Search Results for: Europe
Asia Stocks Mixed, Euro Falls on Draghi Comments: Markets Wrap
May 30th, 2017
China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the euro slipped with emerging currencies after Mario Draghi’s dovish message to ...
Oil falls as U.S. drilling undermines drive to tighten markets
May 29th, 2017
Oil prices fell on Monday as a relentless rise in U.S. drilling undermined an OPEC-led push to tighten supply. Trading activity will be subdued on Monday due to public holidays in China, the United States and Britain. Brent crude ...
Stocks Climb in Korea, Japan; Dollar Reverses Loss: Markets Wrap
May 29th, 2017
U.K., U.S., China markets closed for holidays on Monday Dollar erases early loss amid Fed official’s rates comments Stocks in Asia were mixed amid low trading volume and the yen held to a narrow range as investors weighed the ...
Copenhagen FinTech and Singapore Fintech Hub signs Memorandum of Understanding
May 26th, 2017
“It is the right time and with the right people” stated H.E. Dorte Bech Vizard, Ambassador of Denmark to Singapore and Brunei, at the signing of the first Memorandum of Understanding (MOU) between Copenhagen Fintech and the Singapore Fintech ...
ESMA consults on money market funds rules
May 25th, 2017
The European Securities and Markets Authority (ESMA) has published a Consultation Paper (CP) on the Money Market Funds Regulation (MMFR). The CP contains proposals on draft technical advice (TA), draft implementing technical standards (ITS), and guidelines under the MMFR. ...
What Donald Tusk said after meeting with Donald Trump
May 25th, 2017
The Council of the European Union has issued today a press release to publish remarks by President Donald Tusk after meeting with President Donald Trump. Below is the press release as it was published: During my meeting with President ...
Global law firms merger is launched
May 25th, 2017
Morae Global launched: Clutch Group and Morae Legal complete merger New Legal and Compliance Powerhouse Provides End-to-End Solutions for General Counsel and CCOs Worldwide Clutch Group and Morae Legal Corporation announced the completion of their merger yesterday afternoon, creating ...
Bitcoin price hits $3,800 in South Korea: Factors of arbitrage & rising demand
May 25th, 2017
Bitcoin is being traded at over $3,800 in South Korea, with a 33.5 percent premium. Currently, global average bitcoin price is $2,514, which is closest to the bitcoin price listed by the US exchange market at $2,533. On May ...
Asian Stocks jump while Dollar weakens
May 25th, 2017
South Korean stocks, won rally as interest rates kept on hold Hang Seng China Enterprises Index surge to highest since March The dollar weakened to the lowest since November while Asian stocks climbed with oil ahead of a key ...
Euro to US Dollar is Strongly Supported at Mid-Point of Week
May 24th, 2017
Euro to US Dollar continues rallying despite signs the exchange rate may be overvalued. The rally has been backed by a strengthening Euro and simultaneously weakening Dollar. The scales have fallen from investors eyes after the recent US Budget ...