Search Results for: Bill Gross
FTSE up on miners, pharmas after Tuesday’s Brexit debate
February 1st, 2017
London shares opened on a positive note with miners, pharmas and utilities leading blue chips higher amid ongoing concerns about the US’ controversial travel ban and after UK parliamentarians’ Brexit debate yesterday. Soon after the open, FTSE 100 was ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Paddy Power Betfair shares worth £100
January 24th, 2017
Donald Trump’s surprise presidential election victory cost Paddy Power Betfair (PPB) £5 million in the fourth quarter of 2016, with customer-friendly sports results burning a £40 million-shaped hole in the bookmaker’s pocket. Fast-approaching the first anniversary of the merger ...
Future of payments: 4 trends to know in payment processing
January 23rd, 2017
The payments industry has been evolving rapidly, especially in the last few years with the growing shift to digital. The global payments ecosystem is constantly changing as new startups try to change the way we move money around the ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
CME Group Clears Daily Record 1 Trillion in Mexican Peso Interest Rate Swaps
January 18th, 2017
CME Group, the world’s leading and most diverse derivatives marketplace, announced today that it cleared a record 1 trillion in Mexican peso (MXN) interest rate swaps in a single day, January 12, 2017, an equivalent of more than $47 ...
When Assets (Such as Real Estate) Become Liabilities
December 29th, 2016
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article ...
Asian shares fell on the last trading day before Christmas
December 23rd, 2016
Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas as Chinese equities extended their losses amid concerns over rising ...
Italy seeks to borrow 20 bln euros to prop up banking sector
December 20th, 2016
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out of No. 3 lender, Monte dei Paschi di Siena, as ...