Search Results for: Commerzbank
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
India to face a new technique for gold
August 1st, 2014
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world’s second-biggest buyer. India — whose appetite for gold is only ...
Dryness causes Soybeans Advance to Two-Week High
July 29th, 2014
There has been an increase for soybeans within two weeks bearing that dry weather in parts of the U.S. will cut yields in the world’s biggest producer. Corn fell. Dryness in the southwestern Midwest will expand through Aug. 6, ...
Banks face intensified sanctions probes in U.S.
July 10th, 2014
Following BNP Paribas’ record $8.9 billion in penalties for violating U.S. economic sanctions, federal and state authorities are intensifying investigations of other foreign banks over signs of similar infractions. At least six banks in Germany, France, Italy or Japan ...
BNP pleads guilty for second time in $9 billion U.S. sanctions accord
July 10th, 2014
BNP Paribas, for the second time in nine days, pleaded guilty on Wednesday to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which the French bank admitted to breaking embargoes against Sudan, Cuba ...
Oil prices jump back above $100 a barrel
March 24th, 2014
Oil prices rose back above $100 a barrel Monday as an oil spill in Texas closed a major shipping channel and continuing global tensions over the crisis between Russia and Ukraine brought upward pressure on prices. Benchmark crude oil ...