Search Results for: Global Markets
Oil rises on potential Saudi Arabian output cut extension
April 12th, 2017
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and other producers to extend a production cut beyond the first ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
MOEX: Non-bank companies make first ever FX trades through direct market access
April 11th, 2017
Rosneft and Alrosa have become the first ever corporates to obtain direct market access (DMA) and trade on Moscow Exchange’s FX Market. From 16 January 2017, Russian legal entities not qualified as credit institutions or professional market participants have been eligible ...
Nasdaq Dubai to launch ‘Market Site’
April 10th, 2017
Venue in DIFC will be centre for thought leadership and television news reporting Market Site will strengthen communication between region’s financial ecosystem and rest of the world Nasdaq Dubai, the region’s international stock exchange, today announced it will create ...
Bats Welcomes New J.P. Morgan Asset Management Fund to Bats ETF Marketplace
April 10th, 2017
Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded fund (ETF) trading globally, today welcomed a new J.P. Morgan Asset Management fund to the Bats ETF Marketplace. The J.P. Morgan Global Bond Opportunities ETF (Bats: JPGB) ...
Oil prices firm on strong demand, political uncertainty in Syria
April 10th, 2017
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in U.S. drilling activity kept a lid on gains. Brent crude futures, the international benchmark for oil, were at $55.28 per ...
IBM Launches Blockchain Platform for US Oil Trade
April 7th, 2017
Technology giant IBM has developed a blockchain trade finance platform alongside a bank and a commodity trading house to settle deals using the blockchain solution. Singaporean commodities trading house Trafigura and French bank Natixis join IBM in the innovative ...
What economists expect to benefit the UAE economy this year
April 6th, 2017
Robust global trade growth to benefit UAE economy in 2017 Recovery in global trade flows combined with improving demand conditions in the GCC markets, especially Saudi Arabia, is expected to benefit the UAE economy this year, according to economists. ...
Monex Group released business metrics of March
April 6th, 2017
Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business metrics of its subsidiaries in March 2017. (Notes) 1. DARTs stand for Daily Average Revenue Trades meaning the number of trades ...
Oil prices fall on record U.S. crude stocks, rising production
April 6th, 2017
Oil prices fell on Thursday as record U.S. crude inventories underscored that crude markets remain bloated, despite efforts led by OPEC to cut output and prop up prices. Brent crude futures, the international benchmark for oil, were at $54.07 ...
