Search Results for: European Central Bank
PwC settle $3 billion suit by MF global
March 24th, 2017
The trial between bankrupt brokerage MF Global, run by former New Jersey Gov. Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with both parties saying they have reached a settlement. Terms of ...
Asian Stocks Gain, Oil Slides Before Fed and BOJ: Markets Wrap
March 13th, 2017
U.S. jobs data set stage before central bank policy decisions Crude drops for sixth straight day amid jump in U.S. supplies Asian equities rose and the dollar weakened as a positive U.S. jobs report helped investors position for a ...
Asia stocks firm ahead of U.S. jobs, dollar hits one-and-half-month high vs yen
March 10th, 2017
Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 ...
Euro to Dollar forecast for the week
March 6th, 2017
Euro Rally on Cards if ECB Officials Forecast Eurozone Growth Pickup This Week The new week finds the EUR USD exchange rate above the 1.06 level, quoted at 1.06026 at 07:30 on Monday 6th March. Last week saw the ...
Dollar and Emerging Market FX to rise; Euro to Weaken, Says Morgan Stanley
February 25th, 2017
New FX forecasts have been released by investment bank Morgan Stanley. They continue to reflect a bullish view of the Dollar but more against lower yielding developed market currencies such as the Euro and Yen than emerging market (EM) ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
Euro area reports up in household income per capita
January 30th, 2017
In the euro area, in real terms, household income per capita increased by 0.2% in the third quarter of 2016, after an increase of also 0.2% in the previous quarter. Household real consumption per capita increased by 0.3% in ...
Euro zone starts year with solid economic growth, but risks ahead
January 26th, 2017
The euro zone started 2017 by maintaining solid economic growth as a weaker currency boosted orders for goods and services, a survey showed, but rising political risks could soon take their toll. Growth in Germany’s private sector slowed slightly ...
Investor optimism, global economic reality may clash in 2017
January 3rd, 2017
The economic outlook for this year looks similar to 2016 – uneven and unspectacular, according to economists worldwide polled by Reuters in December. The result is despite investor optimism about a breakout for the world economy. Many of the ...
