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By Nicholas Larkin, Bloomberg |
May 17, 2013
Gold bears are dominant again after prices resumed their slump and billionaire George Soros joined investors selling holdings in exchange-traded products that have retreated to a two-year low.
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By Silla Brush, Bloomberg |
May 16, 2013
JPMorgan Chase & Co., Goldman Sachs Group Inc. and the world’s largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition.
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By Debarati Roy, Bloomberg |
May 16, 2013
Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month.
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By Silla Brush |
May 15, 2013
The world’s largest banks are set to win a rollback in final Dodd-Frank Act rules intended to transform the swaps market.
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By Agnieszka Troszkiewicz |
May 15, 2013
LCH.Clearnet, which clears LME trades, plans to triple a fee levied on contracts before the LME takes over clearing itself next year.
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By Olga Tanas and Scott Rose, Bloomberg |
May 15, 2013
Russia left its main interest rates unchanged for an eighth month, brushing off government calls for lower borrowing costs and repeating an incremental cut to seldom used rates after inflation accelerated last month.
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By Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Silla Brush |
May 8, 2013
The regulator is considering reducing the number of price quotes a buyer must request before trading swaps.
