Search Results for: currency market
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
Asia stocks mostly higher, with HSI trailing the pack
March 3rd, 2016
Hong Kong’s Hang Seng index was the odd one out as markets across Asia extended gains on Thursday ahead of a series of key global events due to take place in the coming days. Japan’s benchmark Nikkei 225 was up 1.11 ...
Swiss Economy Returns to Growth as Franc Shock Overcome
March 2nd, 2016
Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of last year as it fought off the impact of a ...
FXCM Reports Spread Data for 2015
March 2nd, 2016
EUR/USD Spread Averaged 0.3 during Peak Trading Hours in 2015 EUR/USD Spread .1 or less 8.32% in 2015 FXCM Inc. (NYSE:FXCM) (“FXCM” or “the Company”), a leading online provider of foreign exchange (FX) trading and related services, today reported its ...
KRX seeks share trading through blockchain
March 1st, 2016
Korea’s bourse operator said Monday that it is seeking to launch a platform powered by blockchain technology to invigorate the off-board trading market. The Korea Exchange (KRX) has begun “preliminary steps” to introduce the new platform linking sellers 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 ...
Stocks Limp to End Weak February
March 1st, 2016
Investors remain cautious, as officials guide China’s currency to weakest level in three weeks February’s rally faded Monday, as the Dow industrials hung on to post a small gain for the month while the S&P 500 slipped into negative ...
Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech
February 29th, 2016
It may come as quite a surprise to some people, but the Bank of Russia will be exploring what Bitcoin technology has to offer to the financial world. The status of Bitcoin in Russia seems to be changing on ...
China central bank deflects concerns over forex reserves
February 29th, 2016
The vice-governor of China’s central bank on Sunday deflected concerns over the possibility of an extended fall in the country’s foreign exchange reserves and reaffirmed confidence in the strength of the Yuan. China still owns the world’s largest currency reserves ...
Banc de Binary Reaches $11 Million Settlement with U.S. Authorities
February 26th, 2016
Company alleged to have illegally signed up U.S. investors to binary options trading platform Banc de Binary Ltd., a financial trading company and a sponsor of Liverpool Football Club, has agreed to an $11 million settlement with U.S. authorities ...
