing a 41% increase year on year
May 11th, 2016
FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that it will start publishing monthly supported volumes on its website at www.fxspotstream.com/volumes. With liquidity from 12 leading global banks – BofA Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, ...
Stocks Rally Amid Commodity Revival as Brazilian Assets Recover
May 11th, 2016
S&P 500 surges most since March amid gains in metals, oil Kiwi advances as central bank zeroes in on housing market U.S. stocks rallied the most in two months, joining a rebound in global equities as the bearish sentiment ...
Oil prices stable as brimming storage counters supply disruptions
May 10th, 2016
Oil prices were steady on Tuesday as brimming inventories and a looming refined products glut offset supply disruptions in Canada and elsewhere that have taken more than 2 million barrels a day of production out of the market. International ...
Credit Suisse to Sell Distressed-Debt Portfolio for $1.27 Billion
May 4th, 2016
Credit Suisse will take new $100 million charge Credit Suisse Group AG agreed to sell a big chunk of distressed-debt assets, helping to speed the Swiss bank’s retreat from risky trading businesses. TSSP, a credit-investing affiliate of private-equity firm TPG, will ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
LCH announced management appointments
April 27th, 2016
Daniel Maguire appointed Global Head of Rates & FX Derivatives Paddy Boyle joins as Head of FX Product LCH, the global clearing house, is pleased to announce two senior executive appointments. Effective 1 May 2016, Daniel Maguire will assume ...
FTSE 100 in the red as mining shares slump
April 25th, 2016
U.K. shares swung lower Monday, with mining shares struggling at the start of the new trading week. The FTSE 100 UKX, -0.66% fell 0.8% to 6,258.28. All sectors declined, led by the basic materials and oil groups. The blue-chips index on Friday dropped ...
Asian Stocks Retreat as Oil Falls With Copper; Yen Strengthens
April 25th, 2016
Japanese currency advances after steepest drop since 2014 Crude retreats from five-month high; British pound gains Asian shares were set for the first back-to-back declines in a month as commodities prices retreated and the yen strengthened, reflecting investor caution ...
