News

Trump’s Remarks Impact FTSE 100, Strengthens Sterling

With U.S. President Donald Trump reiterating his protectionist agenda in his inauguration speech, the pound sterling gained strengthened to a…

8 years ago

Aussie remains weak on falling coking coal prices

The annual Financial Times report for 2017, prepared on the basis of a survey conducted among economists tracking developments in…

8 years ago

Low cost deposits, rising interest rate keeps BoA bullish

The Bank of America (NYSE: BAC), the second largest bank by assets in the US, reported lower than anticipated fiscal…

8 years ago

Chinese Banks Being Forced To Shield Foreign Exchange Regulator

Local media reports state that China’s foreign exchange regulator is asking banks in the country to not reveal to customers…

8 years ago

Soft retail sales data turns Aussie weak

Last month, the Australian dollar hardly reacted to the news of 0.5% economic contraction in the third-quarter of 2016. Analysts…

8 years ago

Overbought F5 Networks signals reversal ahead of results

The stock of internet traffic and content management solutions provider F5 Networks Inc. (NASDAQ: FFIV) recorded a yearly high of…

8 years ago

Chinese FX Purchase Restrictions May Only Slow Down Capital Outflows

China’s yuan has been taking a hit in part due to the growing sense of optimism over the revival in…

8 years ago

Pound remains bullish on strong manufacturing PMI data

The talk of hard-Brexit pushed the Pound lower against major currencies in mid-December. The FOMC’s statement pointing out a possibility…

8 years ago

Deutsche bank reaches agreement with DOJ on mortgage case

There were two major scandals that shook the banking and finance industry in the last decade. They are interest rate…

8 years ago

LSE Agrees To Sell French Clearing House To Euronext

The London Stock Exchange (LSE) Group has agreed to sell its 50 percent stake in French clearing house LCH Clearnet…

8 years ago