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Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%

March 31st, 2016 (0)
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...

DCCC expands Collateral Basket to include major G6 currencies

March 30th, 2016 (0)
The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold & Commodities Exchange (DGCX), on Monday announced that Clearing members will now be able to deposit cash collateral to the Corporation in the form of ...

India to OPEC: We’ll take that extra oil you’re pumping

March 30th, 2016 (0)
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...

Financial Policy Committee statement from its policy meeting, 23 March 2016

March 29th, 2016 (0)
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system.  In doing so, its aim is to ...

Icap Plc: Last update on Tullett Prebon plc

March 28th, 2016 (0)
Further to the announcements by ICAP on 11 November 2015 relating to ICAP’s agreement of definitive terms to dispose of its global hybrid voice broking and information business to Tullett Prebon plc (the “Transaction”) and on 1 March 2016 ...

Wall Street closes flat to end five-week rally

March 25th, 2016 (0)
Wall Street snapped a five-week winning streak on Thursday, with the three major indexes closing mostly flat, as a strengthening dollar weighed on commodity-related shares. The Dow Jones industrial average rose 13 points, or 0.08%, to 17,516, the S&P ...

China’s yuan to face pressure if dollar rises sharply: c.bank adviser

March 25th, 2016 (0)
China’s yuan will come under renewed downward pressure if the U.S. dollar rises significantly in coming months, a policy adviser to the People’s Bank of China said on Friday. Huang Yiping, a professor at Peking University and a member ...

How was the business activity in Eurozone the first three months of 2016

March 24th, 2016 (0)
Euro zone businesses end first quarter on brighter note March flash euro zone composite PMI 53.7 * Composite PMI above all forecasts in Reuters poll * Firms cut prices again this month * German surveys show sentiment improved in ...

Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel

March 24th, 2016 (0)
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that traders warned could cut short the market’s two-month long rally. ...

Asia markets slip amid Fed concerns, oil fall

March 24th, 2016 (0)
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...
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