Search Results for: interest rates
Here Are Some of the Markets Making Big Moves After the Fed Announcement
December 15th, 2016
The Federal Reserve raised interest rates for the first time this year on the back of a stronger job market and increasing inflation expectations. While the move was expected, there was a surprise: new projections show central bankers now see ...
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
December 14th, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut. U.S. West Texas Intermediate (WTI) ...
There’s another sign that London’s house price boom may finally be over
December 13th, 2016
A clear trend is emerging in the London property market. Prices are finally on their way down. The latest UK House Price Index from the Office for National Statistics — released on Tuesday morning — showed that in October, ...
Gold price forecast for 2017 is lowered
December 12th, 2016
Credit Suisse Group AG (CS) analysts recently lowered their 2017 gold forecast, pointing to slowing sales of exchange-traded funds (ETFs) and speculation surrounding how the election could impact interest rates. These analysts cut their full-year forecast to $1,338 per ...
CME Group Announces New Senior Management Positions
December 12th, 2016
CME Group today announced that it has appointed Julie Winkler and Kim Taylor to new roles on its management team. Winkler, a 20-year veteran of CME Group, will serve as the company’s Chief Commercial Officer, overseeing sales, product marketing, ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
LCH clears over $1 trillion in inflation swaps notional
December 9th, 2016
Over $1 trillion in inflation swaps since the service launched in April 2015 43 members, 47 clients and 12 clearing brokers live and clearing GBP, EUR and USD inflation swaps Significant uptick since introduction of bilateral margin rules, in ...
Dollar up on higher yields, euro hit by ECB’s ‘less for longer’ decision
December 9th, 2016
The dollar rose broadly on Friday as U.S. bond yields rose, while the euro sank after the European Central Bank’s decision to extend its debt-buying program even as it cut the size of its purchases disappointed currency bulls. The ...
BaFin plans to limit CFD trading
December 9th, 2016
Following the proposal by FCA UK for limiting leverage on Forex and CFDs, the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has issued an announcement to inform that the Authority intends to limit the marketing, distribution ...
