Search Results for: US Dollar
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
ICAP plc – Trading Statement
February 10th, 2015
Positive momentum in new Electronic and Post Trade initiatives Activity on EBS increased significantly as FX market volatility rose sharply Global Broking impacted by a reduction in bank client activity Cost savings programme remains on track ICAP plc (IAP.L), ...
Apple Goes Ahead With Swiss Franc Bond Sale
February 10th, 2015
Deal Will Be Apple’s Second Bond Sale Outside of the U.S. Apple Inc. was poised to complete a Swiss-franc bond sale on Tuesday, taking advantage of the country’s record-low borrowing costs. The company was seeking to raise at least 1 ...
Central Banks Move to Drive Down Currencies, Yielding Domino Effect
February 9th, 2015
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone to China, Australia and Canada—have taken steps that have driven ...
HSBC files show how Swiss bank helped clients dodge taxes and hide millions (Video)
February 9th, 2015
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of dollars of ...
Bottom Line for S&P 500 Is Top Line as Price-Sales Ratio Expands
February 9th, 2015
The bottom line for this bull market may turn out to be the top line. After a six-year run in the Standard & Poor’s 500 Index, corporate revenue, not corporate profits, is flashing red. Judged against sales, the index ...
Computer-Driven, Automatic Trading Strategies Score Big
February 6th, 2015
So-Called Quant Traders Take Advantage of Volatility ‘These are the best conditions we’ve seen since 2008,’ says Roy Niederhoffer Recent market volatility caught many investors flat-footed. Among the few winners were traders who let a computer be their guide. ...
It Is About To Get Ugly: Oil Is Crashing And So Is Greece
February 5th, 2015
The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown. What a difference 24 hours can make. ...
Markets mixed as oil plunge resumes
February 5th, 2015
US stocks pulled back on Wednesday on the backdrop of resumed slide in oil prices and news that European Central Bank will no longer accept Greek bonds as collateral. Energy, utilities and health-care stocks led the losses, with six ...
UBS Faces a New Tax-Evasion Probe
February 5th, 2015
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash Federal prosecutors have launched a new probe into whether Swiss bank UBS AG helped Americans evade taxes through investments largely banned in the U.S., according to people familiar with ...