Search Results for: NEX Group
Oil prices dip as traders assess U.S. hurricane impact
September 12th, 2017
Oil prices edged down in early Asian trading on Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the wake of Hurricane Harvey that should lead to more crude oil processing. ...
China is starting to roll back measures meant to prop up its currency
September 11th, 2017
China is starting to roll back measures meant to prop up its currency after a recent surge in the yuan erased all of last year’s losses. Starting today, the central bank has scrapped a reserve requirement rule on trades ...
Low European Union sugar stocks ‘protecting producers’ from world price tumble
September 7th, 2017
The low level of European Union sugar inventories is seeing the bloc’s producers secure relatively high prices on supply contracts, despite weak world values, and indeed strong European output prospects. Headline market dynamics would appear to suggest the potential ...
Moscow Exchange launches FX fixing instruments
September 6th, 2017
From 4 September 2017, Moscow Exchange has offered instruments to trade at the MOEX FX USD/RUB and EUR/RUB fixing prices with clearing and settlement via its clearinghouse, NCC Clearing Bank. Russian banks including subsidiaries of large global financial groups ...
American business leaders break with Donald Trump
August 17th, 2017
“I’VE never known it to be an embarrassment for a business leader to be associated with an American president,” declares Max Bazerman of Harvard Business School. Donald Trump, in particular, has positioned himself as a businessman-president, whose corporate acumen ...
Dollar drops, the Yen and Euro rose, the Aussie added 0.1 percent: Brokers review
August 17th, 2017
Dollar drops; Aussie extends advance after base-metal surge Fed minutes show officials concerned about low inflation Most Asian stocks rose, led by technology shares after stellar earnings at Internet giant Tencent Holdings Ltd. The yen climbed and the dollar ...
Oil falls for third day
August 9th, 2017
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...
Global fintech investment rebounds in Q2 2017
August 7th, 2017
Total global fintech investment more than doubled quarter over quarter in Q2’17 to US $8.4 billion, up from US$3.6 billion in Q1’17, according to the KPMG Pulse of Fintech report. Global M&A investment helped drive the fintech market rebound, ...
Gibraltar Stock Exchange announces a new shareholder
August 4th, 2017
GSX Group Limited, the parent of GSX Limited, which operates the Gibraltar Stock Exchange, has issued a press release to announce a new shareholder, Cyberhub Fintech Holdings Limited. Following the approval of the Gibraltar Financial Services Commission, Cyberhub Fintech ...
Asian stocks fell after surging to the highest level in almost 10 years
August 3rd, 2017
Asian stocks fell after surging to the highest level in almost 10 years, with investors assessing the strength of company earnings before American labor-market data provides the latest clues on the health of global growth. South Korean shares dropped ...
