Search Results for: European economy
Asia stocks gain on hopes for solid U.S. job report, euro probes new lows
January 9th, 2015
Asian stocks rose on Friday on upbeat expectations for the closely-watched U.S. jobs data, while the euro continued to flirt with fresh nine-year lows against the dollar. But spreadbetters expected the rebound in equities to peter out in Europe ...
Euro hovers near 9-yr lows, undermined by ECB QE bets
January 8th, 2015
The euro extended losses into a sixth straight day to trade near a nine-year low on Thursday, as investors bet the European Central Bank was getting closer to adopting quantitative easing to ward off deflation. A slump in German ...
Markets decline as oil plunge continues
January 7th, 2015
Markets continued retreating on Tuesday as oil prices slumped. The sell-off of US stocks continued for the second consecutive day. The S&P 500 benchmark index fell for the fifth session in a row, with only two sectors – utilities and telecoms, ...
Euro hits fresh low before inflation trial, bonds boom
January 7th, 2015
The euro hit a nine-year trough today as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs reached all-time lows as oil fell 10 percent in just ...
ECB President Draghi says that the Eurozone Is Facing ‘A Long Period Of Weakness’
January 2nd, 2015
The eurozone faces a growing risk of unstable prices, the head of the European Central Bank said in an interview published Friday, at a time when concerns are mounting the bloc could slip into deflation. “The risk that we ...
Digital tax increase to take effect in Europe
January 2nd, 2015
A change in fiscal rules in the EU is raising the tax on many purchases of digital content, such as e-books. Europe’s tax showdown could be headed straight to people’s wallets. With the new year, a change in fiscal ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Europe ‘must do more to tackle tax dodging’
December 30th, 2014
Labour MEPs are pushing the European Commission to do more to tackle tax avoidance – a subject that has plagued Commisison President Jean-Claude Juncker – and to come forward with concrete legislation that will clamp down on this pernicious ...
Euro Falls to Two-Year Low Amid Greek Concern as Yuan Weakens
December 30th, 2014
The euro declined to a two-year low versus the dollar on concern anti-austerity opposition party Syriza will win Greek elections next month, endangering the country’s bailout agreement. The 18-nation euro fell versus 11 of its 16 major counterparts amid ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
