Search Results for: Global Markets
Statement by Glenn Stevens, Governor of RBA: Monetary Policy Decision
September 1st, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, ...
China’s Economic Woes Jeopardize Putin’s Pipeline, Energy Trade Between Russia, China
August 28th, 2015
For the past decade, Russian President Vladimir Putin has been putting plans in place to free Russia from energy dependency on European markets with a series of projects that aim to capitalize on the economic clout of China. But ...
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
Gold coasts along as stocks perk up, possible Fed hike delay supports
August 27th, 2015
Gold in tight range after three-day slide Fed’s Dudley says Sept rate rise “less compelling” Coming up: U.S. Q2 GDP second estimate at 1230 GMT (Adds analysts’ comments, updates prices) Gold steadied on Thursday after suffering its biggest fall ...
China stocks slip as rate cut fails to convince investors
August 26th, 2015
China‘s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing’s ability to jolt the world’s second biggest economy out of its slowdown. After watching share prices tumble ...
Nasdaq poised to launch FX trading platform: top executive
August 26th, 2015
Nasdaq (NDAQ.O) is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said. ...
Oil recovers but still ends near 6-1/2-year lows
August 26th, 2015
U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. crude last week Coming Up: EIA inventory data on Wednesday ...
China shares rise amid sharp volatility
August 26th, 2015
Chinese shares were up amid volatile trade as traders gauge the effect of a fresh rate cut by the central bank. The mainland’s benchmark Shanghai Composite was 3.1% higher at 3,054.97, recovering from early morning losses. The index had ...
China Cuts Interest Rates for Fifth Time in Bid to Stem Rout
August 25th, 2015
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the biggest stock market rout since 1996 and a deepening economic ...
China stocks slump again in absence of government support; Hong Kong rebounds
August 25th, 2015
China stocks slumped about 4 percent on Tuesday, touching eight-month lows, as investors dumped shares after a grim “Black Monday” that battered global markets but failed to prompt fresh rescue measures from Beijing. After opening 6.4 percent lower, the ...
