Search Results for: Markets
What type of liquidity does Cyprus need?
December 9th, 2014
There has been a lot of discussion recently, especially after the successful outcome from the stress tests of our main banks, that it’s time for the banks to start offering liquidity to the market to fund growth in our ...
New strategic approach to ensure “sharper focus” to regulatory challenges ahead
December 9th, 2014
The FCA’s remit is far ranging and challenging with the recent additional responsibility for regulating consumer credit meaning the number of firms that now come under the FCA has trebled over the past eighteen months. The approach is shaped ...
Tuesday December 9: OSB Daily Technical Analysis – Currency pairs
December 9th, 2014
OSB Daily Technical Analysis for December 9, 2014 EURUSD sell off found support at new low of 1.2247 prior to bouncing back up above the 1.23 handle to finish the day on a positive note. Resistance at the 1.2360-1.2400. ...
SNB Threatening Negative Rate Awaits Draghi’s Next Move
December 9th, 2014
Swiss National Bank officials have their eyes on one man: Mario Draghi. The prospect of the European Central Bank intensifying stimulus by purchasing government bonds has weakened the euro, pushing the franc to within 0.2 percent of the SNB’s ...
Russia Economic Pain Spreads as UBS Cuts Seven Stocks
December 9th, 2014
Russia’s worsening economic crisis is spreading through its corporate bond and stock markets as a tumbling ruble and plunging growth erode confidence in companies recently seen as able to withstand the turmoil. UBS AG cut stock ratings for seven ...
Yen benefits from falling oil prices; commodity currencies slide
December 9th, 2014
The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short positions in the Japanese currency. Commodity currencies extended their recent losses, with the Australian dollar setting a four-year low, while ...
America: The best place to put your money
December 8th, 2014
If you slept through the past five years, you missed a helluva ride for the American stock market. Not only did U.S. equities trounce their depressing performance from last decade, but they left all other major markets in the ...
Accounting watchdog warns retailers after Tesco scandal
December 8th, 2014
British retailers must provide clear information to investors about their income from suppliers, the country’s accounting watchdog said on Monday as it investigates a book-keeping scandal at leading supermarket Tesco (TSCO.L). Tesco has admitted overstating half-year profits by 263 ...
FXecosystem Extends FX Connectivity to Moscow Exchange
December 8th, 2014
FXecosystem Inc, the leading provider of outsourced connectivity services to the FX market, has extended its network by adding connectivity to Moscow Exchange (MOEX). This latest development from FXecosystem means that banks and brokers can benefit from having a ...
European Stocks Fall From 2008 High; Sika, Saint-Gobain Plunge
December 8th, 2014
A slump in construction companies sent European stocks down after a four-week rally. The Stoxx Europe 600 Index slid 0.4 percent to 349.75 at 9:34 a.m. in London after a 1.1 percent increase last week propelled it to its ...
