Search Results for: Arab
European Commission and the United States Commodity Futures Commission: Common approach for transatlantic CCPs
February 11th, 2016
Commissioner Jonathan Hill and the US Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad have today announced a common approach regarding requirements for central clearing counterparties (CCPs). The US and EU are home to the largest derivatives markets in ...
OPEC expects rivals to pump out less oil in 2016
February 10th, 2016
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production levels. According to the latest monthly report from the group, ...
Tullett Prebon and Synrex combine to bring liquidity and innovation to the Real Estate market
February 10th, 2016
Tullett Prebon, one of the world’s leading interdealer brokers and Synrex Ltd, a business bringing innovation to the real estate asset class, today announced the establishment of a joint venture to develop a new institutional all-to-all real estate trading ...
Oil prices rebound from sharp selloff; more volatility expected
February 10th, 2016
Crude oil prices pushed higher on Wednesday after Iran said it was open to cooperation with Saudi Arabia, partly recovering from an 8 percent fall in the previous session on concerns over demand and weak equities. Liquidity in Asia ...
Iran ready to discuss oil with Saudis
February 10th, 2016
Iran’s Oil Minister Bijan Zangeneh said on Tuesday that Iran is ready to negotiate with Saudi Arabia over the current conditions in international oil markets. “We support any form of dialogue and cooperation with OPEC member states including Saudi ...
IEA releases Oil Market Report for February
February 10th, 2016
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in 2015, global oil demand growth is forecast to ease back ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
ICAP plc – Trading Statement
February 9th, 2016
Transaction with Tullett Prebon on track Solid growth in the Post Trade division Continued investment in new product initiatives Market conditions remain challenging ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information ...
Australia, Japan sell-off amid global rout; Nikkei drops 5.4%
February 9th, 2016
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
