Search Results for: Euro
CME Group Announces Record Eurodollar Options Volume
January 21st, 2016
CME Group, the world’s leading and most diverse derivatives marketplace, announced it reached a trading volume record for Eurodollar options yesterday, January 19, of 4,279,584 contracts, surpassing the previous record of 3,493,675 set on June 24, 2013. Open interest ...
Italian Banks Lead European Decliners on Bad-Loan Concerns
January 19th, 2016
Italy’s government has been struggling to set up a bad bank Country’s bad loans reached 201 billion euros in November Italian banks dropped in Milan, leading declines in the European Stoxx 600 Banks Index, reflecting investor concerns about lenders’ ...
European Union to Scrutinize Usage of Big Data by Large Internet Companies
January 18th, 2016
Competition Commissioner Margrethe Vestager’s comments highlight increased focus regulators giving to the use of so-called big data The European Union is considering whether the way large Internet companies, such as Alphabet Inc.’s Google or Facebook Inc., collect vast quantities of data is ...
European Investment Bank puts loans to Volkswagen on hold
January 14th, 2016
The European Investment Bank (EIB) has stopped loans to Volkswagen (VOWG_p.DE) pending an investigation into whether some of its previous funding could been used by the German carmaker to cheat diesel emissions tests. Volkswagen (VW) has been embroiled in ...
Societe Generale predicts collapse of the eurozone
January 14th, 2016
Societe Generale seconds RBS doomsday prophecy and predicts collapse of the eurozone Albert Edwards, a strategist at Société Générale bank, has warned of an impending global financial crisis similar to the one that occurred in 2008-09. This time, he ...
European markets: FTSE and European stocks shrug off worries over China slowdown
January 11th, 2016
European equity markets kicked off the week on an upbeat note, as investors shrugged off yet another dismal session in Asia, which saw stocks plunge to their lowest level in more than four years. Early on in the European ...
Euro area unemployment rate at 10.5%
January 7th, 2016
EU28 at 9.1% The euro area (EA19) seasonally-adjusted unemployment rate was 10.5% in November 2015, down from 10.6% in October 2015, and from 11.5% in November 2014. This is the lowest rate recorded in the euro area since October 2011. The ...
Which Law Firms were top performers in global M&A in USA and Europe
January 7th, 2016
Skadden and Freshfields top global deal tables as M&A figures reach record heights In a record year for global M&A, US firm Skadden, Arps, Slate, Meagher & Flom and Magic Circle firm Freshfields Bruckhaus Deringer were the top performers ...
Euro area annual inflation stable at 0.2%
January 5th, 2016
Euro area annual inflation is expected to be 0.2% in December 2015, stable compared to November 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area ...
New European Union Legislation on Market Abuse enters into force in 2016
January 5th, 2016
The law on market abuse in relation to the trading of financial instruments within the European Union will be completely overhauled in 2016. With effect from 3 July 2016, the previously applicable Market Abuse Directive (MAD) will be replaced ...
