Search Results for: traders
Oil prices rise amid weaker dollar, optimism over market tightening
January 20th, 2017
Crude futures gained traction on Friday, driven by a weaker U.S. dollar and signs of the market tightening after major oil producers agreed to cut output. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...
CFTC Orders Citigroup Global Markets to Pay $25 Million
January 20th, 2017
CFTC Orders Citigroup Global Markets Inc. to Pay $25 Million for Spoofing in U.S. Treasury Futures Markets and for Related Supervision Failures Five Traders at Citigroup Global Markets Inc. Placed More Than 2,500 Orders with the Intent to Cancel ...
Oil Resumes Advance as Report Shows U.S. Crude Stockpiles Drop
January 19th, 2017
Nationwide supplies fell 5.04 million barrels last week: API OPEC making “tremendous efforts” to reduce output: Barkindo Oil resumed gains after the biggest drop in more than a week as industry data showed U.S. crude stockpiles declined, while OPEC ...
Asian shares down, dollar jumps on Yellen’s rate hike signal
January 19th, 2017
Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of interest rate hikes. The dollar had been grinding lower in recent ...
Thomson Reuters Completes REDI Acquisition
January 18th, 2017
Acquisition allows Thomson Reuters to offer advanced, broker-neutral, cross-asset trade execution capabilities for the buy-side trading community Thomson Reuters has completed its acquisition of REDI Holdings, allowing Thomson Reuters to incorporate an advanced, cross-asset execution management system (EMS) into ...
Gold Falls With Yen as Haven-Asset Flight Eases: Markets Wrap
January 18th, 2017
Asian emerging-market currencies rise on dollar weakness Yen retreats as the currency ends seven days of strength The flight to haven assets eased following the biggest drop in the dollar since July with moves in the yen, Treasuries and ...
Oil prices mixed on Saudi commitment to cut output, investor scepticism
January 17th, 2017
Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be ...
Gold price boosted by hard Brexit fears
January 16th, 2017
Prospect of leaving single market – plus doubts over Donald Trump effect in US – sees traders rush to ‘safe haven’ Gold is being boosted this morning as concerns over a hard Brexit dominate the market commentary. Reports indicate ...
Oil prices edge up on weaker dollar, expected crude output cuts
January 16th, 2017
Oil prices inched up on Monday, supported by a weaker dollar and expectations that OPEC and other producers will cut output as part of a deal to curb global oversupply. Brent crude futures LCOc1, the international benchmark for oil ...
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...