Search Results for: currency market
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
The Swiss National Bank reports a profit of CHF 5.7 billion for the first quarter of 2016.
May 9th, 2016
The Swiss National Bank (SNB) reports a profit of CHF 5.7 billion for the first quarter of 2016. A valuation gain of CHF 4.1 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF ...
Asian Stocks Sink to Four-Week Low as Yen Gains; Aussie Slides
May 6th, 2016
Australian bonds surge as RBA cuts inflation forecast Oil near $44, poised for first weekly decline in a month Asian stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data ...
GAIN Capital Reports First Quarter 2016 Results
May 5th, 2016
GAIN Capital Holdings, Inc. (“GAIN”) (NYSE: GCAP), has issued a press release to announce financial results for the first quarter of 2016. Net revenue for the quarter was$115.6 million, up from $93.0 million in the first quarter of 2015, and adjusted EBITDA ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
Deloitte Unveils Five Blockchain Partnerships and 20 Prototypes
May 4th, 2016
One of the largest accounting firms in the world, Deloitte, says it has partnered with five blockchain startups and built a wide range of prototypes to service industries including insurance, employee management and cross-border payments. The ‘Big Four’ accounting ...
Asian Stocks Fall With Won on Global Growth Woes; Oil Below $44
May 4th, 2016
Dollar gains after Fed officials say June rate hike possible Industrial metals retreat as sovereign bonds advance Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy ...
5 reasons Why someone would use Bitcoin
April 28th, 2016
It has now been eight years since Satoshi Nakamoto released his peer-to-peer digital cash system to the world, and the debate over whether or not the payment network and currency have any real, long-term value is still undecided. Having said that, ...
Asian Stocks Fall as BOJ Leaves Monetary Policy Unchanged
April 28th, 2016
Shares slide in Tokyo market, led by brokerages and banks Economists confounded as BOJ refrains from adding to stimulus Asian stocks fell, led by a slump in Tokyo shares, after the Bank of Japan refrained from adding to its ...
