Archives
Spain says third bailout for Greece seen at EUR 30-50 bn
March 3rd, 2015
Spanish Economy Minister Luis de Guindos on Monday said European Union officials are estimating that a hypothetical third bailout for Greece could amount to between 30 and 50 billion euros ($34-55 billion). European officials have estimated that Greece’s financing ...
FMA welcomes opportunity to review financial advice laws
March 3rd, 2015
The Financial Markets Authority (FMA) welcomes today’s announcement by the Minister of Commerce and Consumer Affairs, Paul Goldsmith, about the review of legislation governing financial advisers. The Minister today released the terms of reference for the review of the ...
CySec announcement for Cyprus Investment Firms
March 3rd, 2015
CySec has issued a press release to inform CIFs that: CIFs may use market data to provide investment services, and/or provide market data to their clients, only if they are authorized to do so by the person who has ...
India’s failure to cut duty hurts gold prices
March 3rd, 2015
India’s decision to maintain an import duty on gold surprised investors, dealing a fresh blow to a metal that has been hit hard this year by a strengthening U.S. dollar and a series of policy shifts around the globe. ...
SEC Suspends Trading in 128 Dormant Shell Companies
March 3rd, 2015
The Securities and Exchange Commission has issued an announcement informing that: It has suspended trading in 128 inactive penny stock companies to ensure they don’t become a source for pump-and-dump schemes. The trading suspensions are the latest in a ...
Tuesday March 03: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
March 3rd, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for March 03. Gold Open 1213.80, High 1223.00, Low 1204.20, Close 1208.20, -0.40% Change. Silver Open 16.58, High 16.79… View table below
Tuesday March 03: OSB G10 Currency Pairs Cheat Sheet & Key Levels
March 3rd, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for March 03. EURUSD Open 1.1175, High 1.1240, Low 1.1159, Close 1.1183, -0.08% Change. GRBUSD Open 1.5422, High 1.5428… View table below
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Greek government searches for funds amid fresh speculation about third bailout
March 3rd, 2015
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
Asian stock markets mostly down despite US closing highs
March 3rd, 2015
Stock markets in Asia were mostly down on Tuesday, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs. Australia’s benchmark S&P/ASX 200 was down 0.62% at 5,922.00 points in afternoon ...
