Search Results for: European economy
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
Why free trade and open markets in financial services matter; Andrew Bailey, FCA Chief Executive
July 11th, 2017
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has released a speech by Andrew Bailey, Chief Executive of the FCA, at Reuters Newsmaker event. According the release: Note: this ...
Global stocks close to all-time highs; What investors will be watching
July 10th, 2017
China prices post steady climb; oil edges higher, gold falls Australian 10-year yield rises a fourth day, Treasuries steady Stocks rose and the dollar was steady after economic data kept investors upbeat on the global economy following strong U.S. ...
Italy formally takes control of Monte dei Paschi
July 5th, 2017
The Italian government took control of Banca Monte dei Paschi di Siena on Tuesday, injecting EUR5.4 billion ($6.1 billion) into the troubled lender as part of a broad plan to bring one of Europe’s weakest banks back to health. ...
HSBC Predict Pound to Euro Exchange Rate at 1:1
July 4th, 2017
HSBC Predict Pound to Euro Exchange Rate at 1:1, say Bank of England Rate Rise Would Actually be Bad for Sterling Markets have got it all wrong – a Bank of England interest rate rise will not in fact ...
The dollar extended its losses
June 30th, 2017
Dollar despairs on hawkish central banks, Asia stocks join global slump The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, ...
All Eyes are on the Bank of England; Pound Jumps vs Euro, Dollar
June 29th, 2017
Interest Rate Rise Ahead: British Pound Jumps v Euro, Dollar as Carney Joins Rush to the Exit Door of Extra-Loose Monetary Policy FX Rates 29-6-17: Pound to Dollar exchange rate today: 1.2962, week’s best: 1.2976, week’s low: 1.2706 Pound ...
The New EU Rules for Anti-Money Laundering and Tax Avoidance Enter Into Force
June 28th, 2017
Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. On June 26,2017 the Fourth ...
Yen and British pound were flat, Gold little changed; Japan stocks climb
June 27th, 2017
Japan Stocks Climb on Yen Losses; Brazil ETF Rises Oil holds gains while trader triggers sharp drop in gold price Investors await Yellen remarks before further data this week Most Asian stocks advanced as a weaker yen spurred gains ...
Market Review: Gold Rises For Third Day; Pound And Euro Rose
June 23rd, 2017
Crude set for fifth week of losses; gold rises for third day China shares in Hong Kong gain while Japan equities fluctuate Asian equities are ending the week on a tepid note, with oil remaining below $43 a barrel, ...
