Search Results for: European Central Bank
Asia Stocks Drop as Yen Gains; Aussie Dollar Slips: Markets Wrap
April 4th, 2017
Tokyo, Sydney stocks lower; China, India shut for holidays Australia’s central bank leaves interest rates unchanged Asian stocks slipped, taking their cue from a weaker U.S. equities session, as a rising yen weighed on shares in Tokyo. The Australian ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
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 ...
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...