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Market News

Location American Market News for 3 October 2015
By Andreas Cremer and Barbara Lewis BERLIN/BRUSSELS
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Why Glencore Should Make All Investors Shudder A Glencore ratings downgrade and its consequences is the last thing the commodities markets need right now.
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Stop fixating on the FTSE, it tells us nothing about the state of the markets The average of Britain's benchmark index is meaningless. Winning or losing only ever depends on a handful of calls
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Can Swedish Krona Lay Claim To 'World's Best' Performing Currency? Is it possible to say which currency is the best in the world currently? Well, Carl Hammer, currency strategist at Nordic corporate bank SEB, thinks so and gone record as saying that he believes the Swedish Krona (SEK) i...
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The Week Ahead: Why Friday's Reversal Was Important For an already weak stock market the poor jobs report on Friday put the sellers back in charge in early trading as the Dow was quickly down 258 points. The initial selling in reaction to the new concerns over the economy...
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Gold zooms Rs660, biggest one-day gain this year

livemint.com - 3 Oct 2015 14:12
Gold zooms Rs660, biggest one-day gain this year Gold of 99.9 and 99.5% purity zoomed by Rs660 each, its biggest rise this year, to trade at Rs26,810 and Rs26,660 per ten grams respectively
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China to curb yuan speculation amid reform push

livemint.com - 3 Oct 2015 12:56
China to curb yuan speculation amid reform push China will further open up its capital markets and develop its foreign exchange market as it aims to 'accelerate the yuan convertibility on the capital account'
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By Bernie Woodall and Nick Carey DETROIT/CHICAGO
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Scottrade Says It Suffered Cyberattack

IBTimes - 3 Oct 2015 02:36
Discount broker Scottrade said on Friday that it was the victim of a cyberattack from late 2013 to early 2014 that compromised client names and addresses in a database with information on some 4.6 million customers. The ...
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