Search Results for: europe
FCA Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’)
August 12th, 2014
Financial Conduct Authority (FCA) Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’) FCA thematic review of best execution and Payment for Order Flow (‘PFOF’) found that many firms do not understand key elements of FCA requirements and ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
Asia shares extend bounce, oil pinned near lows
August 12th, 2014
Asian shares nudged higher on Tuesday, tracking rallies in the United States and Europe as investors seemed to put aside geopolitical concerns, at least for the moment. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.3 percent ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
Asia stocks rose on Wall St. rally, dollar firm after rebound
August 11th, 2014
Asian stocks rose on Monday as tensions eased slightly in Ukraine, while the dollar held steady against the safe-haven yen after rebounding sharply late last week. Spreadbetters expected the upbeat momentum for equities to continue into Europe, with Britain’s ...
USD/CAD – Loonie Weakens on Weak Canadian Employment Data
August 8th, 2014
The Canadian dollar has posted slight losses on Friday, as USD/CAD trades in the mid-1.09 range late in the session. In economic news, Canadian Employment Change posted a gain of just 0.2 thousand, well short of expectations. The unemployment ...
ESMA welcomes the publication of the ESFS Review Report
August 8th, 2014
The European Securities and Markets Authority (ESMA) has welcomed the publication of the European Commission’s (EC) Report on the operation of the European Supervisory Authorities (ESAs) and the European System of Financial Supervision (ESFS). The EC’s Report, to the ...
ECB will receive 4.15 billion euros in crisis loans next week
August 8th, 2014
The European Central Bank will receive 4.15 billion euros ($5.56 billion) in long-term loans from Banks. The money will be given next week following charges of the ECB for holding banks; excess cash overnight and promised more long-term loans. ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
Dollar Gains to Almost 9-Month High Versus Euro on Policy
August 8th, 2014
The dollar strengthened to an almost nine-month high against the Euro after European Central Bank President Mario Draghi signalled monetary policy will diverge from the U.S. for an extended period of time. The greenback rose against all but one ...
