Search Results for: European Central Bank
Single Euro Payments Area makes major changes to retail changes
August 1st, 2014
The European Central Bank (ECB) today marks a major milestone in the integration of retail payments in Europe. After 15 years of work, the Single Euro Payments Area (SEPA) has been successfully implemented for credit transfers and direct debits ...
Euro zone inflation declines to near five-year low in July
July 31st, 2014
Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers’ radar but unlikely to spur the European Central Bank into further ...
Pound is bullish as Shine Comes Off
July 30th, 2014
The shine is starting to come off the U.K. pound, which has given up its reign as the most popular bullish bet for 2014 among the Group of 10 currencies. Hedge funds and other large speculators cut their net ...
Asia stocks drop after earnings hurt Wall Street
July 28th, 2014
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...
E.C.B. Says It Has Been Hacked in Apparent Blackmail Attempt
July 24th, 2014
The European Central Bank said on Thursday that hackers had broken into an internal database and stolen information about journalists and others, in what appeared to be part of a blackmail scheme. The central bank said that the information ...
Lithuania to join euro area and single supervisory mechanism (SSM) on 1 January 2015
July 23rd, 2014
European Central Bank has issue a press release today about Lithuania to join euro area and single supervisory mechanism (SSM) on 1 January 2015. Conversion rate of the litas is fixed at 3.45280 = EUR 1 Lithuanian banks will ...
CBC «Investment Funds Statistics» Publication
July 21st, 2014
The Central Bank of Cyprus (CBC) releases today for the first time the quarterly publication “Investment Funds Statistics”, which provides statistical aggregated data concerning Investment Funds (IFs). The data is compiled by the Statistics Department of the CBC, based ...
Japan Leads Global Volatility Decline to Seven-Year Low
July 15th, 2014
Across global stock markets, nowhere is calm descending faster than in Japan. The Nikkei Stock Average Volatility Index, which tracks the cost of options on the Nikkei 225 (NKY) Stock Average, tumbled 33 percent this year to 15.3 yesterday, ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
Dollar slips on Fed minutes, Aussie eyes jobs test
July 10th, 2014
The dollar started at one-week lows against a basket of major currencies on Thursday, coming under some pressure after minutes of the Federal Reserve’s June meeting gave no clear indication on when interest rates will rise. The minutes confirmed ...
