Search Results for: US Dollar
Top Stories of the day July 06
July 6th, 2015
1. The result of the referendum in Greece is a great victory for freedom, but it is also threatens to unleash unprecedented economic chaos all across Europe. Greek Prime Minister Alexis Tsipras is promising that Greece will be able ...
Saudi banks unruffled by Greece-euro crisis
July 6th, 2015
Saudi Arabia‘s banking system remains largely insulated from the ongoing events in the euro zone, with high levels of liquidity and solid capitalization ratios, say top economists in the Kingdom. Their reaction came as early results from the referendum ...
Greece No vote: Oil prices tumble
July 6th, 2015
Oil prices fell sharply early on Monday after Greece rejected austerity measures demanded in return for bailout money and as China rolled out an unprecedented series of steps to prevent a full-blown stock market crash. The result of the ...
Stocks, euro staggered by Greece; China rescue in doubt
July 6th, 2015
Asian stocks hit a six-month trough and the euro stumbled on Monday after a Greek vote against austerity measures endangered its future in the single currency and raised the risk of a full-blown crisis in the euro zone. A ...
What If You Had An Italian Bank Account? Or A Portuguese Bond?
July 3rd, 2015
Though it might yet drag on for weeks, months or even years, Greece’s drama can end in one of only two ways: Continued austerity which consigns its most vulnerable 50% to an endless “capital D” Depression, or some form ...
CME Group Volume Averaged 14.6 Million Contracts
July 3rd, 2015
CME Group Volume Averaged 14.6 Million Contracts per Day in June 2015, Up 15 Percent from June 2014 Includes monthly records in Agricultural Commodities and Weekly Treasury Options Agricultural commodities average daily volume rose 48 percent Foreign exchange (FX) ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
China stocks plunge as market rout deepens
July 3rd, 2015
China‘s main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece‘s weekend austerity referendum. KEEPING SCORE: The Shanghai Composite Index in mainland China ...
FINRA Sends Rebates to Brokers after Record Profits
July 2nd, 2015
While commissions growth has been fairly stagnant over the last few years, Wall Street brokers’ efforts to cut costs have yielded record profits. And now they are getting a refund of sorts. The Financial Industry Regulatory Authory (FINRA), the ...
There’s a simple solution to Greece’s problems, but Europe won’t try it
July 2nd, 2015
An interview by Ezra Klein Adam Posen is president of the Peterson Institute for International Economics and, like every international economist right now, he’s glued to the drama in Greece. There is, he says, a simple solution to the ...
