Finance

Central banks throw their weight behind Forex Global Code

Central banks throw their weight behind Forex Global Code The Code is meant to promote the integrity and effective functioning of the market by ensuring a consistent set of good practices adopted across jurisdictions. The code does not ban the practice, but instead dictates that any market providers employing last look "should be transparent regarding its use". The Reserve Bank and Financial Markets Authority have welcomed the release of a new code to ... [Full Article...]

Today Barrick Gold Corporation (NYSE:ABX) Reported Increase in Shorted Shares

Today Barrick Gold Corporation (NYSE:ABX) Reported Increase in Shorted Shares This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. The rating was maintained by Deutsche Bank with "Hold" on Friday, July 29. The ex-dividend date is Friday, May 26th. The original version of this piece of content can be read at https://baseballnewssource.com/markets/barrick-gold-corp-abx-rating-reiterated-by-scotiabank-updated... [Full Article...]

Oil drops after OPEC-led output cut extension falls below expectations

Oil drops after OPEC-led output cut extension falls below expectations On Thursday, OPEC announced that the existing output cut agreement will be extended for an additional 9 months, which was in line with market expectations. producers are poised to expand more, even if prices tick upward only moderately as a result of an oil-cut extension by OPEC and its partners. US oil production C-OUT-T-EIA has risen more than 10 percent since mid-2016 to more than 9.3 milli... [Full Article...]

UAE and Saudi Arabia to donate $100m to Ivanka Trump fund

UAE and Saudi Arabia to donate $100m to Ivanka Trump fund President Trump is also expected to meet with Palestinian Authority President Mahmoud Abbas while in the region. As voters in Iran danced in the streets, celebrating the landslide re-election of a moderate as president, US President Donald Trump stood in front of a gathering of leaders from across the Muslim world and called on them to isolate a nation he said had "fuelled the fires... [Full Article...]

Hannity says liberal fascists after sponsors; 1 is leaving

Hannity says liberal fascists after sponsors; 1 is leaving Hannity claimed Rich's murder was ordered by the Clintons in retaliation for leaking DNC emails to WikiLeaks . The police believe Rich was likely shot to death on a street near his home during an attempted robbery. Fox News denied there was anything unusual about his vacation. "Those who suggest otherwise are going to look foolish". Hannity finally chose to stop talking about the case... [Full Article...]

Pakistan presents new $50 billion development-heavy budget

Pakistan presents new $50 billion development-heavy budget He also announced that the budget of Pakistan Baitul Mal (PBM) has been increased from Rs 4 billion to Rs 6 billion. Pakistan's economy expanded nearly 5.3 percent in the a year ago, the country's finance minister said Thursday, as gross domestic product crossed $300 billion for the first time. [Full Article...]

Trump scolds fellow NATO leaders: Spend more for military

The small former Yugoslav republic is slated to become NATO's 29th member next month. The American President makes sure to meet at least one new leader every two or three weeks so he can add a new handshake to his constantly expanding collection of awkward but well-documented handshakes. [Full Article...]

'Hero's welcome' for missile developers in North Korea

'Hero's welcome' for missile developers in North Korea Tillerson told a UN Security Council meeting on North Korea on April 28, "North Korea must take concrete steps to reduce the threat that its illegal weapons programs pose to the United States and our allies before we can even consider talks". [Full Article...]

Snap Drops 15%: Q1 Revenue, EPS Miss, Subs Rise Just 5%

Snap Drops 15%: Q1 Revenue, EPS Miss, Subs Rise Just 5% DAUs increased 5 per cent quarter-over-quarter, from 158 million in Q4 2016. Monness, Crespi, Hardt & Co predicted 173 million, according to Reuters . The company added about eight million new daily average users during the first three months of FY17, implying 36% year-over-year (YoY) growth. Twitter , meanwhile, beat expectations handily in its first earnings report , with revenue of $242.... [Full Article...]

Trump administration announces plans to renegotiate NAFTA

Trump administration announces plans to renegotiate NAFTA The arguments were popular with voters, but businesses and some congressmen have expressed more reservations about the plan to renegotiate, fearing that missteps from the administration could lead to unintended consequences and impair valuable export markets. [Full Article...]

