Search Results for: dollar
PBOC opens onshore fx market to central banks
September 15th, 2015
The People’s Bank of China said Monday it would allow foreign central banks to trade in the country’s foreign-exchange market, echoing a promise made by Chinese Premier Li Keqiang at the World Economic Forum last week. The central bank ...
Asian Markets Brace for Fed Decision
September 15th, 2015
Stocks in Shanghai deepened losses ahead of possible U.S. rate increase Shares in Japan pared gains after the Bank of Japan tempered its assessment of the country’s economy, while elsewhere, China led markets lower ahead of a decision on interest ...
China Stocks Pull Asian Markets Lower
September 14th, 2015
Investors are concerned about both a slowdown in China and this week’s U.S. Federal Reserve meeting China shares finished lower in tumultuous trading Monday, as weak data on Chinese factory output pulled prices down despite apparent efforts by Beijing ...
Big Banks Agree to Settle Swaps Lawsuit
September 14th, 2015
Dozen banks, Markit and International Swaps and Derivatives Association to pay combined $1.87 billion Wall Street’s biggest banks have agreed to a tentative settlement over allegations that they conspired to rig the market for credit derivatives. Twelve banks and ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
Saudi rises on FTSE review; Egypt up after govt reshuffle
September 14th, 2015
Saudi Arabia‘s stock market rose in early trade on Sunday after index compiler FTSE added the country to its watchlist for potential upgrade and Egypt edged up after the Cairo government resigned. Saudi Arabia’s main stock index rose 1.1 ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Global Markets: Stocks end solid week on cautious note
September 11th, 2015
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around the world slipped into the red on Friday but remained ...
Oil dips as Saudi rejects producer summit, set for weekly fall
September 11th, 2015
Crude oil prices eased on Friday due to a strong dollar and Saudi Arabia’s dismissal of a producer summit, putting prices on track for a small weekly fall despite a strong rally in the previous session. October Brent, the ...
SEC Charges BDO and Five Partners in Connection With False and Misleading Audit Opinions
September 10th, 2015
The Securities and Exchange Commission today charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises. The SEC also charged ...
