Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
LMAX Exchange announces record high profitability in 2016
May 11th, 2017
LMAX Exchange has issued today a press release to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Russian Customer Support officer
May 8th, 2017
Russian Customer Support officer Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Mobile payments on the rise across GCC, officials say
May 5th, 2017
Online payments, including mobile payments and e-commerce, are set to become a crucial part of the digitisation wave currently sweeping across the GCC, according to a number of industry executives in attendance at the event. “Major trends include subscription ...
Germany’s booming economy shifts into overdrive
May 3rd, 2017
Europe’s largest economy, Germany, is seeing trade surge with a sharp increase in demand for goods ‘Made in Germany’ around the world. The rise comes despite protectionist rhetoric from Washington. In the first two months of 2017, overall German ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
UBS released first quarter 2017 results
April 28th, 2017
The Swiss global financial services company UBS AG has issued today a press release to announce its its results for the first-quarter 2017. According to the announcement, UBS published the below results: Adjusted1 profit before tax CHF 1.9bn, up ...
