Search Results for: SIX
Weekly Market Review: Dollar exchange rate in the world markets – Video
December 19th, 2014
Dollar exchange rate in the world markets Let us review the economic events of the last week. Last week the dollar slumped significantly. There was no especially disappointing news on the US economy. But some concerns arose on Tuesday: ...
Global crude oil prices slump further as traders bet on sell-off
December 19th, 2014
Global crude oil prices slumped further on Thursday, as traders placed fresh bets that the market would resume a six-month sell-off on worries about a supply glut. Benchmark Brent and US crude tumbled $2 a barrel each in late ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
UK Government to resume sell-off of its stake in Lloyds Banking Group
December 18th, 2014
The government is to resume the sell-off of its stake in Lloyds Banking Group over the next six months, potentially disposing of a further £3bn worth of shares in the run-up to the general election. Chancellor George Osborne took ...
Who Are the Winners of Russia’s Ruble Meltdown?
December 18th, 2014
The Russian ruble‘s spectacular falls this year have been relentlessly portrayed as bad news. But with the ruble now down some 45 percent against the U.S. dollar since January, are there no winners? Companies that produce in Russia but sell abroad are bound ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
European shares resume slide as Russia fears persist
December 17th, 2014
European shares fell in early trading on Wednesday, reversing part of the previous day’s tentative bounce, hurt by a further drop in oil prices and Russia’s brewing financial crisis. At 0807 GMT, the FTSEurofirst 300 index of top European ...
An alternative oil investment that hinges on infrastructure needs
December 15th, 2014
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the ...
Crashing crude may blow a $1.6 trillion hole in the global oil sector, annually
December 15th, 2014
Talk about an oil spill. The spectacular unhinging of crude oil prices over the past six months is weighing mightily on the U.S. stock market. And while it may be too early to abandon all hope that the market ...
Boiler room fraudsters ordered to pay £843k
December 15th, 2014
Two men involved in a £70 million boiler room fraud have been ordered to pay £843,000 between them after being found guilty of conspiracy to defraud. In 2010 Philip Morris and Daniel Gooding were among the nine fraudsters found ...
