Search Results for: brokers
U.S. judge says Citigroup can process Argentina’s next bond payment
November 11th, 2014
A U.S. judge ruled on Monday that Citigroup Inc could process an $85 million interest payment by Argentina on bonds issued under its local laws following its 2002 default. U.S. District Judge Thomas Griesa in New York said Citigroup could process the Dec. 31 payment ...
London pre-open: Little change expected on FTSE ahead of opening bell
November 11th, 2014
UK stocks are expected to kick-off Tuesday’s session with limited gains as investors await direction ahead of what is expected to be another fairly quiet session beyond corporate news. City sources predict the FTSE 100 will open around five ...
Stocks: Dow, S&P 500 close at record highs
November 11th, 2014
Wall Street continued to march further into record territory Monday as the Dow and S&P 500 closed at record highs again. Investors have been pushing stocks higher on signs the U.S. economy continues to improve and as corporate earnings come ...
Fed’s Rosengren says fight for higher inflation should be vigorous
November 11th, 2014
The Fed should fight low inflation as vigorously as it would a too rapid run-up in prices or risk the same sort of prolonged slow growth plaguing Japan and Europe, Boston Federal Reserve bank president Eric Rosengren said on Monday. Rosengren, ...
Credit Without Banks: Shadow Banking
November 10th, 2014
One of the vivid lessons of the 2007-2009 recession and financial crisis is that in the modern economy, one can’t just think about the financial sector as made up of banks and the stock market. Other financial institutions can ...
Chinese, Canadian central banks agree to 200 bln yuan currency swap
November 10th, 2014
The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on Saturday. The swap will ...
Former Moore Capital trader pleads guilty to insider dealing
November 10th, 2014
In a case brought by the Financial Conduct Authority (FCA) Julian Rifat a former senior execution trader at Moore Capital Management LLC has today pleaded guilty to an indictment reflecting 8 instances of insider dealing. Profits from the dealing exceeded ...
Monday November 10: OSB Daily Technical Analysis – Indices
November 10th, 2014
OSB Daily Technical Analysis for November 10, 2014 S&P 500 The S&P 500 declined during the early session finding support at the 2020 level prior to edging higher to close at 2025 on the day. Bullish momentum remains strong ...
Monday November 10: OSB Daily Technical Analysis – Commodities
November 10th, 2014
OSB Daily Technical Analysis for November 10, 2014 Gold rallied on Friday making a decisive push towards the $1180 mark after making a new intraday day low at $1130. Gold is likely to test the $1200 area as part ...
Brothers slammed for forex ‘gamble’
November 10th, 2014
Two financial advisers and a company of which they are both directors have been ordered to repay a couple who lost more than R700 000, because they invested most of their savings – including the proceeds from the sale ...
