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Daily Market Report
for 21/10/2014
India Rupee, Stocks Rise on Diesel Deregulation, But Market Still Wary of ...
21 Oct 2014 01:56 International Business Times UK
The fiscal-friendly side of the Government of India's decision to deregulate diesel prices has helped the rupee recover from near a multi-month low but what the government will do to address the inflation challenges will be crucial, traders say.  more...
Midpoint Adds Three New Currencies to Its Payments Platform
21 Oct 2014 02:52 Stockhouse
Midpoint, which operates the world's first true peer to peer foreign currency payments service, has added United Arab Emirates Dirham (AED), Hong Kong Dollar (HKD) and Polish Zloty (PLN) to its matching (netting) platform. It currently offers the ...  more...
Investors Purchase High Volume of US Bancorp Call Options (USB)
21 Oct 2014 12:15 WKRB News
U.S. Bancorp logo U.S. Bancorp (NYSE:USB) saw unusually large options trading on Monday. Stock traders bought 6,155 call options on the stock, American Banking News reports.  more...
Widening trade deficit
21 Oct 2014 08:07 The Express Tribune
Analysts have termed the widening trade deficit a result of the exchange rate rigidity. While the Pakistani rupee, according to IMF projections, should be more than Rs110 to a dollar, with its overvaluation, however, it is currently traded at around ...  more...
South.Korean shares down but pare losses after Chinese data; won firmer
21 Oct 2014 16:11 Business Recorder
SK Telecom, South Korea's largest mobile services provider, climbed 2.5 percent while KT Corp rose 1.5 percent. The South Korean won firmed, reflecting losses in the dollar as many investors pushed out expectations of an early rate hike by the U.S ...  more...
Shipping firm Bollore Africa Logistics sees net profit plunge in H1
21 Oct 2014 10:00 Reuters Africa
ABIDJAN Oct 20 (Reuters) - First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year, the company said on Monday. Turnover was 38.07 ...  more...
New Zealand Sets Record Number of Migrants; NZ Dollar Rises Amid US ...
21 Oct 2014 18:15 International Business Times AU
New Zealand has set a new record in the number of migrants arriving in the country. According to the latest report of Statistics New Zealand, the country has a net gain of 4,700 migrants for the month of September bringing the total number of migrants ...  more...
Petrofac Limited's “Outperform” Rating Reiterated at Sanford C. Bernstein (PFC)
21 Oct 2014 00:15 Watch List News
Sanford C. Bernstein reaffirmed their outperform rating on shares of Petrofac Limited (LON:PFC) in a report released on Thursday.  more...
MOI Statement: Law Penalizes Disturbances to Election Freedom & Procedures
21 Oct 2014 07:22 Bahrain News Agency
... "can be sentenced to imprisonment for a period not more than 6 months and fined not more than 500 Bahraini dinar" and that it is illegal to, "disrupt the freedom to vote in a referendum or election by using force, threat or disturbance or by taking ...  more...
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