Search Results for: European Central Bank
Euro, Dollar Slide in Global FX Reserves
June 8th, 2016
The currencies slumped to 15-year lows last year, according to European Central Bank The euro and dollar both lost ground as international currencies last year, slumping to 15-year lows in their share of global foreign-exchange reserves, according to an ...
Asian Stocks Rise With Won on China Trade Data; Oil Above $50
June 8th, 2016
Chinese imports rose in yuan terms for first time since 2014 Shanghai, Hong Kong shares pare losses as kiwi strengthens Asian stocks recovered from earlier losses and South Korea’s won extended gains as Chinese trade figures added to evidence the ...
ICBPI partners Nets for Italian instant payments
June 7th, 2016
Istituto Centrale delle Banche Popolari Italiane (ICBPI) has enlisted Denmark’s Nets to help it build an instant payments platform for the Italian market. Based on the Nets RealTime 24/7 system in Denmark, the ICPBI platform will serve Italian payment ...
Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes
June 7th, 2016
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. nonfarm payrolls rose by only 38,000 in May, a far ...
Asian shares rise, dollar nurses losses after jobs shock
June 6th, 2016
Asian shares rose on Monday and the dollar dragged itself off its lowest levels in nearly a month after U.S. nonfarm payrolls showed the slowest job growth in more than five years, quashing expectations for a near-term U.S. interest ...
Japanese Stocks Drop as Yen Advances; Oil Near $49 Before OPEC
June 2nd, 2016
Euro climbs to one-week high before ECB policy review Haven assets including gold and U.S. Treasuries rise Japanese stocks fell by the most in a month and the yen strengthened after Prime Minister Shinzo Abe held back a widely ...
Lessons for the Euro from Early American History
May 30th, 2016
The euro is still a very young currency. When watching the struggles of the European Union over the the euro, it’s worth remembering that it too the US dollar a long time to become a functional currency. Jeffry Frieden ...
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 ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
