Search Results for: First Data
Oil Prices Could Jump 50% by the End of 2016
February 3rd, 2016
WTI seen averaging near $46 a barrel in Q4; Brent at about $48 U.S. sees domestic oil output falling by 620,000 barrels a day Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for ...
Greece: Finance Ministry to present plan for a single set of tax rates for all
February 1st, 2016
Greece: The Finance Ministry is set in the next few days to present creditors with the changes it is planning to introduce on 2016 income taxation. The measures being considered are to decrease the number of income brackets from ...
Russia holds key rate at 11% as economy lags
February 1st, 2016
Russia kept its interest rate steady on Friday but announced it wouldn’t rule out tightening monetary policy if inflation risks rise, after a month in which the ruble dropped to record lows as oil prices deteriorated. January marked a ...
BaFin has published a report on FinTechs: Young IT companies on the financial market
February 1st, 2016
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) of Germany, has published a report on the topic FinTechs: Young IT companies on the financial market. According to BaFin, an internal BaFin project group started work on the topic ...
Barclays, Credit Suisse Charged With Dark Pool Violations
February 1st, 2016
The latest update regarding the charges is that Barclays and Credit Suisse Agree to Dark Pools Settlements Barclays Plc and Credit Suisse Group AG agreed to settle allegations by New York’s top cop and the U.S. Securities and Exchange ...
Why Bitcoin Isn’t Dead
January 28th, 2016
Milo Yiannopoulos, the technology editor for Breitbart.com, a global news site for independent and conservative-leaning thinkers, admits he first believed the recent media coverage that bitcoin was dead due to Mike Hearn’s declaration that such was the case. But ...
China’s Gold purchases this year will exceed the entire holdings of all but about 20 countries worldwide
January 28th, 2016
China’s gold buying to top 200 tons this year, Barclays says Country seeks to diversify its reserves. China will press on with gold purchases this year and the central bank will probably scoop up more than 200 metric tons ...
China shares lower, but ‘real economy’ sound says state media
January 28th, 2016
China’s volatile shares were lower again on Thursday, taking losses this month to about 23 percent or 12 trillion yuan ($1.8 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai ...
Gold near 12-wk top as dollar slips ahead of Fed statement
January 27th, 2016
Fed expected to keep rates unchanged, cite gloomy global outlook Dollar weaker versus currency basket, Asian stocks subdued SPDR Gold holdings at highest since November Coming Up: Federal Reserve releases statement; 1900 GMT (Updates prices) Gold beamed near a ...
China shares tumble again, taking 2016 losses to $2 trillion
January 27th, 2016
Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index SSEC was down 3 percent in afternoon ...
