Search Results for: Markets
Futures edge higher ahead of Jackson Hole meeting, data
August 21st, 2014
U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming. Policymakers are due to discuss the labor markets ...
G20 towards deal on ‘bail-in’ bond cushion for banks
August 21st, 2014
Government leaders are expected to agree in November that the world’s top banks must issue special bonds to increase the amount of capital which can be tapped in a crisis instead of calling on taxpayers to come to the ...
ESMA issues response form for market abuse regulations
August 21st, 2014
The European Securities and Markets Authorities (ESMA), has issued a response form so that business participants can assist in the process of producing new rulings covering the field of market abuse. ESMA aims to protect all firms under its ...
FCA warns investors against clone firms
August 21st, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against “AMT Markets” (www.amt-markets.co.uk) and “Euromax Finance Limited” (www.eurofinance.com) informing the investors that the two companies are the clones of the original ones. AMT Markets is the clone ...
OSB Daily Technical Analysis
August 21st, 2014
OSB Daily Technical Analysis for August 21, 2014 EUR/USD – bears took over the day and pushed the EUR/USD beneath the 1.33 level without much difficulty. The break below this level indicates that this market is likely to continue ...
ASIC publishes supervision report
August 21st, 2014
The Australian regulator in its effort to enforce regulation has published its eighth report on market supervision to inform firms on compliance procedures. ASIC has published its eighth report on the supervision and surveillance of Australian financial markets and ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
Gold Prices Steady Ahead of Federal Reserve Minutes
August 20th, 2014
The US economy has been moving in the right direction, but inflation numbers in the US remain at very low levels. On Tuesday, CPI and Core CPI, the primary gauges of consumer inflation, both posted paltry gains of 0.1%. ...
FMA files civil proceedings against trustee
August 20th, 2014
The Financial Markets Authority (FMA) has filed civil proceedings against Prince and Partners Trustee Company Limited (Prince). Prince was the trustee for finance company Viaduct Capital Limited (Viaduct). Viaduct collapsed in 2009. FMA alleges that Prince breached the obligations ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
