Search Results for: fed
Dollar heads for biggest weekly gain in nearly a month
April 10th, 2015
The dollar rose Friday against most major rivals, remaining on track to log its best week in about a month. The ICE U.S. Dollar Index DXY, +50% a key measure of the dollar’s strength against a basket of six currencies, ...
Bank of Korea Monetary Policy Decision
April 9th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to leave the Base Rate unchanged at 1.75% for the intermeeting period ” Based on currently available information the Committee considers that, although the trend of economic recovery ...
Russian Central Bank plans to move away from international ratings to Russian ones
April 8th, 2015
The Central Bank of Russia is going to gradually move away from international ratings to Russian ones, Chairperson Elvira Nabiullina at the Russian Bank Association conference. “We are thinking about gradually moving away from international ratings and developing our ...
Japanese shares near a 15-year high
April 8th, 2015
Japan’s shares neared a 15-year high on Wednesday after the Bank of Japan (BOJ) maintained its asset purchase program in an effort to boost the economy. In Tokyo, benchmark Nikkei 225 index was up 0.4% at 19,723.42. The central bank has ...
Former ConvergEx trader admits books and records falsification
April 7th, 2015
Former Convergex Global Markets trader, Michael Craig Marshall, pleads guilty for scheme to falsify books and records A former trader at ConvergEx Global Markets has pleaded guilty in federal court in New Jersey for his role in a scheme ...
Gold upswing After Goldman Says It Is Time To “Put Rate Hikes On Hold For Now”
April 6th, 2015
With heavy moves on the markets last weekend , Exante report on recent upswings While equity futures are modestly higher compared to Friday’s early 9:15 am close, where only a short, 45 minute long bloodbath was allowed on Good Friday ...
Wall Street to open lower in wake of weak jobs data
April 6th, 2015
U.S. stock index futures fell in low volume on Monday, putting Wall Street on track for a lower open on the first trading session since Friday’s surprisingly weak jobs data. * Labor Department data showed U.S. employers last month ...
Is The Whole World Slowing Down?
April 6th, 2015
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
