Gold Gains on Shifting Rate Views, Central-Bank Buying
October 8th, 2015
Weaker dollar also benefits bullion prices Gold prices crept higher Wednesday, with investors continuing to bet that the U.S. Federal Reserve will delay raising interest rates as other central banks stocked up on the precious metal. Gold for December ...
NIRP, its likelihood and effect on commodities
October 5th, 2015
In last week’s article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them ...
Gold price rises to $1,117.80 an ounce
August 18th, 2015
Analysts attribute increase to Chinese yuan devaluation The global prices of gold moved higher on Monday, causing retail prices in the UAE to edge slightly higher by less than a dirham per gram. Retail gold rate in Dubai went ...
China’s 1929 moment
July 30th, 2015
Anyone with a nose for markets will tell you that the Chinese government’s attempt to rescue the country’s stock markets from collapse is far from succeeding. Bubbles collapse, period; and government interventions don’t stop them. Furthermore, we are beginning ...
Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide
July 22nd, 2015
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
ICE Clear Singapore announces first three clearing members
June 25th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that KGI Ong Capital Pte. Ltd., Phillip Futures Pte Ltd and UOB Bullion and Futures Limited (UOBBF) have been approved as the first three ...
Bonds, shares, gold supported ahead of expected ECB action
January 21st, 2015
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...
ADS Securities eyes investment banking move
October 10th, 2014
Abu Dhabi’s ADS Securities is expanding into new services including investment banking and asset management following its acquisition of a London brokerage firm, its vice chairman and executive managing director said on Tuesday. Privately owned ADS, which started operations ...
‘Russia’s Facebook’ $1.5bn deal ends long-running litigation
September 26th, 2014
Four firms have played lead roles in a $1.47bn (£900m) transaction between two Russian online giants which brought to an end years of complex litigation. Akin Gump Strauss Hauer & Feld, Fried Frank Harris Shriver & Jacobson, Hogan Lovells ...
