Search Results for: European Central Bank
Rising Yen Passes 100 to Dollar
August 17th, 2016
The dollar fell to less than ¥100 during Tuesday’s trading for the first time since the immediate aftermath of the U.K.’s vote to leave the European Union. Traders said thin trading volume and stop-loss orders exaggerated gains in the ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Fintech firms look to Ireland to establish HQs
August 16th, 2016
Financial technology companies are increasingly considering Irish headquarters ahead of the UK’s departure from Europe, but there are concerns the Irish regulatory system cannot reform itself fast enough to meet demand. Brexit has pushed the issue into sharp focus with ...
The US dollar could stay stuck in a rut until after November
August 16th, 2016
The U.S. dollar is stuck in a rut, and it could stay there for a while. Dollar bulls have been falling by the wayside this summer, as the U.S.Federal Reserve looks further away from tightening its monetary policy. The currency also runs ...
Dollar steady, sterling waits for BoE rate cut decision
August 4th, 2016
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
Asian Shares Gain, Won Rises With Ringgit as Fed Seen on Hold
August 1st, 2016
MSCI Asia-Pacific benchmark heads for sixth day of gains Won, ringgit advance as waning Fed rate rise odds hurt dollar European and U.S. stock futures climbed as Asian shares advanced and the South Korean won rallied to a one-year high ...
Brexit post-mortem
July 29th, 2016
It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
