Search Results for: oil
Venezuela ties its currency to a state-run cryptocoin the Petro; Hardly anyone knows what to expect out of this
August 21st, 2018
Venezuela has just taken drastic and unprecedented steps to stabilize its currency as it grapples with hyperinflation and other economic issues. The country’s currency has not only been massively devalued and renamed, but is now tied to a state-issued ...
Most Asian equities gained on Monday, Yen to Dollar little changed; Key events coming up this week
August 20th, 2018
Most Asian equities gained on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
Futures Broker fined for engaging in a fraudulent trading scheme
August 13th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Christian Robert Mayer of Eden Prairie, Minnesota, for engaging in a fraudulent trading scheme involving unauthorized trades in cattle, crude oil and wheat futures ...
The Turkish lira and the Euro to dollar fell; Emerging market currencies tumble
August 13th, 2018
Emerging market currencies tumble; U.S. futures trade lower; Turkish lira extends drop despite limits to swaps transactions. Stocks declined in Asia alongside the euro and emerging-market currencies, while Treasuries and the yen advanced, on continued turmoil in Turkey that’s ...
Early Stocks Review: European stocks mixed; British Pound remained under pressure against the Dollar
August 10th, 2018
European stocks hovered around the flatline on Thursday amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. The pan-European Stoxx 600 was flat with almost every sector in the red. Oil and gas stocks were among ...
Asian stocks mixed, Yen to Dollar rose, the Kiwi plunged; These are the main moves in markets
August 9th, 2018
Asian stocks were mixed Thursday with Chinese equities again outperforming despite the ongoing tariff to-and-fro between China and the Trump administration. The dollar ticked higher, while oil held on to Wednesday’s losses. A firmer yen weighed on Japanese shares ...
Asian stocks traded mixed, Euro to Dollar down; Here are some key events coming up this week
August 6th, 2018
Asian stocks were mixed Monday as China pledged it will stand the course of a trade war with the U.S. The yuan pared some of its gains following a rally triggered by a surprise China central bank move to ...
Deloitte latest Big Four player to offer legal services
August 3rd, 2018
Deloitte Legal International will be a fully licensed foreign law practice independent from other Deloitte entities serving clients across South East Asia. Deloitte’s latest venture will see them offering legal services through a new foreign law practice. The top ...
European shares seen opening lower on US-China trade worries
August 2nd, 2018
European shares may drift lower at open on Thursday amid reports the Trump administration is mulling raising tariffs on Chinese goods. A spokesperson for China’s Foreign Ministry accused the US of “blackmail” and warning of inevitable countermeasures if the ...
