Financial markets showed signs of resilience following a failed coup attempt in Turkey, with the lira leading a rebound in emerging-market currencies and stocks gaining ground in Europe and Asia. Haven assets including the yen, gold and U.S. Treasuries fell.
Although liquidity conditions are changing in the FX market, they are not necessarily getting worse, claimed panelists at Profit & Loss’ Forex Network New York conference.
After a number of years having to take reactionary measures in response to new regulatory requirements, panellists at Profit & Loss’ Forex Network New York conference expressed enthusiasm for a new wave of innovation that has the potential to re-shape FX market infrastructure.
Britain may seek to curb immigration from the European Union even before it formally leaves the bloc, the freshly-appointed government minister in charge of Brexit said Sunday.
French authorities trying to piece together how a Tunisian man carried out the deadly Bastille Day truck attack in Nice detained two more people Sunday for questioning, sources familiar with the matter said.
A gunman fatally shot three police officers and wounded three others before being killed by police here Sunday morning, the second deadly multiple shooting to target police in 10 days.
Move over Brexit. The big talk in the financial markets right now is a meeting between former US Fed chairman Ben Bernanke and Japanese Prime Minister Shinzo Abe and his key economic advisors last week.
SoftBank Group Corp. agreed to buy ARM Holdings Plc for 24.3 billion pounds ($32 billion), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home.
Mehmet Simsek says ‘we will let prices adjust’ after attempted coup.
Hong Kong’s financial market regulator is querying brokerages and banks about their compliance with dark pool rules, according to people who have seen the questionnaire.
Bank of England policymaker Martin Weale said on Monday he was unsure whether he would back an interest rate cut at next month’s BoE meeting, in contrast to most of his colleagues who think stimulus is likely after Britain voted to leave the EU.
Hong Kong Exchanges and Clearing has been trying to move into the currency market, a wise move in light of the internationalisation of renminbi – but a challenging one all the same.
EBS BrokerTec has hired Jim Iorio as its new global head of sales and also appointed him to the firms’ executive management committee.
EBS BrokerTec has hired Christopher Coletti as its new head of forwards in the US for EBS Direct.
An influential shareholder advisory firm has weighed into the brewing shareholder dispute over Anheuser-Busch InBev’s blockbuster takeover of SABMiller.
Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday’s attempted coup in Turkey, while upbeat economic data from the United States lent price support.
Home price rises in China slowed in June for a second straight month, adding to fears that a construction-led rebound in the economy may not be sustainable.
The ruble extended last week’s rally as exporters bought the currency to pay local dividends and taxes, while some traders speculated that the coup attempt in Turkey will spur investors to seek alternatives in the Russian market
After enduring its most volatile period in more than 20 years, sterling is trying to regain its foothold.
Profit & Loss Scandinavia, 13 September, Copenhagen
Profit & Loss Forex Network Chicago, 28-29 September, Chicago, IL
Sibos 2016, 26-29 September in Geneva, Switzerland
FIA: Expo, 18-20 October in Chicago, IL