You are here
Daily Dispatches
U.S. may revoke settlement agreements in currency-rigging probes
Submitted by cpowell on Tue, 2015-03-17 20:03 Section: Daily DispatchesBy David McLaughlin and Tom Schoenberg
Bloomberg News
Tuesday, March 17, 2015
WASHINGTON -- U.S. prosecutors investigating currency manipulation are considering revoking years-old settlements and prosecuting banks for rigging interest rates, according to people familiar with the matter.
Europeans defy U.S. to join China-led development bank; Australia may be next
Submitted by cpowell on Tue, 2015-03-17 01:55 Section: Daily DispatchesBy George Parker, Anne-Sylvaine Chassany, and Geoff Dyer
Financial Times, London
Monday, March 16, 2015
France, Germany, and Italy have all agreed to follow Britain's lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading Western countries out of the new institution.
Koos Jansen: Yuan's inclusion in SDRs likely will carry gold with it
Submitted by cpowell on Mon, 2015-03-16 20:04 Section: Daily Dispatches8a SGT Tuesday, March 17, 2015
Dear Friend of GATA and Gold:
Declining U.S. economy doesn't support soaring dollar, Embry tells KWN
Submitted by cpowell on Mon, 2015-03-16 19:51 Section: Daily Dispatches7:45a SGT Tuesday, March 17, 2015
Dear Friend of GATA and Gold:
China seems to be claiming 88 percent of world gold mine production
Submitted by cpowell on Sun, 2015-03-15 00:26 Section: Daily Dispatches11:31a ICT Sunday, March 15, 2015
Dear Friend of GATA and Gold:
U.S. seeks billions from global banks in currency manipulation settlement
Submitted by cpowell on Fri, 2015-03-13 22:33 Section: Daily DispatchesThat is: Nobody rigs our markets but us.
* * *
By Keri Geiger and Greg Farrell
Bloomberg News
Friday, March 13, 2015
NEW YORK -- The U.S. Justice Department is seeking about $1 billion each from global banks being investigated for manipulation of currency markets, according to two people familiar with the talks.
Ronan Manly: Chinese bank participation in new London metals pricing system isn't assured
Submitted by cpowell on Fri, 2015-03-13 21:03 Section: Daily Dispatches8a ICT Saturday, March 14, 2015
Dear Friend of GATA and Gold:
Here's a summary of reports of interest published in the last few hours.
-- Gold researcher and GATA consultant Ronan Manly is skeptical of assumptions that Chinese banks are set to have much influence in the new London gold and silver price-reporting mechanisms in London:
Gold market sentiment matters no more than technical analysis does
Submitted by cpowell on Fri, 2015-03-13 02:55 Section: Daily Dispatches2:05p ICT Friday, March 13, 2015
Dear Friend of GATA and Gold:
Some gold market analysts are noting that sentiment in the sector has probably never been worse. They construe this as an indicator of a bottom in the metal's price and the price of gold mining shares. But in a market as manipulated as the gold market, sentiment has no more meaning than technical analysis does.
Koos Jansen: The mechanics of the Chinese gold market
Submitted by cpowell on Thu, 2015-03-12 23:08 Section: Daily Dispatches10:10a ICT Friday, March 13, 2015
Dear Friend of GATA and Gold:
U.K. seeks to join China-backed Asian infrastructure bank
Submitted by cpowell on Thu, 2015-03-12 21:59 Section: Daily DispatchesBy Maria Levitov
Bloomberg News
Thursday, March 12, 2015
LONDON -- The U.K. is looking to join China's Asian Infrastructure Investment Bank, becoming the first "major western country" to apply for membership, Chancellor of the Exchequer George Osborne said.
Pages
