Search Results for: Bank of America
European stocks end lower; What is driving the market?
September 14th, 2018
Europe’s main stock gauge gave up modest early gains to close slightly lower on Thursday, with the U.K. leading the way lower as the pound strengthened against a broadly weaker U.S. dollar. What are markets doing? The Stoxx Europe ...
U.S. Dollar slides as demand grows for emerging-market currencies
September 13th, 2018
The U.S. dollar slid Wednesday as hopes for easing trade tensions between the U.S. and China helped boost demand for emerging-market currencies. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, fell for ...
Pan-European tax fraud web leads to New Jersey and Dubai
September 12th, 2018
White-collar criminals aren’t usually so blatant about their intentions. But after tracking a trail of tax fraud that flowed from Denmark to Germany, the UK, Canada, Luxembourg and Malaysia, Danish investigators stumbled on a corporation in Delaware whose name ...
Property investment scam: Affected investors lost millions, feel “unprotected by the law”
September 5th, 2018
“The only thing that is left for us now is to file a complaint and pray that the money hasn’t been spent on casinos and luxury hotels.” Around 60 people who have been affected by an alleged scam in ...
More Emerging Market Chaos – How Long Before It Spreads To The Developed World?
August 31st, 2018
Emerging market chaos is now front page news. Let’s start with Argentina, where the peso has resumed its plunge: In response: “Argentina Central Bank hikes interest rate to 60 percent (AP) — Argentina’s Central Bank has increased its ...
European stocks hold steady; Stocks on Wall Street extended gains
August 29th, 2018
European markets ended on a mixed note at Tuesday’s close, with risk appetite sharpened by news the U.S. and Mexico had reached a deal to overhaul the North American Free Trade Agreement. The pan-European STOXX 600 was off 0.03 ...
Dollar steady against the euro and a basket of major currencies
August 28th, 2018
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement ...
JCB now live with ISXPAY® in the EEA
August 27th, 2018
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company, is pleased to announce it has achieved certification for its JCB Card acquiring service ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
