Search Results for: European Central Bank
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
Asian stocks and Japanese Yen fell; The main moves in financial markets
October 19th, 2018
Asian stocks posted further losses Friday after another slide in the U.S. overnight. China’s equities reversed losses after verbal intervention by the nation’s top financial regulators, who assured they’ll keep financial risks under control. The MSCI Asia Pacific Index ...
Will Britain ever manage to leave “Hotel California”?
October 1st, 2018
ast thing I remember, I was Running for the door I had to find the passage back to the place where I was before “Relax” said the night man, “We are programmed to receive. You can check out any ...
Gold And Silver Are Acting Like It’s 2008. They May Be Right
September 6th, 2018
2008 has special significance for gold bugs, both because of the money they lost in August of year and the money they made in the half-decade that followed. Today’s world is beginning to feel eerily similar. Let’s start with ...
More Emerging Market Chaos – How Long Before It Spreads To The Developed World?
August 31st, 2018
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
EU wants US tech companies to pay tax
July 24th, 2018
European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday. The final communique reaffirmed a commitment to address the impacts of ...
Stocks in Europe are poised for a mixed open Tuesday; Technology stocks in focus
July 17th, 2018
Stocks in Europe are poised for a mixed open Tuesday as investors await further corporate results and remarks by Federal Reserve Chairman Jerome Powell. The FTSE 100 is seen up by 6 points at 7,601; the DAX is expected ...
AMF reports websites offering crypto derivatives without authorisation
July 10th, 2018
The Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) would like to warn the public about a number of unauthorised online investment services in France for derivatives whose underlyings include crypto assets. ...
JPMorgan maps out currencies to buy If a recession is coming
July 9th, 2018
If a U.S. or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, U.S. dollar and Japanese yen — and ditch emerging market currencies, according to analysts from JPMorgan Chase & Co. “Recessions are when ...
