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By Matthew Leising, Bloomberg |
June 18, 2013
The probe of Libor manipulation is proving to be the tip of the iceberg as inquiries into assets from derivatives to foreign exchange show that if there’s a chance to rig benchmark rates in world markets, someone is usually willing to try.
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By Nandini Sukumar, Bloomberg |
June 18, 2013
European antitrust regulators reportedly have lodged no objections to IntercontinentalExchange Inc.’s takeover of NYSE Euronext.
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By Lindsay Fortado, Ben Moshinsky and Jim Brunsden, Bloomberg |
June 14, 2013
Global regulators reportedly may start overseeing currency rates in a widening response to benchmark-rate setting scandals.
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By Ambereen Choudhury, Gavin Finch and Liam Vaughan |
June 13, 2013
Britain should investigate currency rate manipulation, E.U. officials said, following accusations traders have rigged rates.
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By Liam Vaughan, Gavin Finch and Ambereen Choudhury |
June 11, 2013
Traders at some of the world’s biggest banks reportedly have manipulated benchmark forex rates.
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By Phil Flynn |
June 11, 2013
The EIA shocked in a good way when they reported a major increase in global oil supply! According to that number and assuming the world consumes 19 million barrels of oil per day, we then have 497 years of oil left.
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By Phil Flynn |
June 10, 2013
The U.S. jobs report was just right. Strong enough to suggest decent energy demand but not enough of a blockbuster that may force the Fed to hurry up and taper.
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By Jack Scoville |
June 5, 2013
Coffee was lower on speculative selling. Arabica cash markets seem quiet right now and roasters in the U.S. are showing little interest in buying.
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By Phil Flynn |
June 5, 2013
Goldman Sachs says that the Fed will say goodbye to easing and start to tapper bond buys in September. The so called taper is sending stocks lower but oil is hanging tough.
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By Phil Flynn |
May 30, 2013
Tropical storm Barbara is down played by NHC, although still headed toward Mexico's largest refinery.