Search Results for: dollar
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
Japan, Australia, Hong Kong, South Korea stock indexes gain
March 28th, 2017
Japan, Australia, Hong Kong, South Korea stock indexes gain Yen higher after earlier loss, Australian bonds continue rally The selloff in riskier assets eased after U.S. stocks staged a recovery, with most Asian equity markets resuming their upward trajectories ...
Two Trends That Will Force The Fed To Start Buying Stocks
March 27th, 2017
While the Japanese and Swiss central banks have turned themselves into hedge funds by loading up on equities, the US Fed has stuck to supporting the stock market indirectly, by buying bonds. It’s worked, obviously, with all major US ...
The Upcoming Trade War Between The U.S. And China Will Be The Biggest In The History Of The Planet
March 27th, 2017
The United States and China are the two largest economies in the world by far, and the upcoming trade war that is about to erupt will be cataclysmic for both sides. The Trump administration and the Chinese government are ...
A Bitcoin civil war is threatening to tear the digital currency in 2 — here’s what you need to know
March 27th, 2017
There’s a civil war in the bitcoin community over the digital currency’s future. Developers, miners, and other stakeholders are locked in a heated debate over how best to scale the network, with chances steadily rising of irreconcilable differences causing ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
Asia Stock Selloff Eases as Yen Weakens With Gold: Markets Wrap
March 23rd, 2017
Japan’s Topix fluctuates after biggest decline since November 10-year Treasury yields steady after four days of losses A global equities selloff that spurred the biggest drop in Japanese shares since Donald Trump’s election eased as demand for haven assets ...
Bats Europe launches two new Indices designed to measure impact of Brexit on UK companies
March 22nd, 2017
Bats Partners with FactSet to Provide Brexit 50/50 Indices Ahead of Triggering of Article 50 Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announced it has launched the Bats Brexit 50/50 Indices, ...
Early Forex Market Wrap; What to read
March 22nd, 2017
Early Forex Market Wrap: Spain to take measures for Forex and CFDs trading; $6.5 Million penalty in Binary Options fraud case; Yen stretches rally This is an early morning Forex market wrap for the Forex trading industry. A review ...
