Asia Stocks, Oil Jump as Dollar Sags After Fed

Top Headlines

Asia Stocks, Oil Jump as Dollar Sags After Fed – Reuters

Asian shares edged higher on Friday, oil touched a 2016 high and the U.S. dollar weakened as investors turned more positive on riskier assets after the Federal Reserve’s cautious stance on further interest rate increases.

Read More

FCA Bans Former Deutsche Bank Trader for Manipulating U.S. Dollar Libor Submissions

Top Headlines

FCA Bans Former Deutsche Bank Trader for Manipulating U.S. Dollar Libor Submissions – Wall Street Journal (subscription)

The Financial Conduct Authority said on Wednesday that it has banned former Deutsche Bank AG trader Michael Ross Curtler for his part in a conspiracy to manipulate the bank’s U.S. dollar Libor submissions.

Read More

U.S. Treasury Secretary Sees Reduced Risk of Currency Devaluations

Top Headlines

U.S. Treasury Secretary Sees Reduced Risk of Currency Devaluations – Wall Street Journal (subscription)

Commitments by China and other major economies over the weekend have lowered the threat of currency depreciations that could fuel global market turmoil, U.S. Treasury Secretary Jacob Lew said Tuesday.

Read More