Search Results for: Bank of England
LMAX Exchange announces record high profitability in 2016
May 11th, 2017
LMAX Exchange has issued today a press release to announce record high profitability with reported annual EBITDA of £5.6m in 2016. This marks the company’s strongest financial performance to date and demonstrates its rapidly expanding footprint in the global ...
BBVA became member of the open-source blockchain community Hyperledger
March 28th, 2017
BBVA became an official member of Hyperledger today. Hyperledger is an open-source collaborative effort to advance the use of blockchain in different economic and corporate sectors. Hosted by The Linux Foundation, this international initiative unites a large group of ...
The Pound to Euro exchange rate could well fall to 1.0 warn analysts
March 27th, 2017
Pound to Par the Euro on Tumultuous Brexit Journey The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank. Economists at Deutsche Bank have updated clients with their Brexit ...
Pound Sterling Jumps Against Euro, Dollar
March 23rd, 2017
The UK consumer is back, and the British Pound likes it. The ONS has reported on Thursday, March 23 that UK retail sales grew 1.4% in February in what amounts to an impressive recovery on the 1.3% contraction witnessed ...
Yen stretches rally to seventh day; Asia Stocks Tumble
March 22nd, 2017
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...
Asian Stocks Follow U.S. Lower Amid Wild Oil Swing: Markets Wrap
March 15th, 2017
Stockpiles report reverses oil drop tied to Saudi output Equities from Singapore to Tokyo slip ahead of Fed decision Crude oil whipsawed on production and stockpiles reports, while most Asian markets followed U.S. equities lower and the dollar slipped ...
Asian Stocks Mixed Before Fed as Yen Fluctuates
March 14th, 2017
Japan’s Topix index drops, while Chinese equities advance Yield on 10-year Treasury near highest level of the year Asian stocks were mixed with Treasuries trading near the highest level this year as investors anticipated a near-certain rate hike from ...
Asian Stocks Gain, Oil Slides Before Fed and BOJ: Markets Wrap
March 13th, 2017
U.S. jobs data set stage before central bank policy decisions Crude drops for sixth straight day amid jump in U.S. supplies Asian equities rose and the dollar weakened as a positive U.S. jobs report helped investors position for a ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Germany repatriating gold faster than planned as confidence in euro plunges
February 10th, 2017
Berlin is bringing home its gold reserves stored in New York, London and Paris faster than scheduled, Germany’s central bank said Thursday. The move is linked to surging euroskepticism, as new governments in France and Italy may ditch the ...
