Search Results for: Markets
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
Brokerages raise Cipla’s target price post inhaler launch
September 2nd, 2014
The launch of Fluticasone/Salmeterol combination inhaler, a generic version of GSK’s Advair MDI (metered dose inhaler), by pharmaceutical major Cipla in Germany and Sweden is seen as a significant development by brokerages. The launch establishes Cipla as the front ...
Banks say funding rules will make key equities trades more expensive
September 2nd, 2014
Banks are sounding the alarm about a proposed global rule aimed at forcing them to fund themselves more safely, warning that it could have “severe” knock-on effects on short selling and other important equities market transactions. Industry lobbyists have ...
OSB Daily Technical Analysis- Currency pairs
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 EUR/USD was largely unchanged on Monday despite bearish pressure. Weakness continues and lower prints are almost certain considering looming ECB actions in the near term. USD/JPY Breakout for the USD/JPY pair ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
Australia 200 – Continues to Move Little Above 5600
September 2nd, 2014
Australia 200 for Tuesday, September 2, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
China Plans a Market for Carbon Permits
September 1st, 2014
China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what will be the world’s biggest emissions trading program. China has ...
Abenomics, European Style
September 1st, 2014
Two years ago, Shinzo Abe’s election as Japan’s prime minister led to the advent of “Abenomics,” a three-part plan to rescue the economy from a treadmill of stagnation and deflation. Abenomics’ three components – or “arrows” – comprise massive ...
ASIC charges Goldman Sachs Australia Pty Ltd with $35,000 penalty
September 1st, 2014
The Australian Securities and Investments Commisions (ASIC) has charged Goldman Sachs Australia Pty Ltd (Goldman Sachs) with a penalty of $35,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was ...
Asian shares wobble in early trade, euro sinks
September 1st, 2014
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...
