Search Results for: dollar
CFTC charges R2 Capital Group LLC with Fraud and Misappropriation
August 22nd, 2014
The U.S. Commodity Futures Trading Commission (CFTC) announced that on August 15, 2014, Chief Judge Marcia S. Krieger, of the U.S. District Court for the District of Colorado, issued a restraining Order freezing the assets of Defendants Ryan Tomazin ...
Oil prices drop puts at risk Moscow’s Budget
August 21st, 2014
Oil and gas are at the heart of the Russian economy and are largely responsible for keeping Moscow’s government budget in balance. But the recent decline in the price of oil from the North Sea and Texas has now ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
HKMA reaction to US sanctions over StanChart
August 20th, 2014
Following the New York Department of Financial Services allegations against Standard Chartered Bank as announced yesterday, the Hong Kong Monetary Authority has issued a notice informing that it has taken note of the action. The Hong Kong Monetary Authority (HKMA) ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
George Soros bets $2B-plus on stock market collapse: industry insiders
August 20th, 2014
Billionaire businessman George Soros has upped his ante in what some industry insiders say in his long-running bet that the United States will suffer a massive stock market collapse in the coming months. The most recent 13-F filing Mr. ...
U.S. Stocks Up on Ukraine Talks
August 19th, 2014
U.S. stocks rose, with the Nasdaq Composite Index climbing to a 14-year high, as tensions eased over global conflicts. Dollar General Corp. rallied on merger activity. Ukrainian Foreign Minister Pavlo Klimkin met his Russian counterpart Sergei Lavrov for more ...
Gold – Eases Below $1300
August 19th, 2014
Gold for Tuesday, August 19, 2014 Over the last couple of days Gold has been easing lower back towards the $1300 level and has just slipped just below that level of the last day or so. In the last ...
West TX Oil up to $94.80 on Easing Supply Risks
August 19th, 2014
Brent crude edged up towards $102 a barrel on Tuesday, but stayed near a 14-month low reached in the previous session on weak demand and easing concerns over risks to supply. Brent shed nearly $2 on Monday, as investor ...
Ex-Rabobank trader guilty in Libor probe
August 19th, 2014
A former employee of Rabobank on Monday became the second of the Dutch bank’s ex-traders to plead guilty in a criminal plot to manipulate a global financial benchmark used to set rates on trillions of dollars in loans. United ...
