Search Results for: Pound
Sugar prices slump on technical selling
March 22nd, 2017
Raw sugar futures prices in New York extended their losses of the previous session, plumbing new multi-month lows, after breaking definitively downward through the key 18 cents a pound level. With technical support definitively breached, markets are now looking ...
More than 64,000 drivers are now intending to sue Volkswagen on dieselgate
March 22nd, 2017
Lawyers are aiming to win back thousands of pounds in compensation for buyers VW fitted cheating software in 11million cars sold worldwide, which meant they produced fewer toxic gases in tests, but were actually much more polluting VW ...
Yen stretches rally to seventh day; Asia Stocks Tumble
March 22nd, 2017
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...
The euro gained against the dollar on Tuesday
March 21st, 2017
Euro hits 6-week high against dollar after French presidential debate The euro gained against the dollar on Tuesday, with analysts attributing the rally to centrist candidate Emmanuel Macron performing well in France’s first televised presidential debate. The shared currency ...
Dollar slips, euro edges up
March 21st, 2017
The dollar was on the defensive in Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the U.S. central bank won’t accelerate the pace of its interest rate hikes. The dollar index, which ...
Multinational Bank forecast arabica coffee prices to rise
March 20th, 2017
Rabobank forecast rising arabica coffee prices, as Brazilian production falls 13% in the 2017-18 season. Following a Brazilian crop tour, Rabobank forecast the next Brazilian coffee crop at 49.2m bags, down from 54.0m bags in the 2016-17 year. Arabica ...
Financial fraud costing UK £2 million a day
March 19th, 2017
In 2016, the UK lost £2 million each day as a result of financial fraud, according to official figures released by Financial Fraud Action UK (FFA UK) today (16th March 2017). The figures show the overall scale of financial ...
The FinTech in Mena region
March 17th, 2017
Fintech (financial technology) is gaining traction globally and has already arrived in the Middle East and North Africa (Mena). Financial technology describes tech-enabled products and services that improve traditional financial services. They are faster, cheaper, more convenient or more ...
Asia Emerging-Market Stocks Gain While Topix Slips: Markets Wrap
March 17th, 2017
Dollar poised for biggest weekly loss in more than a month Indonesian shares reach record; Treasuries move higher An equities rally spurred by the Federal Reserve’s outlook found some life in Asian emerging markets, even amid a slump in ...
Why the US Dollar Fell
March 16th, 2017
The US Dollar exchange rate complex came under pressure following the US Federal Reserve’sdecision to raise interest rates 0.25% ensuring their upper band on interest rates sits at 1.0%. However, this was expected and cannot be said to be ...
