Search Results for: US Dollar
U.S. oil extends gains on stock-draw, Brent lags with Asian economies
September 16th, 2015
U.S. oil prices extended gains in Asia on Wednesday on an unexpected stockpile draw and higher gasoline prices, while international crude markets were weaker on the back of low Asian economic growth expectations. Front-month U.S. West Texas Intermediate (WTI) ...
Asian Stock Markets Bounce Back
September 16th, 2015
Regional markets come off multiyear lows ahead of Federal Reserve meeting Most markets in Asia climbed back from their lowest levels in years on Wednesday, ahead of an announcement from the U.S. Federal Reserve on whether it would raise ...
SEC Obtains $30 Million From Traders Who Profited on Hacked News Releases
September 15th, 2015
Litigation Continues Against 32 Other Defendants in Alleged $100 Million Scheme The Securities and Exchange Commission today announced that Ukrainian-based Jaspen Capital Partners Limited and CEO Andriy Supranonok have agreed to pay $30 million to settle allegations they profited ...
UBS reveals its interest in Sidechains as well as Ethereum
September 15th, 2015
There is an air of confidence about UBS at this time concerning the bank’s exploration of distributed ledger technology and smart contracts. Recently, UBS demonstrated how a bond could be automated on a blockchain, the shared ledger system similar ...
China’s currency could double losses this year – economists
September 15th, 2015
Watch out! China’s currency is likely to tumble further before the end of the year, according to a CNNMoney survey of economists. The yuan, also called the renminbi, is expected to slide another 2.8% against the U.S. dollar by ...
PBOC opens onshore fx market to central banks
September 15th, 2015
The People’s Bank of China said Monday it would allow foreign central banks to trade in the country’s foreign-exchange market, echoing a promise made by Chinese Premier Li Keqiang at the World Economic Forum last week. The central bank ...
Asian Markets Brace for Fed Decision
September 15th, 2015
Stocks in Shanghai deepened losses ahead of possible U.S. rate increase Shares in Japan pared gains after the Bank of Japan tempered its assessment of the country’s economy, while elsewhere, China led markets lower ahead of a decision on interest ...
China Stocks Pull Asian Markets Lower
September 14th, 2015
Investors are concerned about both a slowdown in China and this week’s U.S. Federal Reserve meeting China shares finished lower in tumultuous trading Monday, as weak data on Chinese factory output pulled prices down despite apparent efforts by Beijing ...
Big Banks Agree to Settle Swaps Lawsuit
September 14th, 2015
Dozen banks, Markit and International Swaps and Derivatives Association to pay combined $1.87 billion Wall Street’s biggest banks have agreed to a tentative settlement over allegations that they conspired to rig the market for credit derivatives. Twelve banks and ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
