Search Results for: interest rates
Asia markets mixed as traders digest central bank decisions, China data
March 10th, 2016
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was up 1.45 percent. South Korea’s Kospiadded 0.82 percent, while Down Under, ...
RBNZ: Official Cash Rate reduced to 2.25 percent
March 10th, 2016
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent. The outlook for global growth has deteriorated since the December Monetary Policy Statement, due to weaker ...
Gold price forecast revised. What a ABN Amro analysis suggest?
March 7th, 2016
Gold to average $1,200 through 2016 Analysts revise price forecast as gold posts stellar performance in the first two months of the year Gold, which has staged a stellar performance this year – climbing about 19 per cent in ...
Asian shares hit two-month high after solid U.S. job growth
March 7th, 2016
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on ...
Businesses struggled from Asia to Europe in February
March 3rd, 2016
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, surveys showed. Euro zone businesses had their worst month in ...
Moscow Exchange announces results for the full year 2015
March 3rd, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the year ended 31 December 2015. Higher trading volumes on the FX, Bonds and Money Markets, as well as increased interest income coupled with ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
Swiss Economy Returns to Growth as Franc Shock Overcome
March 2nd, 2016
Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of last year as it fought off the impact of a ...
Asia mostly higher with Nikkei leading the pack
March 2nd, 2016
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen hovering near the 114 handle against the dollar, after falling ...
Barclays restructures amid profits fall
March 1st, 2016
Barclays has reported a drop in full-year profits and a restructuring, including a reduction of its stake in its Africa business. Underlying annual profits for 2015 fell 2% to £5.4bn.The bank said it would cut its dividend by more than ...
