Search Results for: GAIN capital
Chinese Brokerages Rally on Revived Support for Margin Trading
March 21st, 2016
State finance agency to resume offering shorter-dated loans Everbright Securities among firms that jumped by daily limit Chinese brokerages rallied after policy makers loosened controls on margin lending, which helped fuel last year’s stock-market boom. Everbright Securities Co. was ...
Oil prices jump to $40
March 18th, 2016
Crude oil is back from the dead — for now at least. Oil prices jumped to $40 a barrel on Thursday for the first time since early December. The milestone marks a dramatic 54% spike in the span of ...
Saudi Arabia Said to Join Mid-April Oil Producer Meeting in Doha
March 17th, 2016
Crude prices have risen more than 30% since freeze proposed Qatar meeting would seek more commitments to cap production Saudi Arabia will join a meeting of producers from within and outside OPEC in Doha next month, adding weight to ...
Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme
March 17th, 2016
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s comfortable cash position and strong debt management, which limit refinancing ...
The Rats Keep Pressing The Bar: Two Amazing Stories, One Inevitable Result
March 17th, 2016
Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of central bankers and mainstream economists: Slightly-negative interest rates didn’t lead people to borrow more? ...
Shareholders of J.P. Morgan and Citigroup will vote about the potential the banks break up into smaller pieces
March 17th, 2016
The proposal will be included in the banks’ proxy filings at the request of a shareholder activist Shareholders of J.P. Morgan Chase & Co. and Citigroup Inc. will get to vote later this year on one of the most ...
SNB:Monetary policy remains expansionary
March 17th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the three-month Libor remains at between –1.25% and –0.25%, and interest on sight deposits at the SNB is unchanged at –0.75%. The Swiss franc ...
Why Latin American economies are turning to bitcoin
March 17th, 2016
The economic prospects for Latin America in 2016 are grim. With political instability in some of the region’s largest economies, as well as a general slump in prices in oil and other commodities, businesses and consumers are facing a depression and, in the ...
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
Asia markets mostly up on Fed, Nikkei falls on stronger yen
March 17th, 2016
Most Asian markets advanced Thursday as investors cheered new clarity from the Federal Reserve and a rise in oil prices, but Japan shares lost ground as the yen strengthened. The Fed left rates unchanged at between 0.25 percent and 0.5 percent ...