Barclays read recent Chinese measures as evidence that officials are accepting that the country's growth trend has been hit by the build-up of imbalances that can no longer be sustained. Barclays's analysts think that a lower Chinese growth trend, more than the cyclical slowdown, opens interesting opportunities for FX markets in the months ahead.
This had been one of the most eagerly awaited FOMC meetings, but in the end the Federal Reserve decided to pass
its turn. The last time the Fed Funds rate was raised, back in June 2006, there was a far more compelling case,
making the central bank's job a good deal easier: unemployment was even lower than it is now (4.6% vs. 5.1%) and
inflation towered at 4%, while growth reached 2.7% and the 10-year rate stood at 5.1%.
Norexeco ASA is set to start exchange services for the pulp and paper industry, becoming the world´s only derivatives exchange for this sector. Norexeco is supported by European Commodity Clearing (ECC), Europe's leading clearing house for energy and related products, which will provide clearing and settlement for the newly launched contracts.
Additional Spotlight options promoted to standard segment, thanks to lively trading
Euronext, the leading exchange in the Eurozone, yesterday announced record trading volumes on its markets on 24 August 2015.