Search Results for: European Investment Bank
Draghi’s Buying Spree for the ECB Might Start Modestly
October 2nd, 2014
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program this month to buy asset-backed securities and covered bonds, initial ...
BOC to sell high-yield bond fund in Europe
September 24th, 2014
One of China’s state-owned banks has struck a deal with Citigroup to market its first fund to pension funds and retail investors in Europe. Bank of China Hong Kong Asset Management, which is owned by Bank of China, has ...
Blackstone to pull out of Russia
September 22nd, 2014
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country. The New York-based buyout group has been frustrated in its attempts to find deals ...
Why The Bitcoin Price Dropped Today
September 19th, 2014
Normally in the Bitcoin world sudden price fluctuations ranging from $10-$30 can be attributed to market manipulation by large holders of the virtual currency. However, when the price changes greater than $30 in a short period of time there ...
CySec: Council regulations over Ukraine
September 18th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities’) about the publication in the Official Journal of the European Union the following: 1. Council Regulation (EU) No.959/2014 of ...
Gold Drops Sharply Below $1260 as U.S. Dollar Rallies
September 5th, 2014
Gold prices settled lower on Thursday as brighter prospects for the U.S. economy and the dollar dimmed the metal’s appeal. Bullion got little impetus from the European Central Bank’s dramatic decision to cut three separate interest rates, as well ...
Gold Drops to $1265 on Stronger Currency
September 3rd, 2014
Gold settled at its lowest level since mid-July on Tuesday, breaking through key support at August lows as the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week. In the 10 ...
Eurozone: Draghi’s new deal
September 3rd, 2014
About halfway through the speech, Mario Draghi stumbled. The European Central Bank president had reached a passage in his prepared remarks about the worrisome trend in inflation afflicting much of the continent. Few central bankers are more aware of ...
Asian shares wobble in early trade, euro sinks
September 1st, 2014
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey, while the euro touched a fresh one-year low ahead of this week’s European Central Bank meeting. “Naturally, developments ...
Euro zone inflation dips as expected in August
August 29th, 2014
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries using the ...
