Search Results for: metals
Gold braced for Fed rate hike
December 14th, 2015
Historical data shows that this isn’t the time to initiate shorts on gold Gold has been lost for direction in recent weeks, moving sideways in the range of $1,060-1,080/ounce. Last week, it ended at $1,074/ounce, down 1.1 per cent. ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
Citi: Seven warnings signs for stocks in 2016
December 10th, 2015
Wall Street has tamped down stock market expectations in 2016 for a variety of reasons. Less accommodative monetary policy, slow growth and geopolitical concerns only get the ball rolling. There’s a whole slew of reasons why the year ahead ...
Falling Oil + Rising Dollar = Crisis For A Whole Lot Of People
December 10th, 2015
Oil is plunging again, this time in the wake of OPEC’s inability to limit its members’ production. The US dollar, meanwhile, is up on the divergence between Fed tightening and ECB/BoJ/BoC easing. This widening gap is a perfect storm ...
Moscow Exchange Trading Volumes in November 2015
December 3rd, 2015
Moscow Exchange (ticker: MOEX) announces trading volumes for November 2015. All Moscow Exchange markets posted strong growth compared to the same period last year: Equity & Bond Market (+32.9%), FX Market (+26.6%), Derivatives Market (+21.7%), Money Market (+17.6%), Precious Metals Market (+308%). Equity ...
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 ...
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 ...
UBS Traders May Be First to Face Sanctions in Forex Probes
December 2nd, 2015
Swiss regulator may issue penalties by the end of the year Finma probed 11 currency, metals traders amid global scandal As many as seven UBS Group AG traders may face sanctions from Switzerland’s financial watchdog in the coming weeks, ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
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, ...
