Search Results for: Global Markets
Australia, Japan sell-off amid global rout; Nikkei drops 5.4%
February 9th, 2016
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...
Gold hits new 3-month high on global economy concerns
February 8th, 2016
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a peak of ...
Asia markets retrace losses; banks remain under pressure
February 8th, 2016
Markets in Australia and Japan rang in the year of the monkey on a slightly higher note, erasing early losses Monday. Most major Asian markets remained closed for the Lunar New Year holidays. Down Under, the ASX 200 erased losses of ...
Visa Opens its Global Network with Launch of Visa Developer
February 5th, 2016
Visa Inc. (NYSE:V) announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company’s nearly 60 ...
Asia markets trade mixed as Nikkei extends losses
February 5th, 2016
Asian markets came under pressure on Friday, despite a positive finish on Wall Street overnight, as a newly weaker dollar brought fresh concerns. “The U.S. dollar basket has lost 3.2 percent since the close on Friday and 2.3 percent ...
Tullett Prebon informs regarding proposed acquisition of ICAP’s global hybrid voice broking and information business
February 3rd, 2016
Tullett Prebon has issued an announcement to inform regarding proposed acquisition of ICAP’s global hybrid voice broking and information business. According to the company’s announcement: Further to the announcement regarding the proposed acquisition by Tullett Prebon of ICAP’s global ...
Asia markets trade lower, focus on oil, earnings and central banks
February 2nd, 2016
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, to close down at 17,750.68, while South Korea’s Kospi slipped ...
How domestic economic strength can prevail over global weakness
January 26th, 2016
Find below the Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year’s reception 2016, Eschborn, 25 January 2016 Thank you, Mr Faber, for your very kind introduction. And let me start by ...
Global Stocks Enter Bear Market: One-Fifth Of All Worldwide Stock Market Wealth Is Already Gone
January 25th, 2016
It’s official – global stocks have entered a bear market. On Wednesday, we learned that the MSCI All-Country World Index has fallen a total of more than 20 percent from the peak of the market. So that means that ...
International central bank committees release reports on fixed income markets
January 22nd, 2016
The Committee on the Global Financial System (CGFS) and the Markets Committee today released two reports on the structure and liquidity of fixed income markets. The CGFS report, Fixed income market liquidity, finds signs of greater fragility, with liquidity conditions ...
