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Economic News

Hedge fund Tiger Consumer Management to shut down this month

Posted by on Mar 5, 2015

BOSTON (Reuters) - Hedge fund manager Patrick McCormack, a protégé of industry pioneer Julian Robertson, is shutting down his roughly $1.4 billion Tiger Consumer Management,...

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Forex News

Sterling Steadies as BoE Decision Looms

Posted by on Mar 5, 2015

As markets await the Bank of England’s policy decisions which will be released later today, the Pound Sterling steadied broadly as investors attempt to balance the impact of an...

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Fundamental Analysis

Draghi Optimism Fails to Prevent Euro Decline

Posted by on Mar 5, 2015

Once again, despite offering very little new or unexpected information, ECB President Mario Draghi managed to bring plenty of volatility back to the markets. In the run up to the...

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Technical Analysis

NZDUSD: Did the RBNZ Just Cap the Kiwi?

Posted by on Mar 5, 2015

Despite the broad-based strength in the US Dollar, the New Zealand dollar has managed to hold its own against the world's reserve currency over the last few weeks. Unfortunately for...

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Recent Posts

Hedge fund Tiger Consumer Management to shut down this month

Hedge fund Tiger Consumer Management to shut down this month

Mar 5, 2015

BOSTON (Reuters) - Hedge fund manager Patrick McCormack, a protégé of industry pioneer Julian Robertson, is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a...

U.S. banks pass Fed capital test, trading books hurt

U.S. banks pass Fed capital test, trading books hurt

Mar 5, 2015

WASHINGTON/NEW YORK (Reuters) - All 31 U.S. banks passed a test of how they would do in a next economic crisis, the Federal Reserve said on Thursday, but those with large trading books came out...

Rothschild looks to organize Ukraine bondholders ahead of talks

Rothschild looks to organize Ukraine bondholders ahead of talks

Mar 5, 2015

NEW YORK/LONDON (Reuters) - Boutique investment firm Rothschild has invited investors to organize into a Ukraine creditor group ahead of a sovereign debt restructuring, sources directly familiar...

U.S. banks all pass capital hurdle in Fed stress test

U.S. banks all pass capital hurdle in Fed stress test

Mar 5, 2015

WASHINGTON (Reuters) - All 31 U.S. banks passed a 5 percent minimum hurdle for top-tier capital in an annual health check by the Federal Reserve, the central bank said on Thursday, as the...

Field of dreams: Championship coaches tell of small-town starts

Field of dreams: Championship coaches tell of small-town starts

Mar 5, 2015

NEW YORK (Reuters) - It doesn't matter if you are Michael Jordan, Peyton Manning or any other of the all-time sports greats: Even the most talented people on the planet need a...