Search Results for: U.S. interest rates
Ryan Tax Plan Cuts Corporate Rate to 20% to Stem Inversions
June 27th, 2016
U.S. corporations would get the largest federal income-tax rate cut in history, and their foreign earnings would no longer face domestic taxes when they return to the U.S. under a plan that House Republicans unveiled Friday. The changes would ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
June 16th, 2016
The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge ...
Yen Surges as BOJ Maintains Policy; Asian Stocks Sink With Oil
June 16th, 2016
Fed scaled back rate-hike outlook, saying Brexit a concern Kiwi strengthens on GDP data as gold rallies with silver The yen soared and Japanese stocks tumbled after the nation’s central bank refrained from easing monetary policy. Shares elsewhere in ...
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
European stocks seen higher, focus switches to US jobs
June 3rd, 2016
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike this month. The FTSE opened 0.5 percent higher, the German ...
Interactive Brokers Group Reports Brokerage Metrics for May 2016
June 2nd, 2016
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for May. Highlights for the month included: 641 thousand Daily Average Revenue Trades (DARTs), 4% higher ...