Search Results for: equity markets
ESMA issues overview of European Prospectus activity
July 29th, 2016
The European Securities and Markets Authority (ESMA) has published statistical data on the number of prospectuses approved and passported by the National Competent Authorities (NCAs) of the European Economic Area (EEA) within the EU prospectus regime. The report shows ...
Yen Jumps on BOJ Decision as Japanese Bonds Sink; Gold Climbs
July 29th, 2016
Kuroda expands ETF purchase target, leaving policy rate steady BOJ release will be followed by Europe stress tests, U.S. GDP The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen ...
Deutsche Bank reports Q2 2016 pre-tax profit down 67%
July 28th, 2016
Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments – 20% lower revenues year-on-year reflecting challenging environment and strategic decisions Revenues, excluding NCOU and Hua Xia Bank, ...
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
Is Recession-Risk Monitoring Useful For Investing?
July 27th, 2016
There’s a myth going around that tracking the business cycle is a waste of time for investors. On the surface, the reasoning sounds logical. By the time it’s clear that the US has slipped into a recession, it’s too ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
BGC Partners announces agreement to acquire Sunrise Brokers
July 20th, 2016
BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into an agreement to acquire the businesses of Sunrise Brokers Group (“Sunrise Brokers”), ...
Turkey coup attempt: No immediate impact on oil and gas flows, but long-term concerns raised
July 18th, 2016
A failed coup attempt launched late Friday by Turkish army officers has had little or no impact on oil and gas flows through Turkey, industry officials told Platts. Some 265 people were killed in the violence. A spokesman for ...
Global law firm is expanding its EU presence with the opening of a third office in Germany
July 18th, 2016
Global law firm K&L Gates LLP is expanding its European presence with the opening of a Munich office, the firm’s third office in Germany (along with Berlin and Frankfurt) and 46th worldwide, with the hire of investment management partner Dr. Hilger von ...
