Search Results for: European economy
Gold sank to the lowest level in more than five years, Silver and platinum dropped to multiyear lows
December 3rd, 2015
Gold Drops as Top Bullion Forecaster Says Rate Rise Near Certain Fed Chair Janet Yellen signals her confidence in U.S. economy Holdings in SPDR shrink by most since 2011 as dollar climbs Gold sank to the lowest level in ...
Swiss GDP Unexpectedly Stagnates in Third Quarter
December 1st, 2015
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, with momentum held back by weak performance in the energy, ...
ECB: Greek banks won’t need even more recapitalisation
December 1st, 2015
Greek banks will not need any further recapitalisation after the latest round, in which the European Central Bank put their additional capital needs at 14.4 billion euros, the ECB’s Monetary Policy Strategy division head Rasmus Rueffer said. The recapitalisation ...
Chinese Stocks: Brokerage Probes Weigh on November Stock Gains
December 1st, 2015
Three of China’s largest brokerages said they were under investigation for suspected violations of margin-trading rules A widening Chinese investigation into what officials have deemed suspicious or illegal trading activity has put the brakes on a rebound in the Shanghai Composite ...
Stocks Gain With Copper as Risk Appetite Spreads Across Markets
December 1st, 2015
European, U.S. factory data due after mixed China reports India expected to keep rates on hold after RBA stands pat Asian stocks advanced with commodity-linked currencies and metals as investors focused on the positives in data from the region’s ...
The Current State of the Swiss Franc
November 30th, 2015
The Swiss National Bank (SNB) kept policy unchanged at the June policy review, leaving their benchmark interest of deposits at -0.75%. The target range for the three month Libor remained unchanged at -1.25% to -0.25%. The SNB repeated ...
Iran, Greece seek cooperation in energy
November 30th, 2015
Iran and Greece are going to discuss a long array of economic relations issues, including banking, oil, industry, transportation and urban development during a two-day visit by Greek Foreign Minister Nikos Kotzias and his accompanying delegation which consists of ...
Real Estate Investment Trust (REIT)
November 30th, 2015
In the aftermath of the Cyprus economic crisis, one sector that has been suffering for some time now is the real estate and construction industry. One could argue though that a major reason for the crisis is the overexpansion ...
Stocks Fall on China Selloff as Yuan Weakens; Commodities Slump
November 27th, 2015
Brokerages lead losses in Chinese shares on government probes Traders holding on to December Fed bets while ECB seen easing A selloff in Chinese stocks spread across Asia as falling industrial profits and a deepening probe of the financial ...
Asia stocks mostly climb on ECB easing prospects
November 26th, 2015
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 handle, rebounding after hitting a seven-and-a-half month low of $1.0565 ...
