Search Results for: Bank of Russia
China and the dollar
October 9th, 2015
With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy. China executed a financial move that appeared to undermine its own position but instead created trouble for the US; ...
China launches cross-border payment system
October 8th, 2015
China’s cross-border interbank payments system, established as a yuan-based alternative to the interbank Swift network, has launched with 11 domestic banks and eight foreign institutions onboard. The CIPS platform will be used to support cross-border goods and services trade ...
Equity rally stalls as German data casts cloud over global growth
October 8th, 2015
Global stocks traded just off three-week highs on Thursday after unexpectedly weak trade and machinery orders data from Germany and Japan hinted at a stalling in the momentum of some of the world’s biggest economies. An oil price bounce, ...
Asian shares firm on resurgent oil, Nikkei falls on BOJ
October 7th, 2015
Asian stocks hit a seven-week high on Wednesday as oil prices showed some signs of life, supporting battered resource shares and emerging economy currencies, while Tokyo shares fell after the Bank of Japan stood pat on policy. MSCI’s broadest ...
Exchanges from around the world announced their trading volumes for September 2015
October 6th, 2015
Exchanges from Russia, Germany and USA have issued press releases to inform investors regarding their trading volumes results for September 2015. Moscow Exchange Moscow Exchange Trading Volumes in September 2015 The Derivatives Market and FX Market posted the strongest ...
Renaissance Capital Goes Live on Calypso
September 30th, 2015
Calypso Technology, Inc., the global standard for financial markets software solutions, has successfully deployed its award-winning solution at leading emerging and frontier markets investment bank Renaissance Capital as a strategic cross-asset back-office solution for the bank’s client and proprietary ...
Moscow Exchange Adopts New Dividend Policy
September 28th, 2015
Moscow Exchange‘s Supervisory Board on 23 September approved a new dividend policy, raising the payout floor to 55% of the Group’s net profit under IFRS. “Moscow Exchange’s updated dividend policy underscores the record payout ratio that the Company achieved ...
Oil prices rise as firm Chinese seasonal demand offsets weak Japan data
September 25th, 2015
Oil markets rose on Friday as strong seasonal demand from China outweighed weak consumer data from Japan, although analysts said that the slowing global economic outlook meant that oil prices would likely remain low for months to come. While ...
Gold dips as Yellen says Fed on track to hike rates this year
September 25th, 2015
Gold dropped from its highest in a month on Friday as the dollar rallied on an assurance from Federal Reserve chair Janet Yellen that the U.S. central bank would begin raising rates this year. Spot gold had fallen 0.7 ...
Oil prices rise as U.S. drilling declines
September 21st, 2015
Oil prices rose by around one percent on Monday as U.S. drilling slowed and analysts estimated that $1.5 trillion worth of planned American production investment was uneconomical at prices of $50 per barrel or lower. Crude prices have plunged ...
