A trader who played the world’s futures markets from a small suburban house in Hounslow, West London, has been arrested and faces extradition to the US after allegedly making $40m (£27m) for his possible role in the so-called “flash crash” of 2010...
Events
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22 April 2015, 11:45 #high frequency trading
According to the economists polled by Bloomberg, Switzerland is now suffering from its biggest decline in output since the 2008-2009 financial crisis as exports slump three months since ending a cap on the franc...
Currency
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22 April 2015, 10:55 #Swiss National Bank, GDP
On Wednesday gold prices swung near the $1,200-level amid jitters over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors remained...
Metals
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22 April 2015, 10:37 #copper, silver, China
On Wednesday the dollar dipped against the yen in Asian session, with a bout of yen buying earlier in the morning session after Japan reported its first monthly trade surplus in nearly three years. The Australian dollar climbed on rising inflation...
Currency
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22 April 2015, 10:17 #Nikkei, usd/jpy, forex news
Twelve European Union members registered a higher public deficit in 2014 than they would normally be allowed under the Maastricht criteria. Surprisingly, Greece does not belong to the worst performers...
Events
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22 April 2015, 09:39 #GDP
On Wednesday crude-oil futures slid in Asian trade, undermined by expectations U.S. oil stockpiles will continue to rise and after Saudi Arabia suspended its air campaign in Yemen...
Crude Oil
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22 April 2015, 08:53 #crude oil
With a few weeks ahead of the UK general election, analysts say an outright victory for the right-leaning Conservative Party is encircled with concerns about “Brexit”, or an U.K. exit from the European Union, which in turn could put the pound GBPUSD under heavy pressure in the aftermath...
Currency
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21 April 2015, 17:13 #GBP/USD, forex news
According to a senior analyst at a major financial services company, the horrific 10-month drop in the price of oil could be due to ultra-loose monetary policy by the U.S. Federal Reserve...
Analytics & Forecasts
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21 April 2015, 16:15 #OPEC, Brent, crude oil
On Tuesday the greenback trimmed gains against its major rivals, but remained supported as it continued to recover from the previous week's disappointing U.S. data...
Currency
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21 April 2015, 15:17 #usd/jpy, GBP/USD, forex news
Greece’s energy minister Panagiotis Lafazanis is starting talks with Gazprom’s CEO Alexey Miller in Athens, the Guardian reports. A possible gas pipeline deal that could bring cheaper energy to Greece is on the agenda...
Events
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21 April 2015, 14:44 #IMF