Search Results for: FED
China FX reserves fall record $93.9 bln in Aug as central bank supports yuan
September 7th, 2015
Global investors are bracing for data this week that could show a big drop in China‘s foreign exchange reserves as the central bank steps up its intervention to stabilise the yuan currency after its shock devaluation last month. China ...
New Details on Flash Crash Trader Legal Case
September 7th, 2015
Flash Crash Trader E-Mails Show Spoofing Strategy, U.S. Says Failed orders are `costing me,’ Sarao said to tell programmer Indictment’s new details seen bolstering U.S. extradition case The British day trader accused of contributing to the 2010 flash crash ...
Oil prices fall on global glut fears, slowing U.S. jobs growth
September 7th, 2015
Oil prices fell on Monday as oversupply concerns, a firmer dollar and lackluster U.S. non-farm payrolls data weighed on global markets, but a rebound in Chinese stocks after a two-day holiday helped prop up prices. The long Labor Day ...
Oil prices dip on caution ahead of U.S. jobs data
September 4th, 2015
Oil prices eased on Friday as investors turned cautious ahead of U.S. jobs data that is expected to play into the Federal Reserve’s decision on the timing of any U.S. rate hike. Oil stuck to a narrow range and ...
Nerves ahead of US jobs bring down Asian stocks
September 4th, 2015
Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve‘s decision about when to lift interest rates. A ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
The Current Global Financial Crisis
September 3rd, 2015
During the last month global markets has been roiled by the financial crisis that emanated from China, but propagated to other parts of the world. To put things into perspective, during the month of August more than $5 trillion ...
Eleven Crazy Days — Many More Coming
September 3rd, 2015
Twelve months ago the world was happily sailing along in the Great Moderation, with financial markets that moved gracefully higher most of the time but even in their rare negative moments didn’t cause too much angst. The eleven trading ...
Gold forecast to drop to $800 an ounce in 2016
September 3rd, 2015
As investors are turning cold towards gold, prices are headed for significant declines, according to a bank The overall sentiment towards the yellow metal will turn increasingly bearish next year and the prices are likely to hit below $1,000 ...
