Search Results for: US economy
The euro, yen and pound advanced; dollar slips
October 4th, 2017
The rally in the dollar petered out as investors awaited President Donald Trump’s decision on the leadership of the Federal Reserve and gauged prospects for U.S. tax cuts. Bonds edged higher and Asian stocks were mixed after American indexes ...
Why the Euro is in negative picture
October 3rd, 2017
The euro doesn’t look like an attractive option in the short-term given political uncertainty in regions like northeastern Spain, currency strategists told CNBC Monday. Catalonia’s separatist calls add to a negative picture for the euro, traders say The euro-dollar ...
The dollar’s strength pressured many emerging market currencies
September 28th, 2017
The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data added to the case for a rate hike by the Federal ...
Euro falls to one-month low as political worries heighten
September 27th, 2017
The euro fell to its lowest level in a month on Tuesday as worry about political fallout in Germany and other euro zone countries grew. A speech by French President Emmanuel Macron, who has called for a fundamental overhaul ...
The forthcoming global crisis
September 22nd, 2017
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, ...
Who Manipulates Gold Prices and Why
September 21st, 2017
While major international events, like nuclear tests carried out by North Korea, affect gold prices and result in a situation when investors prefer to invest their money in the noble metal, economic expert Dimitri Speck believes that there are ...
U.S. dollar rallied against most of its main rivals
September 21st, 2017
The U.S. dollar rallied against most of its main rivals Wednesday following the Federal Reserve’s policy statement. The central bank kept its interest rate on hold, but detailed that it would unwind its bloated post-financial-crisis balance sheet starting October. ...
FCA finalises revised Payment Services Directive (PSD2) requirements
September 19th, 2017
The Financial Conduct Authority (FCA) has today published its approach to implementing the revised Payment Services Directive (PSD2). PSD2 is an EU Directive which sets requirements for firms that provide payment services, and will affect banks and building societies, ...
Bitcoin and the Fintech Sector Are Being Scrutinized by Mexican Legislators
September 19th, 2017
Mexico would regulate its fast-growing financial technology sector, including firms that use crypto-currencies like bitcoin, to protect consumers and spur competition, under a proposed bill seen by Reuters. The proposed legislation, which Mexican President Enrique Pena Nieto said this ...
PwC UK reported record revenue of £3.60bn for the year ended 30 June 2017
September 18th, 2017
PwC UK, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its regional presence in ...
