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The head of collapsed Bitcoin exchange Mt. Gox has been released on bail
July 18th, 2016
The head of collapsed Bitcoin exchange Mt. Gox has been released on bail nearly a year after his arrest on embezzlement charges, according to one of his lawyers. Television footage showed France-born Mark Karpeles, 31, leaving the Tokyo Detention ...
Led by Turkish Lira, Emerging-Market Currencies Shake Off Coup Jitters
July 18th, 2016
The Turkish lira rose against the U.S. dollar Monday, partially recovering from its largest one-day drop in nearly eight years as Turkey’s government reasserted control of the country after a failed coup. The lira gained 2.1% to 2.9573 per U.S. dollar. ...
Asian Stocks Extend Rally on China Data as Yen Drops With Gold
July 15th, 2016
Japan’s currency set for biggest weekly drop in 17 years China’s economic growth stabilized in second quarter Asian stocks rose for a fifth day and South Korea’s won strengthened as Chinese economic data beat estimates amid an upbeat start ...
BlackRock Reports Second Quarter 2016 financial results
July 14th, 2016
AUM of $4.9 trillion, up 4% year-over-year and 3% sequentially $2 billion of long-term net inflows in the second quarter of 2016, and $126 billion over the last twelve months, demonstrate strength of diversified business model 2% decline in base fees year-over-year, driven ...
“Soon” And “Really, Really Crazy.”: Starting Up The Helicopters
July 14th, 2016
As the abject failures of the past few years’ monetary experiments became apparent, it was clear that something else would have to be tried. The only questions were when this would happen and how crazy the next iteration would ...
Gold eases ahead of BoE policy
July 14th, 2016
Gold slipped on Thursday after rising nearly 1 percent in the previous session, as the dollar firmed and Asian stocks stayed near eight-month highs on expectations of an interest rate hike by the Bank of England. Investors bet the ...
Asian Equity Rally Loses Momentum With Oil Near $45; Pound Gains
July 14th, 2016
Japan’s Topix climbs, yen falls amid talk of helicopter money Sterling rises before forecast cut in U.K. interest rates The rally that drove Asian stocks to levels last seen in April showed signs of flagging as investors awaited details ...
Asian shares near 2016 highs as risk appetite improves
July 13th, 2016
Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors’ risk appetite damaged by uncertainty from Brexit. Spread betters expected European shares to ...
Gold Snaps Two-Day Loss
July 13th, 2016
Gold climbed, snapping a two-day loss, as investors took advantage of the decline to boost positions even as global equities extended an advance. Silver in China traded near the highest level in almost three years. Bullion for immediate delivery ...
FXCM reports lower trading volume for June 2016 at $275 billion
July 12th, 2016
FXCM Inc. (NYSE:FXCM) has issued an announcement to make publish certain key customer trading metrics for June 2016 for its retail and institutional foreign exchange business. June 2016 Customer Trading Metrics from Continuing Operations (1) Retail Customer Trading Metrics ...
