Search Results for: Europe
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
EU is gearing up for Union wide regulation for crypto assets
January 17th, 2019
The European Union posits that ICOs and crypto assets present substantial risks. Hence the European Securities and Markets Authority (ESMA) is looking to establish an EU-wide regulation. The EU has long been preoccupied with crypto and blockchain. However, now ...
Dollar pauses, pound steadies after May wins no-confidence vote
January 17th, 2019
The dollar took a breather on Thursday following its recent strong gains against key rivals, while sterling steadied after British Prime Minister Theresa May’s government won a no-confidence vote in parliament. The dollar index, which measures the greenback against ...
Criminal network gained millions in fixing professional tennis matches
January 16th, 2019
Europol, the European Union’s law enforcement agency, has issued a press releases to inform for an operation in relation with fraud in professional tennis competitions. In accordance the press release, an organised crime group involved in manipulating professional tennis ...
Decision making on EU Tax Policy
January 16th, 2019
How is EU law on taxation adopted? The European Commission proposes new EU law or amendments to existing EU tax law. Currently, EU tax law is adopted through a special legislative procedure with the Council of the European Union ...
Pound rises after ‘meaningful’ Brexit vote
January 16th, 2019
The pound has risen after MPs voted to reject Theresa May’s Brexit deal by 230 votes. The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum. Sterling rose ...
Business investment rate up to 23.3% in the euro area
January 14th, 2019
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...
The Tragedy Of The Euro
January 11th, 2019
After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...
Pound options show traders positioning for delay to Brexit date
January 11th, 2019
Pound options traders seem to be positioning for the possibility that the U.K. will delay its exit from the European Union. Investors are now more negative on the currency in nine months time rather than on three-month contracts that ...
Cryptocurrencies dropped on Thursday; Bitcoin gave up the $4,000 level
January 10th, 2019
Cryptocurrencies dropped on Thursday as Bitcoin gave up the $4,000 level it’s hovered around since the start of the year. The largest digital currency slumped as much as 6.2 percent in the European morning, erasing an earlier small gain ...
