Search Results for: Barclays Bank
The dollar held gains against a basket of major currencies on Thursday
October 29th, 2020
The dollar held gains against a basket of major currencies on Thursday as escalating coronavirus cases in Europe stoked investor fears that fresh lockdowns would further hit the already fragile economic recovery. The safe-haven greenback steadied against a basket ...
European stocks fell on Thursday; The biggest sectoral decliners in Europe
September 17th, 2020
European stocks fell from a one-month closing high on Thursday after an underwhelming response to the U.S. Federal Reserve’s pledge to keep interest rates low for a prolonged period. The pan-European STOXX 600 dropped 0.9%, on course to break ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
European stocks were roughly flat on Wednesday; Earnings in focus
July 29th, 2020
European stocks were roughly flat on Wednesday as countries around the world report rises in new coronavirus cases, while a fresh U.S. relief package hits an impasse in Washington. The pan-European Stoxx 600 hovered just below the flatline in ...
The dollar slipped on Monday; The Australian dollar led modest gains in Asia
June 22nd, 2020
The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in ...
Signs Of A 2020 Top: “Buyers Return to Riskiest Junk Bonds”
December 30th, 2019
If you’re managing money and need positive results in the year ahead, you’re in a tough spot. Stocks are at levels that in the past have preceded cycle-ending crashes while high-grade bonds yield virtually nothing but could easily produce ...
European stocks traded mixed Wednesday
October 23rd, 2019
European stocks traded mixed Wednesday after British lawmakers forced Prime Minister Boris Johnson to pause the progression of his Brexit deal. The pan-European Stoxx 600 pared early losses to trade just 0.1% down by mid-afternoon, financial service firms leading ...
German police raids the offices of multinational law firm
November 26th, 2018
For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of Freshfields’ involvement in dividend stripping, Frankfurt state prosecutors confirmed to ...
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
The Pound is under pressure as market rushes to buy options protecting against ‘No Deal’ Brexit
October 31st, 2018
The British Pound is suffering fresh losses taking it back to October lows against the Euro and two-month lows against the U.S. Dollar. The impasse in Brexit negotiations remains front-and-centre for foreign exchange markets with little near-term attention being ...
