Search Results for: Commerzbank AG
U.K. Markets Pounded and ‘Brexit’ Vote Doesn’t Even Have a Date
January 18th, 2016
Pound, stocks decline as risks to U.K. economy stack up Turmoil is hurting outlook for Bank of England rate increase Wherever you look, Britain’s financial markets are creaking. The pound is at the weakest level since 2010 against the ...
China Said to Put Reserve Rule on Offshore Bank Yuan Funds
January 18th, 2016
Officials extending effort to counter speculation against yuan Premier Li underscores `no basis’ for continued yuan slide China is stepping up efforts to counter speculative bets against the nation’s currency, through imposing reserve requirements on yuan deposits held on ...
China names central bank deputy governor as new forex boss
January 13th, 2016
China’s cabinet has named Pan Gongsheng, a deputy governor of the country’s central bank, as its new top foreign exchange regulator to manage the country’s currency reserves and steer yuan reforms. Pan will replace Yi Gang as head of ...
Bank of Tokyo-Mitsubishi UFJ goes live on FXSpotStream as the 12th Liquidity Provider
December 16th, 2015
Volumes on the Service increases 25% through November FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo-Mitsubishi UFJ is now live as a liquidity providing bank to FXSpotStream’s price aggregation service and client ...
Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip
December 11th, 2015
Central bank may enter market again after Fed decision: OCBC Yuan weakness trend is inevitable, according to Commerzbank The yuan recorded its biggest weekly drop since an August devaluation on speculation China’s central bank is taking advantage of a stronger ...
Gold Prices Waver as Fed Decision Awaited
November 27th, 2015
Dollar’s appreciation exerted some pressure on prices Gold prices were slightly lower on the London spot market on Thursday, as the metal fluctuated between fractional losses and gains as investors await the Federal Reserve’s decision on U.S. rates next ...
China Has a $1.2 Trillion Ponzi Finance Problem
November 20th, 2015
Some 45% of new debt will be used to pay interest: Hua Chuang `Ponzi’ finance was seen by Hyman Minsky as unsustainable Chinese borrowers are taking on record amounts of debt to repay interest on their existing obligations, raising ...
Major Global Banks announced their results for 3Q 2015
November 4th, 2015
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
VW Emissions Issues Spread to Gasoline Cars
November 4th, 2015
Company adds about 2 billion euros to possible economic risk Tally of 800,000 added to estimated 11 million cars worldwide Volkswagen AG said it found faulty emissions readings for the first time in gasoline-powered vehicles, widening a scandal that so ...
FXSpotStream: Bank of Tokyo-Mtsubishi UFJ has Joined as a Liquidity Provider
October 7th, 2015
FXSpotStream Announces that Bank of Tokyo-Mtsubishi UFJ has Joined as a Liquidity Provider; Volume overall up 8.5% in September FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Bank of Tokyo–Mitsubishi UFJ (BTMU) has joined as ...
