LME Plans To Launch Yuan-Denominated Metals Futures Markets

"We would definitely like to explore the possibility of launching products denominated in offshore renminbi... We believe with the increasing number of Chinese trading in our market, there would be more Chinese companies wishing to join the LME.

  • May 24, 2018 4:15 AM
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Turkish Lira Soars After Central Bank Hikes Rate By 3%

"Current elevated levels of inflation and inflation expectations continue to pose risks on the pricing behavior. Accordingly, the Committee decided to implement a strong monetary tightening to support price stability."

  • May 23, 2018 12:18 PM
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Global Stocks, US Futures Slammed By Quartet Of Risks

It is a sea of red in global markets this morning amid a quartet of risks, including the Turkish lira meltdown, weak European PMIs, the Italian political quagmire and Trump casting doubts over the North Korean summit.

  • May 23, 2018 7:08 AM
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