Search Results for: European economy
Yen strengthened as crude oil price tumbled
June 21st, 2017
Shanghai equities fluctuate while Hang Seng index retreats Crude oil price tumbled into bear market on supply glut concerns Asian shares retreated and the yen strengthened as crude oil tumbled into a bear market on concern a global supply ...
SFO charges Barclays and four individuals with conspiracy to commit fraud
June 20th, 2017
The Serious Fraud Office (SFO) has today charged Barclays Plc and four individuals with conspiracy to commit fraud and the provision of unlawful financial assistance contrary to the Companies Act 1985. The charges relate to Barclays Plc’s capital raising ...
Asia Stocks rose as Yen Falls, Tech Shares Rebound
June 19th, 2017
Hong Kong shares gain before MSCI decision on China A-shares Brexit negotiations formally start with pressure on May Asia Stocks rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly selloff since November. ...
Brexit, Germany and Asia
June 16th, 2017
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...
Bet on a Pound Sterling to Euro Exchange Rate Decline in 2017-2018 say Société Générale
June 14th, 2017
Foreign exchange strategists at Société Générale have confirmed they are expecting further depreciation in the value of Pound Sterling relative to the Euro. The call comes as the French investment bank release their mid-year review of global foreign exchange ...
Sterling steadies on Monday, dollar awaits Fed
June 12th, 2017
Sterling steadies on Monday as British Prime Minister Theresa May scrambled to pick up the pieces and reunite her Conservative Party after a disastrous election that could disrupt Brexit negotiations. Sterling last traded at $1.2756, edging up 0.1 percent ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Asia Stocks Mixed Before Key Europe, U.S. Events
June 8th, 2017
Asia Stocks Mixed Before Key Europe, U.S. Events Oil crawls back after tumbling Wednesday on stockpiles report Investors remain cautious; yen erases loss on BOJ report Investors were reluctant to add big positions ahead of key events looming in ...
Oil rises off one-month lows struck after surprise stock build
June 8th, 2017
Oil rises off one-month lows struck after surprise stock build Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time ...
Dollar climbs, Gold price retreated, Aussie jumps
June 7th, 2017
Flight to Haven Assets Eases Before Key Events Dollar climbs from eight-month low while stocks turn higher Australian dollar jumps, erasing losses, after GDP report A move toward haven assets ahead of a barrage of key events eased as ...
