Search Results for: financial markets
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
FX Probe Lags in EU as Other Watchdogs Ready for Fines
September 8th, 2014
The European Union’s antitrust arm is still at the start of its probe into possible collusion in foreign-exchange markets even as U.S. and U.K. regulators edge closer to levying fines. “We are at the starting point of this investigation,” ...
ESMA invites investors to open hearing on market abuse
September 8th, 2014
The European Securities and Markets Authority (ESMA) will hold an open hearing on the issues raised in the two recently published Consultation papers on draft Technical Standards and on possible implementing measures on the Market Abuse Regulation. ESMA is ...
Gold Steady Below $1270 on Weak Jobs Data
September 8th, 2014
Gold extended gains to a second session on Monday, boosted by a disappointing U.S. non-farm payrolls report that eased concerns about an early interest rate increase, with investors also eyeing developments in the Ukraine crisis. Spot gold had ticked ...
The Billionaires Are All Quietly Preparing For The Stock Market To Plunge
September 8th, 2014
Billionaire 1: Sam Zell “The stock market is at an all-time high, but economic activity is not at an all-time,” explains billionaire investor Sam Zell to CNBC on Thursday morning. “People have no place else to put their money, ...
Fed’s Powell says alternative to Libor needed
September 5th, 2014
The U.S. Federal Reserve will accelerate its search for a substitute to the Libor benchmark interest rate to stave off what would be “a horrible mess” if the current system collapses with no alternative, Fed Governor Jerome Powell said ...
The Exaggerated Death of Inflation
September 3rd, 2014
Is the era of high inflation gone forever? In a world of slow growth, high debt, and tremendous distributional pressures, whether inflation is dead or merely dormant is an important question. Yes, massive institutional improvements concerning central banks have ...
U.S. Stock Futures Are Little Changed Before Output Data
September 2nd, 2014
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
