Search Results for: India
Investment demand for gold jumps to all-time high
August 11th, 2016
In late trade in New York on Wednesday gold edged higher to exchange hands at $1,352 an ounce. Last week gold closed at a two-year high and year to date the metal is up 27% or nearly $300 an ounce. A new study ...
Asia mostly lower as oil retreats further; BOK keeps rates steady
August 11th, 2016
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. In Australia, the benchmark ASX 200 slid 35.71 points, or 0.64 percent, ...
Dollar Weakens as Muted Prospects for Fed Rate Hike Boost Gold
August 10th, 2016
Bonds gain as odds of a 2016 U.S. rate increase stay below 50% Asian stocks near one-year high as Hang Seng Index climbs The dollar weakened on speculation the Federal Reserve will be slow to raise interest rates amid ...
DGCX reports 49% growth from last year
August 3rd, 2016
DGCX Volumes Shine Amidst Market turmoil July 26, 2016 saw the highest ever daily volume with 176,645 contracts DGCX reached a new high on Open Interest of 381,456 Contracts on July 29, 2016 Post Brexit average daily volumes on ...
Turkey revokes the licence of a director at one of the country’s largest brokerage firms
July 28th, 2016
Turkey’s financial regulator has cancelled the licence of a research director at one of the country’s largest brokerage firms after his report on the failed July 15 coup. In a bulletin on its website, the Capital Markets Board (CMB) said the ...
Invoice fraud costs developing countries billions
July 20th, 2016
Some developing countries are losing as much as 67% of their exports to invoice fraud, according to research commissioned by the United Nations (UN), which claims that the over-and-under invoicing of trade transactions over the past two decades has ...
Risk On/Risk Off: What Schizophrenic Markets Are Telling Us
July 11th, 2016
These trends cannot be reversed with yet another rate cut or another “whatever it takes” announcement. In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw ...
Wealth management firms told to target social media as they face fintech challenge
June 24th, 2016
Wealth management firms are being encouraged to up their game on social media to better cater for the digital needs of high-net-worth individuals (HNWIs). Capgemini’s 20th World Wealth Report also warned fintech companies are “making inroads along the entire ...
The Stock Market Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s 8 Largest Economies
June 23rd, 2016
Over the past 12 months, stock market investors around the planet have lost trillions of dollars. Since this time last June, stocks have crashed in 6 of the world’s 8 largest economies, and stocks in the other two are ...
Oil prices above $50, buoyed by U.S. stock draw
June 22nd, 2016
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the ...
