Search Results for: European Central Bank
Oil, Metals Rally as Fading Fed Move Prospects Keep Dollar Weak
June 9th, 2016
China markets closed; consumer prices rise as May PPI slips Kiwi strengthens; Japanese shares decline as yen advances Oil and metals advanced as mounting speculation the Federal Reserve will hold off on raising interest rates until later in the ...
ECB published its Convergence Report 2016 for Bulgaria, Romania, Poland and another four Countries
June 8th, 2016
The period covering the latest rounds of EU enlargement has seen many countries making considerable progress towards participating in Economic and Monetary Union (EMU) The seven countries under review comply with most of the quantitative economic criteria, but none ...
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 ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
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 ...
Asia Stocks Fall With Oil, Copper as Yuan Weakens; Aussie Jumps
June 1st, 2016
Crude oil sinks below $49 before OPEC meets Thursday Korean bonds rally as export slump weighs on the won Asian stocks retreated with commodities and the yuan weakened as Chinese manufacturing data pointed to lackluster growth in the world’s ...
FTSE 100 propelled higher by strong Asian lead
May 31st, 2016
U.K. stocks kicked off the holiday-shortened trading week slightly higher, with investors taking inspiration from Asia, where Chinese stocks surged by the most in almost three months. The FTSE 100 index UKX, -0.17% rose 0.2% to 6,283.68, setting it on track for ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
Eurozone finance ministers are set to discuss easing Greece’s debt burden
May 23rd, 2016
Greek lawmakers on Sunday (22 May) adopted another batch of controversial spending cuts and tax hikes, two days before a crunch eurozone meeting expected to unlock the next tranche of much-needed bailout funds for the debt-ridden nation. The 7,000-page ...
Dollar edges down, Aussie soars on less dovish RBA minutes
May 17th, 2016
The dollar edged down slightly in Asian trading on Tuesday, while the Australian dollar soared after central bank minutes reduced expectations of an interest rate cut. The Aussie was already bolstered by a rebound in crude oil futures. U.S. ...
