Search Results for: FIS
The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting
November 26th, 2018
The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino trade tensions sapped risk appetite. The greenback, considered a safe ...
Why interest rates are rising long-term
November 23rd, 2018
There are growing expectations that the current cycle of rising interest rates will result in a deflationary recession. While a credit crisis is increasingly likely to evolve in the coming months, it is a highly inflationary situation. A ...
Brexit draft deal: The key points explained
November 15th, 2018
Theresa May’s draft Brexit agreement has been agreed by her cabinet after more than 18 months of negotiations with the EU. It took five hours of discussions inside Downing Street before the prime minister was able to hail the ...
Dollar climbs to 16-month peak; pound falls on Brexit fears
November 13th, 2018
The dollar reached a 16-month high on Monday against a basket of currencies as investors built bets on a Federal Reserve interest rate increase next month, and political risks in Europe which put pressure on the euro and the ...
Nowhere is safe: France will hunt for tax cheating on social media
November 12th, 2018
France’s tax inspectors will begin searching through social media accounts in 2019 in order to fight against tax evasion, Budget Minister Gerald Darmanin said in an interview. “(The fiscal administration) will be able to see that if you have ...
Victims of €20m French-Israeli ads scam to get some money back, not from Israel
November 7th, 2018
Seven years after French law enforcement began receiving complaints about a sophisticated advertising scam operated from France and Israel, hundreds of victims of the 20 million euro ($17.5 million) fraud are being notified by the French authorities that they ...
Visa CEO Predicts 100 Million Contactless Cards in a Year
November 6th, 2018
Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule market in terms of card numbers and transaction volume. But ...
Dollar holds near 10-week high; Euro lost 1.8 percent this month
October 29th, 2018
The dollar edged higher against a basket of its key rivals on Monday, not far off a 10-week high hit after data showed U.S. economic growth slowed less than expected and as global risk sentiment remained fragile. The U.S. ...
What to watch in European stocks
October 23rd, 2018
Here what investors watch ahead of the market open in Europe: Unprecedented Steps Italy continues to hog attention in European markets, and there’s no reason Tuesday should be any different. After the government continued a staunch defense of its ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
