By Gertrude Chavez-Dreyfuss and Anna Irrera | NEW YORK NEW YORK Day traders love making bets on tweets from U.S. President Donald Trump, but some of the most prominent quantitative strategists from hedge funds and banks are not quite ready to make big, bold trades on his social media musings. The president’s active Twitter presence has lifted volatility in financial markets, which is good for day traders […]
The growth of electronic trading in fixed income has always been driven by efficiency, but we’ll begin to see data science and analytics fuel new levels of smart trading this year. Marketplaces such as Tradeweb have spent the last 15 to 20 years building out infrastructure to digitise these businesses and organise their trading activity through more streamlined workflows and trading protocols. Yet, even now, a significant […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending rose solidly in December as households bought motor vehicles and a range of services amid rising wages, pointing to sustained domestic demand that could spur faster economic growth in early 2017. There are also signs of inflation steadily firming. The strengthening economy, rising price pressures and a tightening labor market could allow the Federal Reserve to lift interest […]
Aberdeen Asset Management and Franklin Templeton Investments are among asset managers pushing Mexican authorities to overhaul two practices they say are harming investor confidence in a country that has been in global crosshairs since US president Donald Trump took office earlier this month. Cartica, a US-based asset manager focused on emerging markets, is leading a charge from the firms to push listed Mexican companies to give at […]
European, Asian stocks and S&P futures all drop after traders were left with a sour taste from the potential fallout of Donald Trump’s order halting some immigration and ahead of central bank decisions from the U.S. and Japan. Markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam are all shut due to the Lunar New Year public holiday, leading to a quiet Asian session. Oil […]
By Nichola Saminather | SINGAPORE SINGAPORE Asian share markets and Wall Street stock futures fell on Monday after immigration curbs introduced by U.S. President Donald Trump heightened concerns about the impact of the new administration’s policies on trade and the economy. European markets were also poised for a sluggish start, with financial spreadbetter CMC Markets expecting Germany’s DAX to start the day 0.3 percent lower, Britain’s FTSE […]
Monday 08:30 GMT Overview The dollar and Wall Street equity futures are under pressure after data last week showed slower than expected US growth and as traders digest President Donald Trump’s executive order to clamp down on people entering the US from seven predominantly Muslim countries. The sour tone is suppressing stock markets in Europe, though not lifting government bond prices or supporting gold to any great […]
London Business School’s leading thinkers give us their views on the challenges and opportunities that businesses will encounter in 2017. Disruptive opportunities “2017 will be the year of disruption,” says Costas Markides, professor of strategy and entrepreneurship and executive education faculty director. “Every industry will be affected by some kind of discontinuity or disruption – whether it’s the invasion of new business models or the arrival of […]
UAE prime minister Sheikh Mohammed has approved a cabinet decree that will see Russian citizens granted an entry visa at all entry points to the county. The visa will allow citizens of the Russian Federation an entry visa for 30 days for the first time, renewable one time only for another 30 days, as per UAE regulations. The decree is hoped to develop economic and tourism ties […]
Phoenix Contact to showcase new innovative products at the Middle East Electricity 2017 Dubai, United Arab Emirates- January 29, 2017, (ME NewsWire) Phoenix Contact, an electrical engineering company is set to participate at the upcoming 42nd edition of the Middle East Electricity (MEE) 2017. The Phoenix Contact stall will be located at booth number 6A10 in hall number 6 at the Dubai World Trade Centre from 14 […]
Is “mobile-first” really the key takeaway for SEO in 2017? The message for SEO in 2017 is loud and clear: Design your website in a fashion that makes mobile users the priority. If you listen closely, you can almost hear Google whisper, “Or be left behind, mwah ha ha…” Now, where you may have been focusing very little (if at all) on mobile up to this point, […]
“It seems to me like a lot of people think we’re in a new inflationary boom,“ but, warns Gluskin-Sheffs David Rosenberg, “the answer is no… that’s just not gonna happen. It’s not like Ronald Reagan at all in that regard.” Full podcast: Submitted by Patrick Ceresna via Macrovoices.com, This time around, not only are valuations at 15-year highs but we’re entering it into the eighth year of […]
