Search Results for: LSE
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Oil Speculators Most Bullish in Two Months as OPEC Calls for $80
September 21st, 2015
U.S. crude output seen falling the most since 1989 next year Almost 15,000 short oil bets closed out before Fed decision Hedge funds slashed their bets on falling oil prices, leaving them the most bullish in two months ...
NFA permanently barred firms from commodity trading advisor and pool operator membership
September 21st, 2015
NFA bars Burnet, Texas firm McElhannon Group from membership National Futures Association (NFA) has permanently barred the McElhannon Group, Inc. (McElhannon Group), an NFA Member commodity trading advisor, from membership and from acting as a principal of an NFA ...
Why The Big Banks Want Higher Interest Rates
September 21st, 2015
Something strange is happening in the banking business. In theory, a low interest rate environment is good for banks because it allows them to borrow money for next to nothing and lend it to auto or home buyers for ...
Gold remains money
September 18th, 2015
We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our ...
The Next Financial Crisis Won’t be Like the Last One
September 16th, 2015
It seems increasingly likely the next Global Financial Meltdown will arise in the FX/currency markets. Central banks are like generals: they tend to fight the last war. The Great Financial meltdown of 2008 was centered in too big to fail, too ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
CFTC Charges Hannes Tulving, Jr., through his company for a $17.8 Million Precious Metals Scheme
September 15th, 2015
At Least 381 Customers Nationwide Allegedly Defrauded in the Scheme The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil Complaint against Defendants Hannes Tulving, Jr. of Newport Beach, California, and his company, The Tulving Company, Inc., charging them with ...
EY reports 2015 global revenues up by 11.6%
September 15th, 2015
Fastest growth since 2008 with revenues up by 11.6% in local currency Growth across all four service lines and four geographic areas Emerging market practices’ revenue up by 12.3% Developed markets’ growth led by the US, UK, Germany, Australia ...
Asian Markets Brace for Fed Decision
September 15th, 2015
Stocks in Shanghai deepened losses ahead of possible U.S. rate increase Shares in Japan pared gains after the Bank of Japan tempered its assessment of the country’s economy, while elsewhere, China led markets lower ahead of a decision on interest ...
