money

Economy

The Numbers Say That A Major Global Recession Has Already Begun

14/10/2015(0)
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”.  According to British banking giant HSBC, global ... Read More
money--dollars

Where Is the First Helicopter Drop of Money Likely to Land? (Video)

13/10/2015(0)
So what’s left in the toolbag of central banks and states to stimulate recessionary economies if QE has been discredited? The answer: Helicopter Money. We all know helicopter money of some ... Read More
ubs

UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds

30/09/2015(0)
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with ... Read More
yuan_market

China’s currency could double losses this year – economists

15/09/2015(0)
Watch out! China’s currency is likely to tumble further before the end of the year, according to a CNNMoney survey of economists. The yuan, also called the renminbi, is ... Read More
ubs

UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs

04/09/2015(0)
UBS Group AG has shifted more than $5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest ... Read More
yuan_market

China c.bank to clamp down on forwards trading to curb yuan depreciation

01/09/2015(0)
Banks must hold 20 pct reserve vs nominal FX forwards value Reserves to be denominated in U.S. dollars, no interest paid Move seen as increasing risk control, discouraging speculation ... Read More
stock-market-collapses

When Authorities “Own” the Market, The System Breaks Down: Here’s Why

28/07/2015(0)
Central planning asset purchases aimed at propping up prices destroy the essential price discovery needed by private investors. Panicked by the possibility of declines that undermine the official narrative ... Read More
china

China’s central bank injects US$8b into market

07/07/2015(0)
The People’s Bank of China, China’s central bank, has injected 50 billion yuan (US$8.2 billion) into the money market through open market operations, it announced on Tuesday. This has ... Read More
oil and gas - britain

Oil Bears Miss Out as Record U.S. Refinery Demand Drives Rally

25/05/2015(0)
Oil speculators missed out as record demand from U.S. refineries helped trim supplies from their highest level in more than eight decades and drive prices higher. Hedge funds and ... Read More
barclays-logo-3

U.S. SEC a stumbling block in banks’ forex guilty pleas – sources

15/05/2015(0)
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange ... Read More
Broker Cyprus TopFX