Search Results for: Global gold
J.P. Morgan Executives Say Regulators Should Approve IEX as Exchange
March 23rd, 2016
The country’s largest bank is siding with upstart market IEX Group Inc. in its effort to create a new stock exchange that pledges to be a haven for long-term investors. Executives at J.P. Morgan Chase & Co. say regulators should approve IEX’s ...
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 ...
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? ...
CME Group Announces Agreement to Sell Aurora, Ill. Data Center to CyrusOne
March 16th, 2016
CME Group to Maintain Co-Location Services and Lease Back Data Center Space; CyrusOne to Expand Preeminent Financial Services Co-location Hub CME Group today announced that it has entered into a definitive agreement to sell its suburban Chicago data center in Aurora, Ill. to CyrusOne, Inc., ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
Asia trades lower, with Shanghai off 2.9%, Nikkei lower by 1.3%
March 9th, 2016
Most Asian markets stumbled Wednesday, with China shares dropping sharply, as analysts pointed to renewed concerns about the mainland’s economy following lower-than-expected trade data for February. The Shanghai composite dropped 2.9 percent, while the Shenzhen composite fell 2.22 percent. Elsewhere, the Japanese benchmark Nikkei ...
Oil at 2016 high above $40 per barrel after producer price support talk
March 8th, 2016
Global oil markets jumped more than 5 percent on Monday, with Brent hitting a 2016 peak above $40 a barrel, after Ecuador said it was holding a meeting of Latin American crude producers as OPEC sought a higher anchor ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
Major Asian markets retreat, with Shanghai down 1.4%
March 4th, 2016
Major Asian markets lost their positive momentum on Friday, largely ignoring another upward finish on Wall Street overnight. Japan’s benchmark Nikkei 225 was flat, while South Korea’s Kospi was down 0.14 percent. Chinese markets were also lower, with the Shanghai composite down 1.36 percent and ...
Bitcoin Technology Tested In Trial By 40 Big Banks
March 3rd, 2016
The technology behind Bitcoin is starting to make progress on Wall Street. By December, financial technology company R3 CEV had brought together a consortium of 42 banks to create standards and protocols for using blockchain technology in financial services. ...
