Search Results for: European Union
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 ...
Sugar futures plunge – even as ISO warns over price gloom
June 2nd, 2017
Sugar futures tumbled to a 15-month low, even as the International Sugar Organization cautioned over expectations of price weakness – despite foreseeing global production surpluses for the next two seasons. While sugar prices have “suffered a considerable downward correction” ...
Europe: Number of people working in the environmental economy grew faster
June 1st, 2017
Nearly 4.2 million people (full-time equivalent – FTE) in the European Union (EU) were working in the environmental economy in 2014, almost 1.4 million more than fifteen years ago. 60% of these jobs concerned activities related to environmental protection, ...
ESMA consults on money market funds rules
May 25th, 2017
The European Securities and Markets Authority (ESMA) has published a Consultation Paper (CP) on the Money Market Funds Regulation (MMFR). The CP contains proposals on draft technical advice (TA), draft implementing technical standards (ITS), and guidelines under the MMFR. ...
What Donald Tusk said after meeting with Donald Trump
May 25th, 2017
The Council of the European Union has issued today a press release to publish remarks by President Donald Tusk after meeting with President Donald Trump. Below is the press release as it was published: During my meeting with President ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
EBA consults on its guidance for the use of cloud computing
May 19th, 2017
The European Banking Authority (EBA) launched today a consultation setting out its guidance for the use of cloud service providers by financial institutions. The EBA Recommendations intend to clarify the EU-wide supervisory expectations if institutions intend to adopt cloud ...
Facebook face EU regulators fines; why?
May 18th, 2017
Facebook suffered a setback on Tuesday over how it uses the reams of information it collects about users worldwide, after two European privacy watchdogs said that the social network’s practices broke their countries’ data protection rules. The announcement by ...
Dow Falls 370 Points, Bonds Rally on Trump Turmoil
May 18th, 2017
Risk off sentiment grips markets with Washington on edge Volatility comes roaring back, as gold surges on haven demand The Dow Jones Industrial Average tumbled more than 370 points, Treasuries rallied the most since July and volatility spiked higher ...
Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...