Search Results for: London Capital Group
Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt
November 27th, 2014
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds
November 20th, 2014
Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses to gain unfair trading advantages and dominate markets, according to a U.S. Senate investigation. In a report on Goldman Sachs Group Inc., ...
Cheap-Oil Era Tilts Geopolitical Power to U.S.
November 20th, 2014
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America ...
Pound Falls a Fourth Day as Carney Signals Disinflation Risks
November 17th, 2014
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation is slowing. U.K. government bonds rose along with Treasuries, pushing 10-year gilt ...
Singapore Returns Up to $9 Billion to Banks in Rate Probe
November 7th, 2014
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...
Sterling Lads Chats Show FX Traders Matching Fix Orders
October 30th, 2014
“Any fix quid?” a currency trader at Barclays Plc asked a counterpart at HSBC Holdings Plc at 2:25 p.m. on June 23, 2011. “Get 50 cable on fix,” he said as he tried to sell British pounds. “Nothing as ...
Alpari Trading Volumes Reach $217 Billion in September
October 23rd, 2014
The Alpari group of companies have announced trading volumes in excess of $217 billion for 1-30 September 2014. Forex, precious metals and commodity trading proved particularly robust during September. Comprehensive analysis of the Scottish referendum – which included Bloomberg ...
Coinfloor to launch bitcoin fund and trade in broader range of currencies
October 20th, 2014
Coinfloor, the London-based bitcoin exchange, is opening up to a wider range of currencies, according to the FT. It will also raise money from its investors to launch a bitcoin fund next month, taking the company’s value up to ...
The Rise and Fall of the Cypriot Economy (Part 1)
October 16th, 2014
Part 1 – Blue Skies, Growth & Wealth Development The Cypriot economy has had its fair share of ups and downs over the past 60 years since the island gained independence from the United Kingdom. The purpose of this ...
