Search Results for: ASX
Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally
November 29th, 2016
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...
Dollar Extends Retreat as Metals Advance With Asian Equities
November 28th, 2016
Oil in New York holds losses near $46 before OPEC meeting Lead, zinc surge; emerging currencies, gold also advance The dollar fell the most since September versus major peers as traders focused on events this week that could derail ...
Dollar Set for Weekly Surge as Fed Outlook Weighs on Bonds, Gold
November 25th, 2016
100% odds of a December Fed move keep dollar at 10-year high 40-year JGB yields drop after auction, flattening curve The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward ...
Asian Stocks Extend Global Advance as Oil Slips; Ringgit Weakens
November 23rd, 2016
Fed fund futures show 100% chance of a rate hike next month Ringgit slumps before rate decision; Japanese markets shut Asian stocks rose amid optimism the global economy is strong enough to withstand higher U.S. interest rates. Oil slipped ...
ASIC commences civil penalty proceedings against State One Stockbroking
November 21st, 2016
ASIC has commenced civil penalty proceedings against State One Stockbroking Ltd (State One) in the Federal Court of Australia in Perth for failing to comply with two ASIC Market Integrity Rules (ASX Market) 2010 (MIRs), following State One’s failure ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
CommSec pays $200,000 in infringement notice penalty
November 16th, 2016
Commonwealth Securities Limited (“CommSec”) has paid a penalty of $200,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that CommSec contravened subsection 798H(1) of the Corporations Act ...
Former financial adviser has been sentenced to seven years imprisonment
November 15th, 2016
Former financial adviser, Mr Darren John Wise, has been sentenced in the Maroochydore District Court to seven years imprisonment on charges brought by ASIC. Mr Wise will be eligible for parole after serving 20 months. Mr Wise, formerly of ...
Financial adviser banned for price manipulation of MINI warrants issued by Credit Suisse
November 10th, 2016
On 8 September 2016, ASIC banned Michael Spencer, formerly a financial adviser, from providing financial services for three years. ASIC found that Mr Spencer engaged in manipulation of the price of three types of MINI warrants issued by Credit ...
Asian Shares Gain as FBI Clears Clinton
November 7th, 2016
Equity markets rallied, a sign that investors believe a victory for Democratic presidential hopeful Hillary Clinton is now more likely Tuesday Asian share markets were broadly higher Monday, with the dollar surging after the U.S. Federal Bureau of Investigation stood ...
