Search Results for: Commerzbank
The Pound to Euro Rate hits a Wall at Notorious 200 Day M.A
February 22nd, 2017
It was an impressive start to the mid-week session for Pound Sterling having broken above a key technical level against the Euro for the first time in months. The exchange rate is now knocking its 200-day moving average; if ...
Analysts see the oil price to hit $70 by year end
February 22nd, 2017
Crude oil prices could shoot up to $70 a barrel by the end of 2017 as supply and demand levels continue to rebalance in coming months, according to analysts at Citi. Nearer-term, the research team has raised price estimates ...
Citibank N.A. settles for being part of forex trading cartel
February 21st, 2017
Today, the Competition Commission has filed with the Competition Tribunal a settlement agreement reached with Citibank N.A. for being part of the forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had ...
Oil prices rise on the heels of sharp losses; production data ahead
February 7th, 2017
Crude oil prices rose slightly on Tuesday, though investors are eagerly awaiting production and inventory data from the Organization of the Petroleum Exporting Countries. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH7, ...
Singaporean court convicts private banker in 1MDB money laundering case
December 16th, 2016
Yvonne Seah Yew Foong, a former BSI SA private banker, became the second person to be convicted in Singapore’s probe into alleged money laundering linked to 1Malaysia Development Bhd. Judge Salina Ishak found Seah guilty of three charges in ...
Is Italy’s Referendum a move towards Italy’s EU Exit?
December 1st, 2016
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance? Italy’s referendum on ...
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
Dollar Climbs as Asian Stocks Advance Amid Earnings; Oil Falls
October 24th, 2016
Speeches by Fed officials may affect outlook for U.S. rates Offshore yuan sinks toward all-time low after record outflows The dollar strengthened versus most of its major peers, buoyed by the prospect of U.S. interest rates being raised at ...
It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick
October 3rd, 2016
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” ...
Deutsche Bank Shares Drop on Fears of Capital Raising
September 27th, 2016
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from the German government. Shares of Deutsche Bank, one of the ...
