Search Results for: Global share
Deutsche Bank explores merger with Commerzbank: reports
June 8th, 2018
Deutsche Bank AG’s Chairman Paul Achleitner is considering a merger with rival Commerzbank AG and is speaking with top investors and government officials about the potential tie-up, Bloomberg reported late Thursday. Sources told the news outlet there have been ...
Australian tourist town has declared itself the first “digital currency town”
June 7th, 2018
Agnes Water, a tourist town located in central Queensland, Austrailia has become one of the first locations to accept digital currency. In a collaboration with TravelByBit (a start-up company native to Queensland) one town hopes to increase the flow ...
Asian stocks rose on Wednesday, S&P 500 dipped, Euro gained
June 6th, 2018
Asian stocks rose on Wednesday after tech sector strength lifted Wall Street shares while concerns about Italy’s debt prompted investors to move into lower-risk government debt elsewhere, pushing U.S. Treasury yields down from recent highs. MSCI’s broadest index of ...
European stocks seen higher after Italy agrees to form a government
June 1st, 2018
European markets are set to open higher Friday morning after Italian parties averted the prospect of a snap election, although renewed fears of a global trade conflict appeared to limit gains. The FTSE 100 is seen 8 points higher ...
A Spiking Dollar = Emerging Market Chaos
May 31st, 2018
The dollar collapse thesis – which ends with all fiat currencies achieving their intrinsic value of zero — doesn’t preclude some thrills and chills along the way, in which some currencies fall faster than others and wreak havoc on ...
GAIN Capital to sell the Company’s institutional platform for trading Forex
May 30th, 2018
GAIN Capital Holdings, Inc, a leading global provider of online trading services, announced that it reached a definitive agreement to sell the Company’s GTX ECN business, an institutional platform for trading foreign exchange, to Deutsche Börse Group, a leading ...
Stocks take battering as Italian crisis roils financial markets
May 30th, 2018
Asian stocks extended a global sell-off on Wednesday as Italy’s political crisis rippled across financial markets, toppling the euro to a 10-month low, pushing up Italian borrowing costs and sending investors rushing to safe-haven assets such as U.S. Treasuries. ...
Traders: Key events to watch this week; Ten-year Treasuries rallied
May 29th, 2018
Ten-year Treasuries rallied alongside core European bonds as the political crisis in Italy deepened, triggering risk-off trading across many global markets. Losses for the euro mounted and the region’s stocks sold off, while the dollar edged up. The benchmark ...
European cities hotel forecast 2018 and 2019; Strong demand forecast
May 18th, 2018
PwC Global has released the results of its research on European cities hotel forecast 2018 and 2019. According the release, European cities saw unprecedented hotel performance in 2017. Almost all the cities in PwC’s latest forecast are expected to ...
The Dollar was flat, Euro rose, Yen fell; Early traders review
May 18th, 2018
Asian shares traded mixed on Friday, while remaining on track for a weekly loss as investors mull the implications of a jump in benchmark 10-year Treasury yields to their highest level since 2011. The dollar was flat, near its ...