Search Results for: Fed
Wall St. set to open little changed on election day
November 8th, 2016
Wall Street looked set to open little changed on Election Day as Americans headed to vote for their next president, with the odds currently favoring Democrat nominee Hillary Clinton. Clinton has a 90 percent chance of defeating Republican nominee ...
European Stocks Set For Cautious Start As US Election Looms
November 8th, 2016
European stocks are likely to open higher on Tuesday, although gains are likely to remain modest ahead of the U.S. presidential election. Roughly 120 million Americans will cast their votes today to determine whether Republican Donald Trump or Democrat Hillary ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...
Ex-Wall Street exec sentenced to jail in a $38 million investment fraud case
November 7th, 2016
An Ivy league-educated financier who defrauded friends, family and even a 9/11 victim’s relatives of more than $38 million to feed a gambling habit was sentenced Friday to four years in prison by a Manhattan federal judge. Andrew Caspersen, ...
Analysts predicts Gold price to rise on back of US election
November 7th, 2016
Gold, the traditional store of wealth and a so-called safe haven, is set for a price rise on the back of the US presidential election, regardless of who wins. Some analysts are putting a $US100 premium on it if ...
Asian Shares Gain as FBI Clears Clinton
November 7th, 2016
Equity markets rallied, a sign that investors believe a victory for Democratic presidential hopeful Hillary Clinton is now more likely Tuesday Asian share markets were broadly higher Monday, with the dollar surging after the U.S. Federal Bureau of Investigation stood ...
VW Says Its Diesel Cheat Software Is Legal in Europe
November 5th, 2016
It’s the very technology which led it to incur up to $16.5 billion in U.S. settlement costs. Volkswagen said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the carmaker aims to ...
Global Stocks sink to lowest since July on Election Turnoil
November 4th, 2016
Global share prices retreated to their lowest levels since early July on Friday after two weeks of relentless losses dominated by uncertainty about the outcome of the U.S. presidential election and, as of Thursday, Britain’s path out of the ...
Switzerland is easing its FinTech regulatory framework to boost its competitiveness
November 4th, 2016
A dynamic fintech system can contribute significantly to the quality of Switzerland’s financial centre and boost its competitiveness. Against this backdrop, the Federal Council called for an easing of the regulatory framework for providers of innovative financial technologies during ...
Euronext and Algomi to launch new trading facility to improve liquidity in pan-european corporate bond trading
November 3rd, 2016
Euronext today announced a 10 year partnership with leading Fixed Income technology provider Algomi to create a long-term joint-venture. This JV, capitalised by Euronext for US$ 2.3 million, will deploy Algomi’s award winning technology to a new MTF owned ...
