Search Results for: assets
Nerves ahead of US jobs bring down Asian stocks
September 4th, 2015
Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve‘s decision about when to lift interest rates. A ...
Draghi Unveils Revamped QE Program as ECB Downgrades Outlook
September 4th, 2015
ECB president says risks to growth remain on the downside Says inflation rate may turn negative in the coming months Mario Draghi unveiled a revamp of quantitative easing and signaled officials might expand stimulus if the rout in financial markets ...
Asian Shares Rise, China Markets Closed for Holiday
September 3rd, 2015
U.S. markets regained some footing overnight Asian markets were mostly higher on Thursday, led by a strong performance in Japanese stocks after U.S. markets restored some stability to a region rocked by volatility. Japan’s Nikkei was 1.5% higher at around midday, ...
Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing
September 2nd, 2015
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game of chess on his iPad during the plane ride back to ...
Citi sells Hungary consumer banking business to Erste Group
September 2nd, 2015
Citigroup Inc (C.N) agreed to sell its consumer banking business in Hungary to Austria’s Erste Group Bank AG (ERST.VI) as the third-biggest U.S. bank by assets continues to divest non-core operating businesses. The sale includes Citi’s retail banking, consumer ...
Extreme volatility rocks China stocks
September 2nd, 2015
China stocks swung wildly on Wednesday as investors grappled with the market’s latest episode of extreme volatility. The benchmark Shanghai Composite shed 4.2% at the opening bell, only to recover and lurch into positive territory by mid-day. The smaller ...
Interactive Data Launches Best Execution Service for Fixed Income Transactions
September 1st, 2015
Continuous Fixed Income Evaluated Pricing Powers Execution Quality Measurement for Bond Trades Interactive Data, a leading, trusted provider of fixed-income evaluated pricing, today announced the launch of its patent-pending Best Execution (Best Ex) service for the fixed income markets. ...
Qatari trade surplus falls in July due to oil and gas price volatility
August 31st, 2015
Qatar’s trade surplus fell last month, largely because of tumbling oil and gas prices. It dipped 1.4 per cent from June to 14.3 billion Qatari riyals (Dh14.4bn) and plunged 55.6 per cent from July last year, according to a government report ...
NFA bars two British Virgin Islands firms from membership
August 31st, 2015
National Futures Association (NFA) has permanently barred Primary Assets Management Corporation (Primary Assets), an NFA Member commodity trading advisor and commodity pool operator, and Accredited Investment Management Corp. (Accredited Investment), a former NFA Member introducing broker, from membership. Peter ...
Latest update on LQD Markets (UK) in Administration
August 31st, 2015
Baker Tilly Restructuring and recovery LLP, Special Administrators’ of LQD Markets (UK) Limited, has issued a press release to inform creditors in relation with the progress made for the period 02 February 2015 to 01 August 2015. Progress’ Report ...
