Search Results for: Markets
Euro Near Eight-Month Low as Short Bets Surge
August 4th, 2014
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...
Will Europe start to lend again?
August 4th, 2014
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is to restore confidence in the euro zone’s banks, battered by ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
ICE Benchmark Administration Launches Error Policy Market Consultation
August 1st, 2014
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that ICE Benchmark Administration (IBA) is today launching a paper for consultation on a policy to provide transparency in the event that an error is ...
Futures drop after Wall Street sell-off
August 1st, 2014
U.S. stock futures traded lower on Friday following a big sell-off on Wall Street. Most Asian stock markets declined but losses were limited by upbeat reports on China’s economy. Dow futures fell 0.34%, S&P 500 futures were down 0.37% ...
Simmons enters South Africa with Fasken Martineau alliance
August 1st, 2014
Simmons & Simmons has gained a South African presence by allying with Canadian firm Fasken Martineau’s recently-acquired Johannesburg operation. Fasken Martineau merged with the 76-lawyer Johannesburg-based Bell Dewar in February 2013, which brought in expertise in mining, infrastructure, energy, ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
InstaForex announces partnership with Barclays Premier League runner-up
August 1st, 2014
InstaForex, and legendary Liverpool Football Club announced a two-year partnership today that will run until the end of the 2015/16 season. InstaForex will become the Official Online Forex and Binary Options Trading Partner in Asia and the Commonwealth of ...
Asia stocks sideswiped by Wall St, but China motors on
August 1st, 2014
Asian shares were mostly under water on Friday after a sudden slump on Wall Street spilled over globally, though a surprisingly strong pick up in manufacturing helped Chinese markets hold at seven-month highs. In a promising omen for world ...
Canada’s Dollar Touches 7-Week Low on Growth Concern
August 1st, 2014
Canada’s dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S., its largest trading partner. The currency later erased losses ...
