Search Results for: European economy
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
European Bonds Gain With Stocks as Aussie, Kiwi Decline
November 25th, 2014
Bonds rose and European stocks gained for a third day on prospects for more stimulus as inflation slows. Brent crude traded near a four-year low before a meeting of oil exporters and currencies from commodity-producing nations weakened. Spain’s 10-year ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
European Stock-Index Futures Retreat Before ECB Decision
November 6th, 2014
European stocks fell for the third time in four days, as investors awaited the European Central Bank’s monetary policy decision and any hints on further stimulus from President Mario Draghi. U.S. index futures and Asian shares also declined. The Stoxx Europe 600 Index ...
The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now
November 6th, 2014
How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment. You ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
Laiki and the European Central Bank in the New York Times
October 27th, 2014
The bankruptcy and accumulated debts of the Laiki Bank were a key element of the Cyprus financial crisis. A recent article (“To Restore Confidence in Economy, A Test of Europe’s Bank’s”, October 17) in The New York Times discusses ...
Twenty-four European banks fail financial stress tests
October 27th, 2014
One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring ...
The Rise and Fall of the Cypriot Economy (Part 2)
October 20th, 2014
Part 2 – Decline & Deleveraging Stage 4 In the fourth stage people start to become poorer but still think of themselves as rich. The decline is gradual and at first people didn’t realise it and in cases where ...
European stocks open higher
October 16th, 2014
European stocks are opening higher and Bund yields are moving up from record lows as investors bet the latest risk asset sell-off is overdone. Tokyo’s Nikkei 225 equity gauge fell 2.2 per cent after Asia inherited news of a ...
