Search Results for: FIS
These Eight EU Countries Are in the Budget Danger Zone
March 21st, 2016
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according ...
GAIN Capital Provides Update on Status of Form 10-K Filing
March 18th, 2016
GAIN Capital Holdings, Inc. (NYSE: GCAP; “GAIN” or “the Company”), a global provider of online trading services, today provided an update regarding the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (the “10-K”). GAIN ...
Fitch reports about Cyprus’s decision to exit its three-year EU-IMF programme
March 17th, 2016
Fitch: Cash Buffer, Debt Management Support Cyprus Programme Exit Cyprus’s decision to exit its three-year EU-IMF programme ahead of schedule without a precautionary post-programme credit line reflects the sovereign’s comfortable cash position and strong debt management, which limit refinancing ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
March 17th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 16 March 2016, the MPC voted ...
The Rats Keep Pressing The Bar: Two Amazing Stories, One Inevitable Result
March 17th, 2016
Anyone who doubts that the global financial system has run out of (good new) ideas has only to track the recent words and deeds of central bankers and mainstream economists: Slightly-negative interest rates didn’t lead people to borrow more? ...
Federal Reserve issues FOMC statement
March 17th, 2016
Information received since the Federal Open Market Committee met in January suggests that economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months. Household spending has been increasing at a ...
GAIN Capital Reports Fourth Quarter and Full Year 2015 Results
March 16th, 2016
GAIN Capital has issued a press release to inform in relation with Fourth Quarter and Full Year 2015 Results. The company reports the below results: Fourth Quarter 2015 Net revenue of $102.8 million Net income of $15.5 million Adjusted ...
Interview with The Guardian
March 15th, 2016
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes and younger generations say? During the great recession, the young ...
Kuwait approves economic reforms including the introduction of a 10 per cent Corporate tax
March 15th, 2016
Kuwait approves 10 per cent corporate tax, other reforms as deficit widens Kuwait’s cabinet has approved economic reforms including the introduction of a 10 per cent tax on corporate profits to narrow a budget deficit caused by low oil ...
Draghi Defines His Era With Stimulus Measures Locked Into Next Decade
March 11th, 2016
Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or not, the European Central Bank president made one thing clear on ...
