Search Results for: Europe
Sterling steadies on Monday, dollar awaits Fed
June 12th, 2017
Sterling steadies on Monday as British Prime Minister Theresa May scrambled to pick up the pieces and reunite her Conservative Party after a disastrous election that could disrupt Brexit negotiations. Sterling last traded at $1.2756, edging up 0.1 percent ...
UK pound tumbled, Asian stocks and U.S. futures gain while yen and gold decline
June 9th, 2017
May’s Conservative party forecast to win without majority Asian stocks, U.S. futures gain while yen and gold decline It wasn’t a day to rival the Brexit vote. While the pound tumbled as the U.K. faces a hung parliament and ...
Cramer says it’s possible bitcoin could reach $1 million one day
June 8th, 2017
European banks are frantically trying to buy bitcoin so they can pay off ransomware, Jim Cramer says. “It’s a short-term way to be able to deal with cybersecurity,” he says. Cramer says it’s possible Bitcoin could reach $1 million ...
Visa Expands Global Network of Providers to Drive Acceleration Into IoT Payments
June 8th, 2017
According to a recent announcement, Visa has signed 13 new partners in its TSP program to drive acceleration into IoT Payments. According the announcement: Visa (NYSE:V) has signed 13 new partners to participate in its token service provider (TSP) ...
ESMA appoints new chair of the Investment Management Standing Committee
June 8th, 2017
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Martin Moloney, Head of Markets Policy Division of the Central Bank of Ireland to serve as the chair of the Investment Management Standing Committee. The ...
Oil rises off one-month lows struck after surprise stock build
June 8th, 2017
Oil rises off one-month lows struck after surprise stock build Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session after official data showed that U.S. inventories rose for the first time ...
ESMA Responds To Commission Consultation On FinTec
June 7th, 2017
The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ...
Dollar climbs, Gold price retreated, Aussie jumps
June 7th, 2017
Flight to Haven Assets Eases Before Key Events Dollar climbs from eight-month low while stocks turn higher Australian dollar jumps, erasing losses, after GDP report A move toward haven assets ahead of a barrage of key events eased as ...
Dollar weakened and equities retreated as investors turned cautious
June 6th, 2017
Yen climbs to highest in a month, dragging Japan stocks lower Gold gains with 10-year Treasuries; oil resumes declines The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and ...
EU, Norway Initial VAT Cooperation Agreement
June 2nd, 2017
The European Commission has announced the initialling of an agreement with Norway on value-added tax (VAT), covering administrative cooperation, recovery assistance, and anti-fraud activity. Negotiations on the agreement were launched in June 2015. The Commission said that once the ...