Search Results for: China
EU-US trade in goods: €153 billion surplus in 2019
March 11th, 2020
In 2019, the United States was the largest partner for EU exports of goods (18% of total extra-EU exports) and second largest for EU imports of goods (12% of total extra-EU imports), after China (19%). Looking at the period ...
Bank of England cuts rates, and stock markets rise
March 11th, 2020
European markets opened higher on Wednesday despite a lackluster performance in Asia. Still, futures markets indicated that Wall Street could be in for a tough opening. Major indexes in London, Frankfurt and Paris opened 1.8 percent higher, shortly after ...
Why a bear market will lead to a dollar collapse
March 5th, 2020
Falling equity markets this week are likely to signal the onset of a bear market, responding to a combination of the coronavirus spreading beyond China and persistent indications of a developing recession. This has provoked a flight into ...
Europe stocks sink on fears coronavirus is spreading in Italy
February 24th, 2020
European stocks were sharply lower Monday as investors focus on the continuing spread of the coronavirus and watch as Italy grapples with the largest outbreak outside of Asia. The pan-European Stoxx 600 plunged 3.5% by mid-morning, with travel and ...
Yen rates keep being influenced by fear around the recent outbreak of coronavirus
February 21st, 2020
Risk-recovery has been a hot topic of the week in Asia. The experts are trying to predict the future of the Asian stocks, Wall Street futures and Treasury yields. A decrease in the number of the new coronavirus cases ...
U.S. Dollar nears a critical level that may trigger a buying spree
February 20th, 2020
The dollar is heading toward a key psychological threshold that could supercharge its ongoing rally. The U.S. Dollar Index, a widely-watched measure of the currency versus its peers, is close to breaching 100 for the first time since 2017, ...
Facial recognition technology breaches GDPR says Vestager
February 19th, 2020
Margrethe Vestager, EU’s tech chief Margrethe Vestager said on Thursday that facial recognition technologies breach the need to give consent, which is stipulated in Europe’s data protection rules (GDPR). However, the Commissioner backed their use in case of public ...
Coronavirus and credit – a perfect storm
February 19th, 2020
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing, analysts are still trying to get to grips with the virus’s ...
European stocks climb as investors monitor coronavirus spread, economic data
February 19th, 2020
The pan-European Stoxx 600 was up 0.5% by mid-morning having earlier notched a new record high. Basic resources and household goods added 0.8% to lead gains as most sectors and major bourses entered positive territory. China’s National Health Commission ...
Yen holds gains on virus woes, euro crumbles on weak growth outlook
February 14th, 2020
The Japanese yen held onto gains against the dollar on Friday as renewed worries about the coronavirus outbreak supported demand for safe-haven currencies and weighed on prices of riskier assets. The Chinese yuan nursed losses in offshore trade as ...
