Search Results for: euro
Asian Shares Fall on Europe Turmoil; Yen Weakens After BOJ Move
December 20th, 2016
Japanese shares erased losses and the yen weakened after the Bank of Japan upgraded its assessment of the world’s second-largest economy. Gold retreated and treasuries dropped. Japan’s Topix index erased earlier declines after the central closed a tumultuous year ...
ICAP Energy appoints Director of European Agricultural and Soft Commodities
December 19th, 2016
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has appointed Kieran Walsh as Director of European Agricultural and Soft Commodities to launch and manage a new ...
Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar
December 19th, 2016
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, the EUR/USD fell all the way to $1.0366 at one ...
EU could strip the City of London of its euro clearing business
December 18th, 2016
The European Union could once again try and strip the City of London of its euro clearing business, according to a Financial Times report. The FT reports that European Commission is considering a change that would allow the European ...
European Stocks Hover Near 1-Year High, Set for 2nd Weekly Gain
December 16th, 2016
European stocks held steady after closing at their highest level since January on Thursday, heading for a second week of gains. The Stoxx Europe 600 Index rose less than 0.1 percent at 08:45 a.m. in London as gains in ...
European shares move towards 11-month high on stronger banks
December 15th, 2016
STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global banks following the U.S. Federal Reserve’s interest rate hike overnight, ...
Pound to Euro Rate: Beware a Capitulation Lower
December 15th, 2016
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR could be destined to fall as low as 1.11 again. ...
138 million Europeans are financially cut off from society – without a bank account or payment methods
December 12th, 2016
Mastercard on December 12 announced findings from new research into those who are financially excluded across Europe, finding a third (33%) are employed full time and 35% are aged 18-34. 138 million Europeans are financially cut off from society ...
Pound to Euro: Bank of England in Focus in Week Ahead
December 12th, 2016
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy from Threadneedle Street but there is always a risk of ...
Why Europe must end in tears
December 11th, 2016
The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power. The ...
