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UPDATE: European shares edge up as earnings growth expectations stabilise

February 13th, 2019 (0)
European shares edged up on Wednesday as optimism about Washington and Beijing trade talks lifted global markets and data showed earnings growth forecasts for Europe are stabilising after steep downward revisions. The pan-European STOXX 600 was up 0.3 percent ...

Contingent liabilities and non-performing loans in the EU Member States

January 31st, 2019 (0)
Data on contingent liabilities and non-performing loans of EU governments for the year 2017 have been published by Eurostat, the statistical office of the European Union. This publication includes data on government guarantees, liabilities related to public-private partnerships recorded off-balance ...

International trade in services: EU surplus up to over €190 bn

January 18th, 2019 (0)
The European Union (EU) surplus in trade in services, which had fallen between 2013 and 2016, increased to €191.8 bn in 2017. This is the result of EU exports of services to the rest of the world rising by ...

HSBC settles $250 billion on blockchain

January 16th, 2019 (0)
According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on the blockchain during 2018. HSBC, an international banking giant, uses ...

Business investment rate up to 23.3% in the euro area

January 14th, 2019 (0)
Eurostat, the statistical office of the European Union, has published a report in relation to the business investment rate in the euro area for the third quarter of 2018. In accordance the report: In the third quarter of 2018, ...

The Tragedy Of The Euro

January 11th, 2019 (0)
  After two decades, the euro’s minders look set to drive the Eurozone into deep trouble. December was the last month of the ECB’s monthly purchases of government debt. A softening global economy will increase government deficits unexpectedly. The ...

The Arrival Of The Credit Crisis

January 2nd, 2019 (0)
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...

Telecoms drag European stocks lower

December 21st, 2018 (0)
European stocks were lower Friday morning, with the prospect of further hikes in U.S. borrowing costs prompting investors to rush out of crowded trades. The pan-European Stoxx 600 was down around 0.3 percent during early morning deals, with most ...

Alert! Beware of companies offering financial services without the required license

December 14th, 2018 (0)
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), China (Financial Supervisory Commission Chinese Taipei – FSC), Holland (Netherlands Authority for the Financial Markets – AFM), Sweden (Finansinspektionen), ...

EU needs single anti-money laundering authority, says thinktank

November 5th, 2018 (0)
The European Union should set up a single anti-money laundering (AML) authority with the power to levy big fines to tackle the stream of scandals across member states, Brussels-based thinktank Bruegal has said in a new report. The thinktank ...
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