Search Results for: sec
Hong Kong Plugs Captive Insurance To Mainland Companies
August 7th, 2014
The Permanent Secretary for Financial Services and the Treasury, Au King-chi, outlined Hong Kong’s plans to promote captive insurance for Mainland Chinese companies. Au said that, as “financial co-operation between Hong Kong and the Mainland has all along been ...
FMA fined trader with $130,000
August 7th, 2014
The Financial Markets Authority (FMA) announced that trader Brian Peter Henry was fined by the regulator with the amount of $130,000 after he admitted the allegations he was charged. Brian Peter Henry has admitted all of the Financial Markets Authority’s ...
Technical Analysis USD/CHF held down by 0.91
August 7th, 2014
Technical Analysis USD/CHF for August 7, 2014 Pair’s Outlook The resistance at 0.9117/0.9099 proves to be quite strong, as USD/CHF is unable to reach this year’s high for a second week, being only some 50 pips away from the ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
Australia 200 – Returns to Familiar Territory Below 5500
August 7th, 2014
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...
Technical Analysis AUD/USD – Receives Solid Support from 0.9300
August 7th, 2014
Technical Analysis AUD/USD for Thursday, August 7, 2014 In the last half day the Australian dollar has surged higher to a one week high near 0.9375, before easing back slightly in recent hours. It has done well of late ...
ECB set to hold fire on rates, eyes risks from Ukraine conflict
August 7th, 2014
The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest ...
Bank of America, U.S. near record $17B settlement
August 7th, 2014
The Department of Justice and Bank of America have reached a record settlement in principle in which the bank will pay just under $17 billion to resolve allegations related to fraudulent marketing of mortgage-backed securities that helped cause the ...