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Pound Slumps as BOE Rate-Rise Expectations Recede

14/01/2016(1)
China-linked market turmoil has made Bank of England rate increase less likely, investors say The British pound tumbled to a more than 5½-year low this week, as concerns about ... Read More
oil

Oil price briefly falls below $30 a barrel

14/01/2016(0)
Oil prices have briefly fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again. Brent crude, used as an international benchmark, ... Read More
market-research

Asia markets retrace some losses, China bucks trend

14/01/2016(0)
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade ... Read More
market-research

Bank FX sales teams challenged in new regulatory climes

13/01/2016(0)
FX sales teams are now more restricted in how much market colour they can provide to clients, challenging the relationship-driven industry. At first blush, much of the day-to-day function ... Read More
turkish-lira

Turkish lira subdued after Istanbul blast as global markets edge up

13/01/2016(0)
The Turkish lira lagged an emerging market recovery on Tuesday, staying under pressure after a deadly bomb blast in central Istanbul rattled investors but failed to cause sharp losses. ... Read More
oil-well

When OPEC cuts output, oil prices will begin to climb

13/01/2016(0)
While the consensus view is the the oil price will go even lower yet, once production is reduced it will start rising again. There’s a very good reason why the ... Read More
market

Major Asian stocks close up, Nikkei rebounds 2.88%

13/01/2016(0)
Asia markets closed mostly higher, with some major indexes rebounding Wednesday, in a sign of returning stability even in the face of lingering worries about China and falling commodity ... Read More
OPEC logo

OPEC president sees emergency meeting in March

12/01/2016(0)
OPEC president Emmanuel Ibe Kachikwu said Tuesday that he expects an extraordinary meeting of the oil cartel in “early March” OPEC president Emmanuel Ibe Kachikwu said Tuesday that he ... Read More
petrolprice

Crude oil prices fall almost 20 percent since beginning of the year

12/01/2016(0)
Crude oil prices continued a relentless dive early on Tuesday, falling almost 20 percent since the beginning of the year as analysts scrambled to cut their 2016 oil price ... Read More
Chinese yaun

China Stock Selloff Abates on State Efforts to Stabilize Yuan

12/01/2016(0)
Offshore yuan climbs to one-week high amid intervention Shanghai Composite’s RSI signals oversold conditions China’s stocks rose in volatile trading after the benchmark index briefly fell below the 3,000 ... Read More
Broker Cyprus TopFX