Search Results for: europe
Dollar Watchers Look to IMF
March 30th, 2015
Data on central banks’ holdings of greenbacks are expected to fuel the rally A roaring dollar rally could get a boost this coming week with the release of data that many investors expect to provide fresh evidence that central ...
Greece’s Tsipras Meets Cabinet as Creditors Ponder Overhauls
March 30th, 2015
Greece’s Prime Minister Alexis Tsipras is holding a cabinet meeting as Greek officials and creditors in Brussels discuss proposed overhauls for the country to secure more funds from the euro area and stave off fiscal collapse. Negotiations with Greece’s ...
Asia shares swing higher as China nears seven year high
March 30th, 2015
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity was guarded most elsewhere in a week book-ended with holidays ...
ICAP mulling spin-off of electronic trading arm EBS-BrokerTec, rumours say
March 27th, 2015
London interdealer broker ICAP is rumoured to be looking to spin off its electronic trading arm EBS-BrokerTec. The FTSE 250 company’s management have been mulling the split and, according to sources cited by Bloomberg, have recently discussed the separation ...
We’re All Hedge Funds Now, Part 2: Tech Startups and Nigerian Bonds
March 27th, 2015
Watching formerly risk-averse investors adapt to a negative interest rate world is almost as much fun as watching Europe try to keep Greece and Germany in the same financial family. In each case, success depends on all the parties ...
Oil price ‘could fall to $30’ say trading experts
March 27th, 2015
Oil prices continued their downward spiral Friday, falling more than $1, after a short-lived rally of around 5 percent the previous day, as concerns of a disruption to supplies in the Middle East appeared to ease. Against this backdrop, ...
Volatility shakes currency markets
March 27th, 2015
Nervous markets will favour the greenback as a traditional safe-haven asset, but not the Australian dollar. Volatility is creeping back into the market and creating headaches for foreign exchange traders as they second-guess the timing of United States interest ...
Bankers: Lebanon won’t drop banking secrecy
March 27th, 2015
Lebanon will not abandon its banking secrecy law but will continue to cooperate with the United States and other nations in the exchange of tax information and the fight against money laundering, leading bankers said Thursday. “Lebanon has no intention to abandon ...
Ireland’s financial services sector looks to AOMi for improved operations performance
March 26th, 2015
Leading banks and financial organisations are choosing international specialist’s method-driven approach and cloud-based software in support of improved productivity Active Operations Management International (AOMi) has announced major contract wins in Ireland, including a new deployment with Dublin-based Bank of ...
MF Global Trustee Seeks Court Permission to Repay Creditors
March 26th, 2015
MF Global Inc. wants court approval to pay $461 million owed to its creditors, the second such payment now that it has paid back most of its customers. In a Wednesday filing with the U.S. Bankruptcy Court in New ...