Search Results for: GAIN capital
Advice to the Prime Minister/President
November 19th, 2015
Your country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists. PM: You two economists have different views on what our economic ...
Egypt’s new central bank chief faces bitter pill of currency devaluation or IMF aid
November 19th, 2015
Spare a kind thought for the travails that Tarek Amer, the newly appointed governor of Egypt’s central bank, will be facing when he formally takes up his post on November 27. He could have had no illusions how disastrous ...
Greek banks: Recap offers are oversubscribed
November 19th, 2015
Greece: Banks National and Alpha are likely to announce the successful completion of their share capital increases on Thursday, following Eurobank’s announcement on Wednesday to the same effect, while Piraeus is keeping its book of offers open. It is ...
Fear Spreads as China’s Finance Firms Face Arrests
November 18th, 2015
“People are worried” as hedge funds, traders, CSRC targeted At least 16 connected to finance world caught up in crackdown The high-drama highway arrest of a prominent hedge fund manager. Seizures of computers and phones at Chinese mutual funds. The investigations ...
Weird Trading Traditions
November 18th, 2015
In a profession where every stone is unturned and traders spend hours evaluating every outcome it would seem odd that traditions and superstitions could be prevalent. Just like in any business, traders will go against the grain and ...
Barclays, HSBC, Royal Bank of Scotland ‘at risk of further penalties’
November 17th, 2015
Investigations into financial crisis conduct show ‘no signs of abating’, warns Moody’s Major banks have now set aside $219bn (£144bn) to pay fines and legal costs since the financial crisis. Ratings agency Moody’s, which calculated the vast provisions, ranked ...
The declining interest rate cap
November 17th, 2015
Believe it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part they just assume that an interest rate is the cost of money, the price of ...
U.S. Stocks Rally, Led by Energy Sector
November 17th, 2015
Traditional haven investments such as gold and government bonds tick higher Markets broadly shook off concerns stemming from the deadly terror attacks in Paris, even as oil prices rose on the prospect of greater violence in the Middle East. ...
5 Ways The Paris Attacks Could Hit Europe’s Economy
November 16th, 2015
The consequences could be far-reaching–and not just negative. It is, of course, far too early to do anything more than speculate. But common sense says that there must be consequences for business and for the European economy from the ...
Terrorism, Climate Rift, Putin-Obama and Merkel: The G-20 So Far
November 16th, 2015
World leaders’ meeting in Turkey overshadowed by Paris attacks Official agenda turns to economic growth, finance and jobs Group of 20 leaders gather on Monday for a second day of talks in Turkey, yet the world’s eyes remain on Paris. ...
