Search Results for: European Central Bank
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...
Dollar clings near 11-year high ahead of U.S. data, ECB
March 4th, 2015
The dollar held firm near an 11-year high versus a basket of major currencies on Wednesday, as investors awaited U.S. economic data and a European Central Bank meeting later this week for fresh clues on policy direction. The dollar index edged ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Greek goverment raises concern over payment to IMF in March
February 27th, 2015
The Euro Working Group discussed Greece’s imminent funding problems on Thursday amid mounting concern about how the country will meet its obligations next months. Earlier in the day, Minister of State for Coordinating Government Operations Alekos Flambouraris suggested that ...
MTS Markets International Launches BondVision US Trading Platform
February 26th, 2015
Offers global network of counterparties and premium liquidity vis-à-vis MTS BondVision Provides US Institutional investors unparalleled access to European bond market Allows MTS to further penetrate US market in wake of global demand for fixed income products MTS ...
Apple Throws a Wrench Into Nasdaq’s Gearbox
February 26th, 2015
Shares of tech company slump, helping to end a 10-day winning streak for the index The Nasdaq Composite Index’s longest winning streak in more than five years ended with a whimper at the hands of a surprising culprit: a pullback in ...
Varoufakis says funding problem lies ahead
February 26th, 2015
Finance Minister Yanis Varoufakis admitted on Wednesday that Greece may face difficulties in finding the money to pay its obligations to the International Monetary Fund and the European Central Bank over the next few months. Greece has to repay ...
Greek Goverment shifts focus to funding needs after list approved
February 25th, 2015
Creditors clear reforms with some caveats The Greek government on Tuesday shifted its focus to the pressing matter of tackling immediate funding needs after the country’s international creditors provisionally approved a list of economic reforms proposed by the Greek ...
Decisions taken by the Governing Council of the ECB
February 24th, 2015
On 18 February 2015, the Governing Council approved the public account of its monetary policy meeting of 21 and 22 January 2015. The first edition of this new communication product, which is aimed at enhancing the transparency of Governing ...
Asia Stocks Climb With Dollar Before Yellen, Greek Talks
February 24th, 2015
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...
