The Federal Reserve won’t raise interest rates this week, but will likely make clear that as long as U.S. inflation and jobs continue to strengthen, economic weakness overseas won’t stop rates from rising fairly soon.
Post-crisis bond between central bankers and markets looks increasingly unhealthy.
China’s central bank has drafted rules for a tax on foreign-exchange transactions that would help curb currency speculation.
The Bank of Japan kept monetary policy steady on Tuesday but offered a bleaker view on the economy and warned of waning inflation expectations, signaling that global headwinds that may justify deploying yet more stimulus ahead.
A deep recession, downgrades from rating agencies, spiraling unemployment, a huge fiscal deficit, political turmoil — the list of Brazil’s problems is long and seemingly unsolvable. So why are currency investors showing a liking for Brazil’s real?
Egypt’s central bank devalued the pound on Monday and said it would move to a more flexible exchange rate regime, in an effort to rebalance markets and ease a foreign exchange shortage that had stifled business activity and hit confidence.
Restricted to a tight trading band against the greenback, Hong Kong’s dollar may not be among the most-watched currencies in the world. But it can be a pretty good proxy for gauging investor concerns about China.
A former shareholder of Promsberbank, a Russian lender whose license was revoked last year, was arrested in Moscow earlier this month as regulators probe trades handled by Deutsche Bank AG that may have been used to launder money.
South Korea’s competition watchdog said it had fined HSBC Holdings Plc’s Hong Kong unit and Deutsche Bank AG a combined 59 million won ($50,000) for colluding on foreign exchange swap bids – its first-ever penalty for an FX derivatives-related case.
The US Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) has issued a no-action letter extending the time period for relief in connection with swap trade confirmation requirements that previously was provided, and which expires on March 31, 2016.
The long wait by Wall Street’s top regulator for a full slate of commissioners may soon end. That doesn’t mean the partisan fights over rules and corporate punishments that have stalled action at the U.S. Securities and Exchange Commission will stop.
A new bank-owned initiative, “Bank in a Box” (BiaB) is being launched today, March 15.
Carsten Kengeter is on track to run Europe’s largest stock exchange. Three years ago, British prosecutors viewed him as a possible co-conspirator in the global interest-rate-rigging scandal.
Trading infrastructure firm Object Trading (Object) and clearing provider G.H. Financials (G.H.) are working together to provide improved Direct Market Access (DMA) to the ASX 24 derivatives trading platform.
Emerging markets have been caught between expectations of a stronger U.S. dollar and fear that China will allow a much weaker yuan.
In or out, Britain will pay a price in delayed investment and consumption and increased volatility simply because it is voting on its European Union future.
Emerging markets are at a turning point with a reversal in sight, said Mark Mobius, executive chairman at Templeton Emerging Markets Group, signaling optimism after the worst annual rout in four years.
Fine issued for failing to meet minimum capital requirements, failing to timely report minimum net capital violations, supervisory failures, and violating a prior CFTC order.
The People’s Bank of China (PBC) and the Monetary Authority of Singapore (MAS) today announced the renewal of the existing bilateral currency swap arrangement (BCSA) for a further term of three years.
FIA: Boca 2016, 15-18 March in Boca Raton, FL
FOW: Derivatives World, 12-13 April in Hong Kong
FX Week FX Invest North America, 12 April in Boston, MA
Profit & Loss Forex Network London, 14 April in London, UK
Profit & Loss Latin America, 20 April in Mexico City
ACI World Congress 2016 – Indonesia, 26-30 April, Jakarta
Eurofinance: Asia Treasury, 18-20 May in Singapore
Profit & Loss Forex Network New York, 26 May, New York City
FIA: IDX 2016, 7-8 June in London, England
Profit & Loss Scandinavia, TBD 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