Search Results for: Global Markets
Oil prices drop 3 percent as investors retreat from overnight gains
September 1st, 2015
Oil prices fell nearly 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent in the previous session. Both Brent and U.S. crude prices ...
U.S. Currency Probe Expands to Russia, Brazil Trades
September 1st, 2015
U.S. prosecutors have expanded their probe of currency-market manipulation by some of the world’s largest banks to include the Russian ruble and Brazilian real, according to two people familiar with the matter. The Justice Department is using cooperation agreements ...
Japan Exchange Group will strenght Market Monitoring of Cross-border Transactions
August 31st, 2015
Japan Exchange Regulation (JPX-R) has issued a press release to announce that it will establish an International Surveillance Office to Strengthen Market Monitoring of Cross-border Transactions. The office will also study regulations and trends outside Japan regarding unfair trading ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
City Legal Index suggests UK recovery may stall
August 31st, 2015
The Law Society City Legal Index for the first half of 2015, published in partnership with Legal Monitor every six months, has been released. The index tracks publicised business deals facilitated by the top 50 UK law firms and ...
Economics of a crash
August 31st, 2015
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving their diminishing ...
Why So Much Oil Price Volatility? Blame The Speculators
August 31st, 2015
Oil prices crashed last week only to rebound at lightning speed. On August 28, oil prices surged 10 percent, the largest one-day gain in seven years. So, what happens next for oil prices? On the face of it, the ...
Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound
August 31st, 2015
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in ...
Gold price likely to average $1,025 an ounce this year
August 31st, 2015
UAE dirham continues to rise against other currencies as US dollar picks up strength Gold’s retail prices in Dubai continued to hold steady on Sunday although analysts are expecting the bullion to resume its weakness following the recovery of ...
Shanghai Composite widens losses as US futures tank
August 31st, 2015
Mainland equities lost as much as 3.7 percent on Monday while Dow futures tanked more than 200 points on reports that Beijing may finally halt its controversial market intervention. A report by The Financial Times over the weekend said that Beijing will abandon large-scale share ...
