Search Results for: Euro
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
The Eurozone is the greatest danger
May 23rd, 2016
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment. With markets everywhere disrupted by interventions from ...
Europe to follow Asia’s lead with mixed open; Bayer puts in $62 billion Monsanto bid
May 23rd, 2016
European stocks are expected to open mixed on Monday following a mixed start to the week in Asia after weak Japanese export data and a dip in oil prices. The London FTSE index is called to open 1 point higher ...
BetaShares launches Australia’s first European and Japanese currency hedged ETFs
May 20th, 2016
BetaShares announced the launch of Australia’s first currency hedged European and Japanese equity ETFs on the ASX. BetaShares WisdomTree Europe ETF – Currency Hedged (ASX: HEUR) and BetaShares WisdomTree Japan ETF – Currency Hedged (ASX: HJPN) provide access to ...
Europe Shares Rise With Banks as Investors Speculate on Fed Hike
May 19th, 2016
Fed presidents said that at least two hikes may be warranted Burberry retreats after reporting drop in annual earnings Banks propelled a rebound in European stocks, while investors weighed the possibility of the Federal Reserve increasing interest rates sooner ...
Macy’s Crushed By Amazon, Italian Banks Crushed By Euro
May 12th, 2016
This is a tale of changing environments and the organisms that are, as a result, dying off. First, consider the bricks and mortar retailers. Amazon, the dominant online seller of virtually everything, reports a spectacular quarter with soaring sales ...
Why the Eurozone May Avoid a Greek Crisis This Summer
May 12th, 2016
The move by eurozone finance ministers to set out a path to debt relief for Greece is a clear step forward Whisper it, but this summer might not be marked by a flare-up of the Greek crisis. The move ...
Europe Stocks Rise for 2nd Day as Credit Suisse Leads Bank Gains
May 10th, 2016
Carmakers climb as China auto sales increased in April Pandora jumps on better-than-forecast profit, raised outlook European shares rebounded further as investors speculated a selloff that spurred their worst week since February was overdone, and Credit Suisse Group AG ...
Seamless granted authorization to issue electronic money in Europe
May 10th, 2016
Nasdaq Stockholm-listed Seamless (OMX: SEAM) has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under the terms of the authorization, ...
Nearly half of Europeans are in favor of voting on their EU membership
May 9th, 2016
Almost 50 percent of voters in eight big EU countries are in favor of voting on their membership, a survey has found. The results come just weeks before the UK heads to the polls for their EU referendum. According ...
