Search Results for: Big Four
Two top HSBC currency traders charged in forex probe
July 21st, 2016
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, Stuart Scott, has also been charged. The two traders are ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
Turkey coup attempt: No immediate impact on oil and gas flows, but long-term concerns raised
July 18th, 2016
A failed coup attempt launched late Friday by Turkish army officers has had little or no impact on oil and gas flows through Turkey, industry officials told Platts. Some 265 people were killed in the violence. A spokesman for ...
Asian Stocks Extend Rally on China Data as Yen Drops With Gold
July 15th, 2016
Japan’s currency set for biggest weekly drop in 17 years China’s economic growth stabilized in second quarter Asian stocks rose for a fifth day and South Korea’s won strengthened as Chinese economic data beat estimates amid an upbeat start ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Elliott Wave Analysis: Crude OIL Trading In Wave 4; More Upside Could Be Seen Soon
July 11th, 2016
Crude oil has a nice bullish structure on a daily chart where we labeled recent pullback down as wave four of a five wave rise from 26.00. We are quite confident that new highs will be seen very soon, ...
Asian Shares Jump With Won After U.S. Payrolls Boost; Oil Falls
July 11th, 2016
Topix jumps by most since February after Abe election victory Won jumps with ringgit after hiring picks up in U.S. Asia’s stocks and emerging-market currencies rallied, while commodities gained as heightened prospects for stimulus in Japan and better-than-expected U.S. jobs ...
Oil Trims Weekly Drop as U.S. Production Falls Most Since 2013
July 8th, 2016
U.S output fell 2.3%, stockpiles slide 7th week, EIA reports Stockpile decline was less than forecast, API report Oil trimmed its biggest weekly decline in five months as investors weighed the largest drop in U.S. output since 2013 against ...
International law firm Taylor Wessing announced global revenues increase
July 8th, 2016
International law firm Taylor Wessing has today announced a 4.4% increase in UK revenues to £126.6m. Global revenues have also increased to £254.5m at constant exchange rates. In addition, the firm has reported an increase in UK PEP, up from ...
U.S. Stocks Advance Amid Drug-Maker Rally as Caution Subsides
July 7th, 2016
Fed minutes show heightened uncertainty on job data, U.K. vote Banks, commodity shares rise after erasing early losses U.S. stocks advanced, led by gains among drug companies, as cautious sentiment eased amid speculation the American economy can weather the ...
