Search Results for: currencies
Oil prices stable as falling U.S. output offset by demand worries
March 9th, 2016
Oil prices were only slightly higher on Wednesday as support from falling U.S. production was countered by a strengthening U.S.-dollar and concerns over slowing demand. U.S. crude futures CLc1 were at $36.60 per barrel at 0449 GMT, up 10 ...
ASIC warns investors about dealing with Market City International and Brokers500
March 8th, 2016
ASIC warns the public about the conduct of Market City International SRL (Market City International), a body marketing itself as BROKERS500 through the website www.brokers500.com. The website states that BROKERS500 is a leading online trading broker specialising in stocks, commodities, CFDs ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
U.S. data flow suggests economy regaining steam
March 4th, 2016
The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market optimism was, however, dimmed somewhat by a survey on Thursday showing employment ...
Major Asian markets retreat, with Shanghai down 1.4%
March 4th, 2016
Major Asian markets lost their positive momentum on Friday, largely ignoring another upward finish on Wall Street overnight. Japan’s benchmark Nikkei 225 was flat, while South Korea’s Kospi was down 0.14 percent. Chinese markets were also lower, with the Shanghai composite down 1.36 percent and ...
CME Group Announces Launch of CME Bloomberg Dollar Spot Index Futures
March 1st, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of CME Bloomberg Dollar Spot Index futures. The futures contract will be available for trading on the CME Globex electronic trading platform effective April 4, 2016, pending ...
Russia ranks 5th for number of cryptocurrency users
February 29th, 2016
The four countries ahead of Russia are the United States, where 1.2 mln people uses Bitcoin, followed by China — 355,000 people, the third place is occupied by Germany — 250,000 users Russia ranked 5th in the world for ...
Gold Becomes the Biggest Winner of 2016
February 29th, 2016
Money managers boost net-long positions to highest in a year Inflows to SPDR Gold Shares beat all other U.S. ETFs Gold’s comeback is dominating 2016. The precious metal is the year’s best-performing major asset. Its 15 percent gain is ...
