Search Results for: Advanced Markets
The Reserve Bank of Australia decided to lower the cash rate by 25 basis points
August 2nd, 2016
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded ...
Morgan Stanley Warns Currency Traders Worst to Come for Dollar
August 1st, 2016
The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going to get worse. That’s what Morgan Stanley chief global currency ...
Asian Shares Gain, Won Rises With Ringgit as Fed Seen on Hold
August 1st, 2016
MSCI Asia-Pacific benchmark heads for sixth day of gains Won, ringgit advance as waning Fed rate rise odds hurt dollar European and U.S. stock futures climbed as Asian shares advanced and the South Korean won rallied to a one-year high ...
KCG agrees to acquire the independent agency broker and execution specialist Neonet
July 28th, 2016
KCG Holdings, Inc. (NYSE: KCG) (“KCG”) announced that it has entered into a definitive agreement to acquire Neonet Securities AB (“Neonet”), an independent agency broker and execution specialist based in Stockholm, Sweden from its shareholders, Hay Tor Capital, KAS ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
The real message from asset inflation
July 22nd, 2016
The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Central bankers are almost certainly unaware of this danger, partly because their chosen statistics fail to ...
Globalization’s Few Winners and Many Losers
July 21st, 2016
Quality, quality of life, and well-being are not easily quantified, so they are ignored. I often write about the Tyranny of Price, the rarely examined assumption that lower prices are all that matters. Thanks to the Tyranny of Price, ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
IPsoft and Deloitte announced an alliance
July 19th, 2016
IPsoft and Deloitte Consulting LLP today announced an alliance that will bring together Deloitte’s leading consulting services and IPsoft’s industry-leading autonomic and cognitive solutions to optimize client operations and enable business growth at scale. By developing go-to-market strategies and ...
