Search Results for: Pound
Oil prices fall as Asia’s leading economies slow further
September 10th, 2015
Oil prices fell on Thursday as weak Japanese and Chinese economic data fueled concerns that low levels of investment could further erode already slowing global growth. Japan’s core machinery orders fell 3.6 percent in July, official data showed, much ...
Former Citi trader tells court information-sharing was common practice: Update
September 9th, 2015
A former Citigroup foreign exchange trader claiming unfair dismissal after a currency rigging scandal told a London court on Tuesday that the activities for which he was fired were common practice at the U.S. bank at that time. Perry ...
IG says 15 clients have filed Swiss franc cases with UK ombudsman
September 9th, 2015
Around 15 IG Group clients have filed cases with Britain’s Financial Ombudsman over losses incurred during a surge in the value of Swiss Franc in January, the online trading platform’s interim chief executive told Reuters on Tuesday. IG has ...
JP Morgan to stop open outcry trading on London Metal Exchange
September 8th, 2015
U.S. bank JP Morgan (JPM.N) is quitting open outcry trading on the London Metal Exchange after cutting back on its commodity business, a move that also shows the increasing importance of electronic dealing in metals. The change, announced by ...
The Elite Have Prepared For The Coming Collapse – Have You?
September 7th, 2015
Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this ...
New Details on Flash Crash Trader Legal Case
September 7th, 2015
Flash Crash Trader E-Mails Show Spoofing Strategy, U.S. Says Failed orders are `costing me,’ Sarao said to tell programmer Indictment’s new details seen bolstering U.S. extradition case The British day trader accused of contributing to the 2010 flash crash ...
Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing
September 2nd, 2015
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game of chess on his iPad during the plane ride back to ...
City Legal Index suggests UK recovery may stall
August 31st, 2015
The Law Society City Legal Index for the first half of 2015, published in partnership with Legal Monitor every six months, has been released. The index tracks publicised business deals facilitated by the top 50 UK law firms and ...
U.K. Looks to Relax Money Laundering Rules to Help Businesses
August 31st, 2015
The U.K. government said it will look to relax anti-money laundering controls as part of a plan to save British companies 10 billion pounds ($15.4 billion) over the next five years. Britain will look at ways to make the ...
Economics of a crash
August 31st, 2015
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving their diminishing ...
