Search Results for: G20
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
Japan officials step up warning against yen rise
April 8th, 2016
Dollar hit fresh 17-mth low below 108 yen Japan seen hesitant to intervene in market Aso says to take steps as needed, mum on intervention Govt watching if any speculative moves – econmin (Adds quotes, econmin, MOF official, details) ...
While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation
March 29th, 2016
Despite recent moves to formalize global tax reform, many jurisdictions are in fact reducing corporate income tax burden and rates While Europe leads BEPS implementation, most jurisdictions are yet to respond 69% cite new transparency requirements as key implementation ...
Ironfx Portfolio Management – February16’ Performance Overview
March 16th, 2016
IronFX Portfolio Management’s Hybrid and Dynamic strategies finished February 2016 with a slight decline in performance following an aggresively volatile month, with sharp unexpected moves in the financial markets. FX markets remain in a stress mode and continue to ...
Brexit: Latest poll gives ‘Remain’ campaign slight lead
March 7th, 2016
In the latest blow, Lord Howard said the PM’s renegotiation of the UK’s membership had “met with failure” and urged voters to back withdrawal. “There is only one thing that just might shake Europe’s leaders out of their complacency: ...
Bank of Russia and PBOC signed FX swap arrangement
March 3rd, 2016
In October 2014, the CBR and the PBC signed a bilateral local currency swap arrangement with 815 billion RUB/150 billion CNY for the purpose of supporting bilateral trade and direct investment of the two countries. Based on the friendly cooperation and negotiation, the CBR ...
Financial stability: New EU rules on central clearing for certain credit derivative contracts
March 2nd, 2016
Today’s decision implements the clearing obligation under the European Market Infrastructure Regulation (‘EMIR’). It refers to some types of credit default swaps. The European Commission has adopted a new set of rules that requires certain over-the-counter (OTC) credit derivative ...
Eurozone unemployment rate falls to 10.3%
March 1st, 2016
Unemployment in the eurozone fell for a third consecutive month in January, dropping to its lowest rate since August 2011. Eurostat, the EU’s statistical agency, said the jobless rate in the 19-country eurozone declined to 10.3% in January from 10.4% ...
Global regulators may propose rules for fintech: FSB’s Carney
February 29th, 2016
Global regulators may propose rules to prevent “fintech” innovations from destabilizing the broader financial system, the G20‘s Financial Stability Board said on Saturday. FSB Chairman Mark Carney said in a letter to central bankers and finance ministers from the ...
China central bank deflects concerns over forex reserves
February 29th, 2016
The vice-governor of China’s central bank on Sunday deflected concerns over the possibility of an extended fall in the country’s foreign exchange reserves and reaffirmed confidence in the strength of the Yuan. China still owns the world’s largest currency reserves ...
