Search Results for: interest rates
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
CME Group Volume Averaged 13.7 Million Contracts per Day in November 2015
December 3rd, 2015
Eurodollar options average daily volume rose 70 percent Equity index average daily volume rose 16 percent Interest rate average daily volume rose 9 percent CME Group, announced that November 2015 volume averaged 13.7 million contracts per day, up 6 percent from November ...
Global Crisis: Goldman Sachs Says That Brazil Has Plunged Into ‘An Outright Depression’
December 2nd, 2015
One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for three quarters in a row, and many ...
Swiss GDP Unexpectedly Stagnates in Third Quarter
December 1st, 2015
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, with momentum held back by weak performance in the energy, ...
IMF’s Executive Board Completes Review of SDR Basket, Includes Chinese Renminbi
December 1st, 2015
The Executive Board of the International Monetary Fund (IMF) today completed the regular five-yearly review of the basket of currencies that make up the Special Drawing Right (SDR). A key focus of the Board review was whether the Chinese ...
Chinese Debt Snowball Gaining Momentum
November 30th, 2015
Financial crises can happen quickly, like the bursting of the tech stock bubble in early 2000, or slowly, like the late-1980s junk bond bust. The shape of the crash depends mostly on the asset in question: Equities can plunge ...
Euro Heads for Biggest Monthly Loss Since March on ECB Outlook
November 30th, 2015
Currency may extend slide toward $1.03, Mizuho’s Karakama says ECB to boost stimulus Dec. 3, Bloomberg economist survey shows The euro headed for its biggest monthly decline since March versus the dollar as economists unanimously forecast the European Central Bank will ...
Brent crude dips on firm dollar ahead of OPEC meeting
November 30th, 2015
Brent crude futures dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate hike strengthened the dollar. Oil prices are heading for declines of as much ...
Asia shares fall on China caution, yuan jumpy ahead of IMF decision
November 30th, 2015
Asian shares fell on Monday as Chinese stocks extended last week’s sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI’s ...
