Search Results for: World Bank
Statement on Swiss Franc Movement
January 16th, 2015
Following yesterday’s exceptional market events due to the Swiss National Bank’s abandonment of its EURCHF floor, many brokers have experienced major losses in their trading book. IronFX Global Limited was not affected by these events due to our strong ...
Russia Abandons PetroDollar By Opening Reserve Fund
January 16th, 2015
2015 has not been good to Russia; the spread between Brent and WTI is gone in anticipation of US exports and both benchmarks have flirted with sub $45 prices. A hostage to such prices, the ruble has yet to ...
What the Swiss franc shock means for markets
January 16th, 2015
Dennis Gartman told CNBC the Swiss decision Thursday to abandon a key part of its monetary policy is the worst central bank move he’s ever seen. “This really is I think a silly decision on their part and it ...
Swiss Stocks Tumble, European Equities Rise After SNB
January 15th, 2015
Stocks in Switzerland tumbled, led by the nation’s exporters, while the Euro Stoxx 50 Index rose, after the Swiss National Bank (SNBN) unexpectedly ended its minimum exchange rate. The Swiss Market Index plummeted 8.7 percent at 2:14 p.m. in ...
Markets retreated while oil rebounded
January 15th, 2015
US stock market ended the session lower for the fourth consecutive day as a weaker than expected December retail sales report released before the start of trading sparked investor concern over the pace of US economic growth. As retail ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
The Currency Exchange Selects Quantifi for Counterparty Credit Risk Management for Emerging Market Currencies Derivatives
January 14th, 2015
Quantifi delivers sophisticated analytics for emerging market interest rates and FX derivatives Advanced models generate fast, accurate results Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced that The Currency Exchange (TCX) has selected Quantifi ...
Cinnober selected to receive EU funding for disruptive client clearing technology
January 14th, 2015
The European Commission recognizes need for real-time risk margining, multi-asset client clearing solution for the banking sector The European Commission has announced that Cinnober has been chosen to receive financial support to develop a real-time risk margining and multi-asset ...
Russian Assets Nearing Buying Range, Investment Adviser Says
January 14th, 2015
Russian assets are approaching levels where they would be attractive to buy, investment adviser Marc Faber — writer of the Gloom, Boom & Doom Report — said Tuesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis and ...
OPEC vs. U.S.: Who will blink first on oil?
January 14th, 2015
The Merriam-Webster dictionary offers this definition for the word capitulate: “to stop fighting an enemy or opponent; to admit that an enemy or opponent has won.” I’m not sure who oil companies are fighting, whether it’s oil traders, OPEC, ...
