CMC Markets was established the UK in 1989 when entrepreneur Peter Cruddas started the company with a £10,000 investment. The “Currency Management Corporation” was set up in a small office with just a desk and a phone, and Cruddas brokered FX deals with contacts he had gained as a bank operator at Western Union.
Apr 23 - Financial Post
By Reuters UK
The FTSE 100 rose on Thursday, clawing back some of the previous session's steep losses, though trade remained cautious after a European summit failed to produce concrete proposals for tackling the region's debt crisis. (May 24)
MORE TOPICS: CHINA, CITIGROUP, FTSE, GERMANY, MANUFACTURING, INVESTMENT
By IBTimes
The almighty dollar was the investment of choice Monday morning, as international investors - in a classic flight to safety after various major news breaks last week - piled into greenback-denominated cash and cash equivalents. (May 14)
MORE TOPICS: GOLD, DEUTSCHE BANK, GERMANY, NEW YORK, INVESTMENT, LONDON, CRUDE OIL
By Reuters
Brent crude slipped below $112 on Monday on a worsening oil demand outlook after talks to form a new government in Greece failed, and as signs of a slowing Chinese economy outweighed the country's latest move to ease monetary conditions. (May 14)
MORE TOPICS: CHINA, GERMANY, NUCLEAR WEAPONS, EUROPEAN UNION
By Reuters
Brent crude slipped below $113 on Thursday, after weaker-than-expected Chinese trade data that raised concerns over energy demand by the world's second-largest oil consumer. Government data showed China's exports and imports in April grew at a far slower rate than forecast. (May 10)
By Reuters
Brent crude steadied above $118 a barrel on Thursday, reflecting caution among investors ahead of a key U.S. employment report after dismal data from the United States to Europe renewed doubts about the state of the global economy. (May 03)
MORE TOPICS: CRUDE OIL, MANUFACTURING, ISRAEL, NUCLEAR WEAPONS, COPPER
By Reuters
Brent crude was steady above $119 a barrel on Thursday, as optimism over a recovery in the U.S. economy offset the impact of rising global supplies. The U.S. Federal Reserve said on Wednesday it would support growth in the world's top oil consum... (Apr 26)
MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, BARCLAYS, CRUDE OIL, EUROPEAN CENTRAL BANK, OPEC
By Reuters
Asian shares fell and the euro was under pressure on Tuesday as political uncertainty and slumping business in Europe raised fears the euro zone could struggle to push through austerity measures and may stay in recession longer. (Apr 24)
MORE TOPICS: GOLD, MANUFACTURING, JAPAN, INVESTMENT
By Reuters
Asian shares and the euro traded in tight ranges on Thursday ahead of a Spanish bond sale seen as a key test of investors' risk appetite amid renewed concerns over the euro zone's debt crisis. (Apr 19)
MORE TOPICS: GOLD, IBM, GERMANY, JAPAN, EUROPEAN CENTRAL BANK, INTEL
By Reuters UK
Asian shares and the euro traded in tight ranges on Thursday ahead of a Spanish bond sale seen as a key test of investors' risk appetite amid renewed concerns over the euro zone's debt crisis. (Apr 18)
MORE TOPICS: GOLD, IBM, GERMANY, JAPAN, EUROPEAN CENTRAL BANK, INTEL
By Reuters UK
Britain's top share index climbed early on Monday, bouncing after the previous session's sharp falls as miners were boosted by some bullish broker comment, although broader bearish sentiment left gains looking shaky. (Apr 16)
MORE TOPICS: CHINA, CITIGROUP, FTSE, GDP, RIO TINTO, CREDIT SUISSE
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