Search Results for: Global Markets
Oil Prices Fall to Fresh Lows
January 13th, 2015
Global Benchmark Brent Is 17% Lower for the Year The global oil benchmark settled below $50 a barrel for the first time in nearly six years Monday after Goldman Sachs Group Inc. slashed its forecasts, saying lower prices are ...
UBS extends use of Orc’s electronic execution solution to expand DMA Business
January 12th, 2015
Orc, a global leader in derivatives trading technology, today announced that UBS Securities (UBS) has extended its broad usage of Orc’s Electronic Execution solution to facilitate DMA on the Australian Stock Exchange (ASX) and the Chicago Mercantile Exchange (CME). ...
Oil prices extend falls; Goldman Sachs slashes price forecasts
January 12th, 2015
Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, curtailing demand for crude in the U.S. Both Brent and U.S. crude are ...
Hong Kong Continues To Attract Record FDI
January 9th, 2015
Invest Hong Kong, the territory’s inward investment agency, has announced that it assisted a record number of businesses to establish operations in 2014. InvestHK’s Director-General of Investment Promotion, Simon Galpin, said: “2014 was another record year for InvestHK in ...
FTSE rises as Tesco shares bounce back
January 8th, 2015
A rally by Tesco helped to lift Britain’s top equity index on Thursday, as investors warmed to the supermarket group’s restructuring plans. The FTSE 100 index was up by 1.3 percent at 6,503.04 points in early trading. Tesco was the best-performing ...
Oil-Product Prices Fall as Supplies Climb
January 8th, 2015
U.S. Inventory Data Confirm the Market Is Still Oversupplied Prices at the gas pump are heading even lower. Gasoline futures fell to nearly a six-year low on Wednesday after U.S. government data showed oil and fuel supplies rising to ...
Canada and Saudi oil set for refinery showdown
January 8th, 2015
As a test of wills between OPEC nations and US shale drillers fuels a global oil market slump, a brewing battle between Canadian and Saudi Arabia heavy crudes for America’s Gulf Coast refinery market threatens to drive prices even ...
MTS and B2SCAN launch initiative to enhance liquidity in credit market
January 7th, 2015
Improves buy-side access to pre-trade information Initiative gains broad buy-side support MTS, one of Europe’s premier fixed income trading venues, has launched an initiative with B2SCAN, an aggregator and search engine of bank inventory, runs and axes for the ...
HSBC survey: China’s GDP growth to fall to new low, Brazil seen heading back to recession
January 7th, 2015
Output growth picked up in major emerging markets in December led by India, but was subdued overall with China seen slowing further and Brazil likely falling back to recession, an HSBC survey showed on Wednesday. The HSBC Emerging Markets Index rose to a ...
Oil prices hit fresh lows, no end in sight to slump
January 7th, 2015
Oil prices hit fresh five-and-a-half-year lows on Wednesday as global business growth slowed to its weakest level in a year and analysts said a building supply glut meant that more falls were likely before a rebound. The pace of ...
