Search Results for: SIX
A Former Credit Suisse Banker Has Pleaded Guilty in an U.S. Offshore Tax Case
July 20th, 2017
A former Credit Suisse Group AG banker from Switzerland pleaded guilty on Wednesday to participating in a wide-ranging scheme to help Americans hide millions of dollars in offshore accounts to evade U.S. taxes. Susanne Rüegg Meier, a former manager ...
Dollar extended losses; The euro jumped
July 18th, 2017
Asian shares, dollar slip as passage of U.S. healthcare bill doubtful Asian shares stepped back from more than two-year highs on Tuesday and the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors ...
Speculators Sour On Gold And silver, Which Means The Bottom Is Near
July 14th, 2017
The stars — in the form of smart and dumb money futures contract positions — have once again lined up favorably for precious metals. Here are those positions for gold and silver as of Tuesday the 4th. Notice that ...
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
Oil prices stable as strong Chinese demand eases concern of ongoing glut
July 13th, 2017
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate ...
The Pound to Euro Rate Could Now go Down to 1.10
July 13th, 2017
Pound Sterling was seen staging an impressive recovery against the Euro but what will it take to turn us bullish on the currency’s prospects? Over the course of the past 24 hours Pound Sterling has fallen through a significant ...
Barclays and former executives charged with fraud conspiracy
July 3rd, 2017
Ex-CEO John Varley, Roger Jenkins among four men charged Charges relate to Barclays’s 2008 capital raising with Qatar Barclays Plc and four former executives will appear in a London court for the first time Monday to face allegations they ...
Plus500 released that current trading significantly ahead of market expectations
July 3rd, 2017
Plus500, an online service provider for retail customers to trade CFDs internationally, has issued today a press release to publish a half year trading update. According the announcement: Plus500 today announces that following the announcement made on 2 June ...
Asian stocks held two-years highs on Monday
July 3rd, 2017
Asian stocks start new month on firm footing, bonds under pressure Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectations of credit tightening by the world’s ...
Malaysia and Australia seal agreement on fintech cooperation
June 29th, 2017
On 27 June 2017 the Malaysia Securities Commission (‘SC’) and ASIC signed a Co-operation Agreement which provides a framework for cooperation to support and understand financial innovation in each economy. Malaysia is a vibrant fintech destination. In 2015, Malaysia ...
