Search Results for: World Bank’s
“Time to Sell” Pound Sterling v Dollar and Euro say BofAML Exchange Rate Strategists
July 26th, 2017
It’s “time to sell GBP” says Athanasios Vamvakidis, a foreign exchange strategist with Bank of America Merrill Lynch Global Research in a note to clients released ahead of the new week. The call by Vamvakidis comes as momentum against ...
Yen little change, Pound increased, Euro flat, Asia Stocks advanced; Investors Review
June 26th, 2017
Fed officials, ECB’s Draghi are due to speak this week Global stocks near all-time highs as tech continues rebound Asian stocks advanced as technology shares continued a recovery and oil climbed for a third straight session after entering a ...
Dollar holds advance; Japanese shares climbed to the highest since August 2015
June 20th, 2017
Dollar holds advance after Fed’s Dudley comments on rates path Hong Kong stocks erase gains before MSCI decision on A-shares Asian stocks advanced as technology shares continued a rebound and hawkish comments from a Federal Reserve official allayed concerns ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Bitcoin Alert: New All-Time High For The Cryptocurrency
June 6th, 2017
Bitcoin hit new all-time highs on several exchanges, rising to $2800 in Asian trading, just two weeks after a painful 30% decline that carried BTC’s price below $2000. The most valuable cryptocurrency is up more than three-fold since hitting ...
Asia Stocks Rally as Nikkei Tops 20,000; Yen Slips: Markets Wrap
June 2nd, 2017
Japan leads Asian equities after fresh record for S&P 500 All eyes now turn to monthly U.S. jobs report on Friday Asian stocks rallied, with the Nikkei 225 Stock Average topping 20,000 for the first time since 2015, as ...
Euro to Pound: Analysts of global financial firm eye breaking of £0.90
June 1st, 2017
EUR / GBP Outlook: Morgan Stanley Eye Breaking of £0.90 Expect the Euro to make further gains against the British Pound say analysts at one of the world’s largest investment banks. “We are buyers of most EUR crosses, helped ...
Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap
May 30th, 2017
China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the euro slipped with emerging currencies after Mario Draghi’s dovish message to ...
ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses
May 19th, 2017
ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and ...
Goldman Sachs Sees Big Potential for Fintech in Brazil
May 16th, 2017
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...
