Search Results for: gold
CFTC Issues Order of Registration for the Tokyo Commodity Exchange, Inc.
January 21st, 2015
The U.S. Commodity Futures Trading Commission (Commission) announced today that it has issued an Order of Registration to the Tokyo Commodity Exchange, Inc. (TOCOM), a Foreign Board of Trade located in Tokyo, Japan. Under the Order, TOCOM is permitted ...
Markets advance in anticipation of the ECB meeting
January 20th, 2015
US stock markets were closed on Monday for the Martin Luther King Jr. holiday. When trading resumes today investor attention will likely be focused on earnings reports of big corporations like Morgan Stanley, Johnson & Johnson, IBM and Netflix. ...
Markets closed as US celebrate Martin Luther King Day
January 19th, 2015
Friday was marked by growing quotes on international stock markets. The Michigan consumer sentiment index in January outstripped forecasts and suddenly reached 98.2 points, renewing its 11-year maximum. All the other American macro-economic data also appeared to be positive. ...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund
January 19th, 2015
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...
The first stage in the washing cycle – Placement (video)
January 19th, 2015
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. At this stage cash derived from criminal activity is infused ...
Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB
January 16th, 2015
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a four-month high. The MSCI Asia Pacific Index fell 0.6 percent ...
Euro-MPs back LuxLeaks tax probe
January 15th, 2015
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...
Cyprus Banks Move to Comply With FATCA
January 15th, 2015
Cyprus’ banks are exerting all efforts to comply with the Foreign Account Tax Compliance Act (FATCA) agreement signed between Cyprus and the USA, the Association of Cyprus Banks revealed yesterday. Cyprus and the US signed an agreement for the ...
Increased U.S. Output Bolsters Oil Glut Fears Sending Prices Back Down
January 15th, 2015
Oil resumed its decline after the biggest gain since June 2012 as U.S. crude production increased, bolstering speculation a global supply glut that spurred last year’s price collapse may persist. Futures dropped as much as 1.3 percent in New York. ...
Earnings Reports 2015: 10 largest U.S. companies
January 14th, 2015
Earnings Reports 2015 The beginning of January marks the start of Q4 earnings season. Among the first ones up this year include an aluminum producer, a tech giant, and a few massive banking firms. Here’s a look at six ...