Retailer earnings help USA stocks toward 6th day of gains

Among other precious metals , silver was flat at $17.18 an ounce, while platinum gained 0.1 percent to $945.25 and palladium rose 0.3 percent to $764.98. FED'S PLANS: According to the minutes released Wednesday, Federal Reserve officials discussed steps for shrinking the US central bank's $4.5 trillion in bond holdings. [Full Article...]

Texas, US retail gasoline prices up before holiday weekend

Texas, US retail gasoline prices up before holiday weekend The national report noted that the "price of gasoline typically increases during spring as refiners switch from winter-grade to more expensive summer-grade gasoline". Retail gasoline prices vary significantly within the United States because of regional supply and demand balances, gasoline specification requirements, and taxes. [Full Article...]

Moody's downgrades Hong Kong credit rating after China cut

This is the first time that Moody's has cut its investors ratings on Chinese debt in more than 25 years. The outlooks on the two remaining GRI subsidiaries are negative. Commenting on the downgrade, PineBridge Investments co-head of Asia fixed income Arthur Lau said the decision was not a shock, given Moody's downgrade of China from "neutral" to "negative" in March. [Full Article...]

G-7 leaders in Italy get tricolor flyover

Trade will also be a big topic , with Cohn saying the United States' guiding principle will be "we will treat you the way you treat us", suggesting that retaliatory tariffs could be imposed. In the evening following his meetings, Trump and the first lady will attend a G7 concert by La Scala Philharmonic Orchestra before the leaders and their spouses sit down for dinner. [Full Article...]

Eurozone fails to reach debt deal for Greece

Eurozone fails to reach debt deal for Greece Free webinar: Register now to learn about Closing the Gap between Government and IT with Army and Military Health System. Time is running out for Greece as without the rescue loans it would struggle to meet a repayment in July of 7 billion euros (£6 billion). [Full Article...]

Republican wins US House race after being charged with assaulting reporter

Gallatin County Sheriff Brian Gootkin , who acknowledged he had donated $250 to Gianforte's campaign, charged the candidate with misdemeanor assault . " The Guardian's Ben Jacobs entered the office without permission, aggressively shoved a recorder in Greg's face, and began asking badgering questions", Scanlon said in a statement . [Full Article...]

Republican leads in Montana election despite assault charge

Missoula County election administrator Rebecca Connors says she got a dozen phone calls just this morning from voters wanting to change their vote. I need to share something from my heart. "That's not the person I am, and that's not the way I'll lead in this state". Gianforte also crushed Quist in most rural counties, winning by margins as big as 3-to-1. [Full Article...]

Fidessa Group plc (FDSA) Given Consensus Recommendation of "Hold" by Brokerages

Fidessa Group plc (FDSA) Given Consensus Recommendation of Laird PLC had 66 analyst reports since July 30, 2015 according to SRatingsIntel. On Monday, March 7 the stock rating was maintained by Beaufort Securities with "Buy". Its up 0.02, from 0.86 in 2016Q3. Ameriprise Fincl invested in 0% or 115,569 shares. (NYSE:GPI) for 2.46 million shares. Somerville Kurt F invested in 2,125 shares. [Full Article...]

Korea fires shots at N. Korea after object crosses border

Korea fires shots at N. Korea after object crosses border China fully implements its U.N. Security Council sanction commitments toward North Korea and will continue to play a constructive role in negotiations, Wang said. Additionally, two suspected North Korean drones were found in South Korea in 2014, one on the island of Baengnyeong and another in the city of Paju, close to the border. [Full Article...]

GOP focus on lowering health premiums may undermine benefits

GOP focus on lowering health premiums may undermine benefits The latest CBO analysis came after House Republicans made changes to the bill earlier this month to try to ensure that people with pre-existing medical conditions can still get insurance . "This is a very challenging undertaking", McConnell said . Republican senators have said they're moving in their own direction. The report said that under Obama's law, the nation's health insur... [Full Article...]


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