Search Results for: financial markets
2014 Mining and Metals deal volume and value lowest in 10 years
January 28th, 2015
Deal volume in the global mining and metals sector reached a 10-year low in 2014, with transactions driven by divestments and forced sales in the face of falling commodity prices and risk-averse capital markets. EY analysis released today ...
China’s yuan joins top 5 most-used global currencies
January 28th, 2015
China’s yuan has become one of the five most widely used currencies in global payments, an international financial transactions agency announced today. The yuan passed the Canadian and Australian dollars in popularity in December, according to the Society for ...
S&P Downgrades Russia’s Sovereign Credit Rating to Junk
January 27th, 2015
Ratings agency S&P has cut Russia’s sovereign credit rating to junk status, bringing it below investment grade for the first time in a decade. Warning of difficult times ahead for Russia’s economy, S&P said Monday that it had cut ...
Exchange Traded Fund Assets under management to exceed $5 trillion by 2020
January 26th, 2015
Professionally managed financial investments globally are predicted to grow at 6% per annum to reach $100 trillion by 2020, according to a new report by PwC. Exchange traded funds (ETFs) will pay a prominent role in this growth, as ...
Swiss Franc’s Leap Lifts Some FX Brokers
January 26th, 2015
Even as some foreign-exchange brokers that focus on serving retail customers were getting hammered by the surprise surge in the Swiss franc earlier this month, other firms that deal mostly with big banks, hedge funds and other large clients ...
Fifty suitors bid for remains of FX firm Alpari
January 26th, 2015
More than 50 companies are bidding to buy all or part of failed forex and spreadbetting firm Alpari UK, City A.M. understands – with international units of the wider Alpari group among those who are interested. Alpari’s Japanese and ...
GFG Weekly Market Insight – 2015: U.S. Dollar Poised to Go Higher But Why? (week 19 Jan 2015)
January 23rd, 2015
We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals that are behind our target of 120 set back in ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
Asia Stocks Little Changed Before European Central Bank Decision
January 22nd, 2015
Asia’s benchmark stock gauge was little changed as investors awaited a European Central Bank decision today on quantitative-easing strategy. Chinese shares rallied as the People’s Bank of China pumped funds into the financial system. Bridgestone Corp. sank 1.7 percent as tiremakers ...
Euro Near 11-Year Low as JGBs Plunge Before ECB
January 22nd, 2015
The euro traded near an 11-year low against the dollar and Japanese 10-year yields jumped the most since 2013 amid speculation the European Central Bank will boost stimulus through asset purchases. U.S. and European equity-index futures climbed and Hong ...
