Archive for December, 2015

CANADA FX DEBT-C$ rises with oil, closing out worst year since 2008

December 31st, 2015

CANADA FX DEBT-C$ rises with oil, closing out worst year since 2008
(Adds analyst quote, adds details, updates prices) * Canadian dollar at C$1.3840 or 72.25 U.S. cents * Ends year down 16 percent on weak oil prices * Bond prices higher across the maturity curve By…


Source
Reuters: US Dollar Report

FOREX-Dollar gains over 9 pct against basket of major rivals in 2015

December 31st, 2015

FOREX-Dollar gains over 9 pct against basket of major rivals in 2015
NEW YORK, Dec 31 (Reuters) – The dollar ended 2015 with a more than 9 percent annual gain against a basket of currencies on Thursday, despite falling in December, with portfolio rebalancing from…


Source
Reuters: US Dollar Report

S&P 500 poised for uninspiring end to turbulent 2015

December 31st, 2015

S&P 500 poised for uninspiring end to turbulent 2015

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkIn a reversal of one of 2015's major trends, oil shares moved higher, with the S&P energy sector up 0.73 percent and alone among gainers. With crude prices losing a third of their value this year under an unprecedented global glut, the energy sector has tumbled 23 percent, its worst annual performance since the global recession. The S&P 500 hit a record high in May only to slump 11 percent over eight days in August over fears of a China-led global economic slowdown.

Source
Stock Markets News Headlines – Yahoo! News

Why the US Wants New Sanctions Against Iran

December 31st, 2015

Why the US Wants New Sanctions Against Iran

Why the US Wants New Sanctions Against IranThe aftermath of the nuclear agreement that the U.S. and other world powers struck with Iran over the summer has been confusing at best, with charges and counter-charges claiming that the participants have violated its terms or operated in bad faith. On Wednesday, things got even stranger, with the report in The Wall Street Journal that the U.S. Treasury Department is preparing sanctions against businesses and individuals that have supported Iran’s development of ballistic missiles.

Source
Stock Markets News Headlines – Yahoo! News

US open: Wall Street on track to end 2015 with losses

December 31st, 2015

US open: Wall Street on track to end 2015 with losses
(ShareCast News) – Wall Street looked set to end the year lower following the release of weaker than expected data on jobs and manufacturing sector activity, although some economists were still sanguine …
Source
Stock Markets News Headlines – Yahoo! News

Peru's sol slips 14.5 pct in all of 2015, biggest drop in 17 yrs

December 31st, 2015

Peru's sol slips 14.5 pct in all of 2015, biggest drop in 17 yrs
LIMA, Dec 31 (Reuters) – Peru’s sol currency slipped 14.5 percent in all of 2015, its steepest drop since 1998 despite frequent interventions by the central bank that totaled $8 billion.


Source
Reuters: US Dollar Report

GLOBAL MARKETS-Stocks slip to close year mixed; oil up modestly to end ugly 2015

December 31st, 2015

GLOBAL MARKETS-Stocks slip to close year mixed; oil up modestly to end ugly 2015
NEW YORK, Dec 31 (Reuters) – Stock and bond markets in major economies were set to close 2015 with a mixed performance, while oil prices and emerging markets cemented big losses during a year that…


Source
Reuters: US Dollar Report

FOREX-Dollar on track for more than 9 pct gain in 2015

December 31st, 2015

FOREX-Dollar on track for more than 9 pct gain in 2015
NEW YORK, Dec 31 (Reuters) – The dollar was set to end 2015 with a more than 9 percent annual gain against a basket of currencies on Thursday, despite a small decline in December, with portfolio…


Source
Reuters: US Dollar Report

UPDATE 1-Mexico central bank board united in move to follow Fed hike

December 31st, 2015

UPDATE 1-Mexico central bank board united in move to follow Fed hike
MEXICO CITY, Dec 31 (Reuters) – Mexico’s central bank board made a unanimous decision to hike borrowing costs earlier this month in a bid to stem further weakening in the peso currency after the…


Source
Reuters: US Dollar Report

Mexico cenbank unanimous in decision to raise rates-minutes

December 31st, 2015

Mexico cenbank unanimous in decision to raise rates-minutes
MEXICO CITY, Dec 31 (Reuters) – Mexico’s central bank board made a unanimous decision to hike borrowing costs earlier this month in a bid to stem further weakening in the peso currency after the…


Source
Reuters: US Dollar Report