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Brent steady above 61 dollars

December 18th, 2014 (0)
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world. Chevron Corp has put a plan to drill ...

Numerix announced next generation Unified Risk Platform for Front Office Trading and Enterprise Risk

December 17th, 2014 (0)
Numerix (www.numerix.com) anounced the immediate availability of Numerix XVA, a single platform for enterprise level risk management and front office risk calculations, including pre-trade XVA pricing and profitability measures. As a full stack enterprise solution of real-time counterparty credit ...

Australian dollar unexpectedly falls to four-year low; local market posts first modest gain in over a week

December 17th, 2014 (0)
The Australian dollar fell suddenly and inexplicably this afternoon, taking the currency below 82 US cents for the first time in more than four years. The dollar fell more than 0.5 cents against the greenback after lunch, with analysts ...

Yen Falls From Four-Week High Before Fed as N.Z. Dollar Slides

December 17th, 2014 (0)
The yen retreated from the strongest in four weeks against the dollar before the Federal Reserve concludes a two-day policy meeting today. The yen has been the biggest gainer among the 10-currency Bloomberg Correlation-Weighted Indexes in the past week ...

Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines

December 16th, 2014 (0)
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...

Oil Extends Drop Below $60 as Producers Tussle for Market Share

December 12th, 2014 (0)
Oil extended losses below $60 a barrel amid speculation that OPEC’s biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009. West Texas Intermediate futures fell as ...

Stocks to Watch: Cubist Pharma, McDonald’s, American Airlines

December 8th, 2014 (0)
Among the companies with shares expected to actively trade in Monday’s session are Cubist Pharmaceuticals Inc., McDonald’s Corp. and American Airlines Group Inc. Merck & Co. agreed to buy antibiotics maker Cubist Pharmaceuticals for $8.4 billion. The deal, which ...

‘Global Islamic Economy Indicator’ introduced

December 8th, 2014 (0)
DIEDC launches ‘State of Global Islamic Economy Report’ Dubai Islamic Economy Development Centre (DIEDC), in partnership with Thomson Reuters and in collaboration with the Dinar Standard, has launched the ‘State of the Global Islamic Economy Report (SGIE)’ for the ...

Asia stocks dip, somber data offsets strong U.S. job numbers

December 8th, 2014 (0)
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...

Virgin Australia’s NZ operations report $31m profit following accounting changes

December 8th, 2014 (0)
Virgin Australia’s earnings performance on the highly competitive trans-Tasman route has improved from loss-making to a profit as a result of accounting policy changes and other benefits from its alliance with Air New Zealand . The Australian airline’s New ...
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