Search Results for: European stocks
Revamped rules for EU finance: Mifid II; What is MiFID II?
January 17th, 2018
Mifid II, a major revamp of European Union finance rules took effect on January 3, 2018. Its goals: Greater transparency, competitiveness and efficiency in financial instruments, and less scope for fraud and malfeasance. What is MiFID II? It’s a ...
Europe, Brexit and the credit cycle
December 18th, 2017
Europe’s financial and systemic troubles have retreated from the headlines. This is partly due to the financial media’s attention switching to President Trump and the US budget negotiations, partly due to Brexit and the preoccupation with Britain’s problems, ...
Yen Rose, Euro Was Little Changed, Dollar Headed For Its First Weekly Loss
December 15th, 2017
Stocks in Asia declined and the dollar headed for its first weekly loss this month as investors assessed messages from Federal Reserve and European Central Bank meetings this week and concerns about the Republican tax overhaul package lingered. Hong ...
Yen Fell 0.1 Percent, Euro Was Steady, Pound Rose; Chinese shares declined
December 14th, 2017
Chinese shares declined after a surprise hike in short-term interest rates by China’s central bank, though there was little impact more broadly in Asia as investors digested the Federal Reserve’s latest rate increase of its own, and an updated ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
Euro rises for a 2nd day as risk appetite returns
November 23rd, 2017
The euro edged higher for a second consecutive day on Wednesday as investors adjusted positions on bets that the German coalition collapse will not have any impact on a brightening outlook for the European economy. However, currency markets were ...
Early Market Report: Asian Shares Pulled Back On Monday
November 20th, 2017
Asian shares pulled back on Monday, with investor sentiment hurt by a retreat on Wall Street and a slide in Chinese stocks, while the euro skidded after German coalition talks hit an impasse. Spreadbetters predicted the gloom would spread ...
The yen was flat, euro was little changed; Equity markets in Asia were steady
November 14th, 2017
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...
Global Growth Buoys Earnings As Third Quarter Fuels Europe, U.S. Equity Boom
November 10th, 2017
European and U.S. firms are reaping the benefits of a global economic expansion that is finally blooming into meaningful earnings growth and looks set to extend an equity boom through the current quarter. While the third quarter of each ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
