Search Results for: Election Day
Gold – a primer for 2017
January 22nd, 2017
You know when to buy gold: it’s when nearly every trader and commentator tells you that gold is going lower and you should sell it. This is Harry Dent on 10th January: “I still see gold landing somewhere between ...
KCG adds four new independent directors to Board
January 20th, 2017
KCG Holdings, Inc. (NYSE: KCG) announced today that its Board of Directors has appointed Peter Fisher, Colin Smith, Heather Tookes and Adrian Weller as Directors, effective immediately. KCG also announced that Rene M. Kern and John C. (Hans) Morris ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
Pound Sterling to Avoid a 10% Hit Against the Euro and Dollar say Credit Suisse
January 19th, 2017
Pound to Euro exchange rate today: 1.1560 Euro to Pound Sterling exchange rate today: 0.8652 Pound to Dollar exchange rate today: 1.2324 Pound Sterling was forecast to take another 10% slump on hard-Brexit manifesting itself according to Credit Suisse ...
Deutsche Bank Agrees to Pay $7.2 Billion
January 18th, 2017
Deutsche Bank Agrees to Pay $7.2 Billion for Misleading Investors in its Sale of Residential Mortgage-Backed Securities Deutsche Bank’s Conduct Contributed to the 2008 Financial Crisis The Justice Department, along with federal partners, announced today a $7.2 billion settlement ...
10 investment advisory firms have agreed to pay penalties to settle charges
January 18th, 2017
10 Firms Violated Pay-to-Play Rule By Accepting Pension Fund Fees Following Campaign Contributions The Securities and Exchange Commission today announced that 10 investment advisory firms have agreed to pay penalties ranging from $35,000 to $100,000 to settle charges that ...
Gold Falls With Yen as Haven-Asset Flight Eases: Markets Wrap
January 18th, 2017
Asian emerging-market currencies rise on dollar weakness Yen retreats as the currency ends seven days of strength The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Pound Drops on EU Concern, Asian Shares Decline: Markets Wrap
January 16th, 2017
U.K. PM to signal plans to quit EU single market: Sunday Times Asian equities retreat with U.S. stock-index futures The pound tumbled on a report that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s ...
Malice in Wonderland
January 15th, 2017
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. After falling into the void, I found myself outside a ...