ABU DHABI // UAE residents were outraged by the “unfair” travel ban issued on Friday that prevents many of them from travelling to the United States. US president Donald Trump issued an executive order barring citizens from Sudan, Yemen, Syria, Libya, Somalia, Iran and Iraq from entering the country for 90 days. “I really believe this is unfair because there are many Somalis across the world who […]
By Sinead Carew | NEW YORK NEW YORK In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week would provide investors with welcome distraction from speculation about the U.S. president’s policy plans. But the current world is less than ordinary. In the second week after Donald Trump’s inauguration, issues such as his controversial immigration policies will likely […]
Despite the Trump administration’s chaotic start, there is one man who has every reason to thank the new US president — Haruhiko Kuroda, governor of the Bank of Japan. At a policy meeting this week, Mr Kuroda’s BoJ is set to edge upwards its growth forecasts for Japan, reflecting a Japanese economic outlook transformed by Mr Trump’s election and subsequent weakness in the yen. The US election […]
BERLIN Germany made mistakes with an open-door policy that saw more than a million migrants enter Germany over the past two years, Finance Minister Wolfgang Schaeuble acknowledged on Sunday, but he said Berlin was trying to learn from those missteps. “We have tried to improve what got away from us in 2015,” Schaeuble told the newspaper Welt am Sonntag. “We politicians are human; we also make mistakes. […]
By Devika Krishna Kumar and Catherine Ngai | NEW YORK NEW YORK Investors have rushed back into North American pipelines after U.S. President Donald Trump revived growth prospects in a sector that struggled to cope with a two-year oil price slump and strident opposition from environmental and Native American activists. Investor confidence in the industry was shaken last year when the administration of former President Barack Obama […]
British pop icon Rod Stewart will perform in Abu Dhabi for the first time this year. The crooner’s concert, at Du Arena on March 2, so far marks the capital’s first and only big gig slated for Saadiyat Island in 2017. Pre-sale tickets go on sale from Monday at noon, before general release on Wednesday, also at noon. The evergreen performer is enjoying a fresh spurt of […]
US President Donald Trump will speak to the leaders of Saudi Arabia, the UAE and South Korea in separate calls on Sunday, the White House said in a statement. Trump is expected to speak with Saudi Arabia’s King Salman first this afternoon, followed by a conversation with Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. The calls come just days after Trump signed an […]
Emirates has announced plans to further expand its European network with the introduction of a daily flight from Dubai to Zagreb, the capital of Croatia from June 1. The new southeast European destination will be served by an Emirates Boeing 777-300 aircraft, the only wide-body service operating to/from Zagreb, the airline said in a statement. “Emirates has had a commercial presence in Croatia since 2003, so to […]
US president Donald Trump and his Russian counterpart Vladimir Putin plan to meet soon to discuss “joining forces” in the Syrian conflict and “partnering” to solve a range of global issues, the Kremlin said on Saturday. During a 45-minute phone conversation, their first since Mr Trump was sworn in last week, the two men spoke in a “positive and businesslike manner” aimed at “stabilising and developing Russo-American co-operation”, according […]
26 January 2017 Dubai: “Biznet” Consulting, the leading company in the field of single window application system for various fields, such as construction and business, has promulgated and announced the start of its operations, aiming to expedite and simplify information flows between trade and government bring meaningful gains to all parties involved. Ismail Al Hammadi, CEO of “Biznet” Consulting, assured that the launch of the company’s services will […]
By Kiyoshi Takenaka and Roberta Rampton | TOKYO/WASHINGTON TOKYO/WASHINGTON U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed on Saturday to meet early next month, affirming the importance of bilateral ties while setting the stage for potentially sensitive trade talks. Trump’s administration has put the focus of the Abe visit, one of the first summits of the new presidency, on starting bilateral trade talks. Japan […]
LISBON French President Francois Hollande said on Saturday the new U.S. government was encouraging “populism and even extremism”, as he and fellow southern European leaders urged unity to face an increasingly uncertain world. “We have to stand together in Europe,” Hollande said during the meeting in Lisbon. “What is at stake is populism. The kind of discourse now coming from the United States encourages populism and even […]
