Search Results for: German market
Telecoms drag European stocks lower
December 21st, 2018
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...
Why China should remove all trade tariffs
December 10th, 2018
I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Pound Sterling to Euro exchange rate struggles to climb
December 4th, 2018
After slipping last week on Brexit jitters, the Pound Sterling to Euro (GBP/EUR) exchange rate saw mixed movement when markets opened on Monday. Investors are reacting to the latest developments from the weekend’s G20 summit. Last week saw GBP/EUR ...
European shares likely to open mixed as pound plunges on Brexit divide
November 16th, 2018
European stocks may open on a mixed note Friday after the pound suffered its biggest one-day loss against the euro since October 2016 amid a deepening crisis for UK Prime Minister Theresa May. Four ministers, including Brexit Minister Dominic ...
Euro and Sterling climbed higher on Wednesday; Dollar Index slipped from a 16-month high
November 14th, 2018
The euro and sterling climbed higher on Wednesday as investor confidence rose on news Britain had struck a draft divorce deal with the European Union after more than a year of talks. The rise in the euro and sterling ...
Post-midterms rally in European stocks fizzles out
November 9th, 2018
European shares were flat to slightly higher on Thursday as a rally following U.S. midterm elections sputtered while strong results from Societe Generale, Commerzbank, and Sodexo soothed concerns about corporate earnings. The pan-European STOXX 600 was up just 0.2 ...
Victims of €20m French-Israeli ads scam to get some money back, not from Israel
November 7th, 2018
Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) fraud are being notified by the French authorities that they ...
EU needs single anti-money laundering authority, says thinktank
November 5th, 2018
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
EUR/GBP losses seen on sterling rally
November 2nd, 2018
The Euro (EUR) has dropped off against the Pound (GBP) and most other peers today, with a stronger Pound Sterling making the single currency less appealing. A lack of supportive Eurozone data hasn’t helped matters, as Euro traders are ...