Gmo Trading

The pan-European Stoxx 600 added 1.1% by mid-morning, exceeding 416.6 and reached a record high. Core resources grew by 2.3%, as all sectors and major exchanges entered positive territory. Shares of banks and financial services rose 1.4% and 1.5%, respectively. Washington and Beijing announced on Friday that an agreement had been reached pending legal proceedings, a significant step forward after a tiring 18-month trade war. However, market participants asked questions about some of the details of the deal, which remain vague, in particular about the scale of purchases of agricultural products and the prospect of balancing bilateral trade flows in China. Asian stocks on Monday were mixed with mainland China stocks, which jumped amid better-than-expected data on industrial production, while indices in Japan and Hong Kong fell. Returning to Europe, British Prime Minister Boris Johnson will meet 109 new conservative lawmakers in parliament on Monday, promising to move ahead qui

In November, prosecutors in Brooklyn said a Lithuanian man and an unknown accomplice emptied user brokerage accounts, stealing hundreds of thousands of dollars. Losses would be much greater if not for a group of investors who took several simple but tricky steps to prevent fraud. Vytautas Parfionovas allegedly worked with accomplices to trick one-day traders and their financial advisers into liquidating securities, sending cash through brokerage houses, and creating new fraudulent trading accounts in the names of the victims. The complaint against Partfionovas looks like a list of what you can and cannot do to protect your accounts from one of the most common and expensive types of electronic fraud. Here is what you need to know. What is email compromise? There are many types of compromised business emails, but in all of them, the fraudster uses electronic means of communication, usually email, to convince someone to transfer money to an offshore account. A fraudster often

Money market operations are aimed at ensuring sufficient liquidity of the financial system. The Federal Reserve Bank of New York added $70.2 billion of temporary liquidity to financial markets. The invasion on Tuesday consisted of two parts. One of them was in overnight repurchase agreements totaling $41.7 billion. The second made a 13-day repo for $28.5 billion. The Fed has accepted all the securities offered in both transactions. Central bank repo transactions take treasury and mortgage-backed securities from the respective banks, which in fact, is a short-term loan of the central bank's funds secured by securities. The Fed's money market operations are aimed at ensuring that the financial system has sufficient liquidity and that short-term borrowing rates are stable and consistent with the Fed's goals, while the rate on federal funds of the central bank remains within the range of 1.5–1.75% target range. The effective rate of federal funds on Monday was 1.54%.

On Monday, December 9, key stock indices of the United States of America finished trading in negative territory, taking a short pause after a significant growth session earlier. In the absence of vital macroeconomic statistics, bidders focused on M&A events. In addition, investors' attention this week will be directed to the outcome of the meeting of the European Central Bank and the Fed Open Market Committee. The concern is caused by continuing uncertainty in trade negotiations between China and the United States. The parties have repeatedly stated that the first phase of the trade agreement may be signed soon, but this has not yet happened. Moreover, an important date is approaching. It is likely that if the deal is not signed before December 15, the United States will introduce an additional 15 percent tariff on imports of goods from China of $156 billion. At the end of the session, the Dow Jones Industrial Average blue-chip indicator dipped 0.38% to 27909.60 points