Search Results for: BNP
Euro’s rally might receive a further boost
August 1st, 2017
A snowball effect: Euro to strengthen against Pound Sterling as Eurozone investors are forced to hedge against an unexpected strengthening of their currency. Analysts at BNP Paribas have warned their clients that the Euro’s rally might receive a further ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Oil dips; The reasons
July 19th, 2017
Oil dips on rising U.S. crude inventories, high OPEC supplies Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. Brent crude futures ...
The reason Oil edged up on Tuesday
July 11th, 2017
Oil rises on firm short-term demand outlook; overall market still weak Oil edged up on Tuesday, lifted by a strong demand outlook for the coming weeks, but overall market conditions remain weak on the back of an ongoing fuel ...
Oil prices stable as market expects extended production cut
May 24th, 2017
Oil prices were stable on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year. Brent crude futures rose to $54.18 per ...
CLS shareholders elect nine new board directors
May 19th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that nine new directors have been elected to its Board of Directors at its Annual General Meeting held ...
Aussie Stocks Drop, Taiwan Bucks Poor Apple Result: Markets Wrap
May 3rd, 2017
Japan and Hong Kong among Asian markets shut on Wednesday Kiwi dollar climbs as jobless rate in New Zealand declines Australian stocks dropped, while a poor Apple Inc. earnings report proved no bar to gains in Taiwan’s electronics-rich stock ...
Leading global transaction banks kick off blockchain proof of concept with SWIFT gpi
April 26th, 2017
SWIFT’s proof of concept will determine if distributed ledger technology can help banks reconcile their nostro accounts in real time SWIFT, in collaboration with leading global transaction banks, is developing a proof of concept (PoC) application that will test ...
Euronext to launch new fund service in Paris
April 26th, 2017
AXA IM, COMMERZBANK, ECOFI INVESTISSEMENTS, LA FRANÇAISE INVESTMENT SOLUTIONS, NATIXIS AM and OFI AM funds admitted Innovative model to facilitate investment in funds Service to open on 15 May 2017 Euronext today announced the launch of Euronext Fund Service ...