Search Results for: Federal Reserve
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
Asian markets dip as investors cash out after dovish Fed minutes
February 24th, 2017
Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The Nikkei Stock Average NIK, -0.45% was down 0.2% with the S&P/ASX ...
Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap
February 23rd, 2017
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese shares slipping after minutes from the Federal Reserve’s latest meeting ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
Alert: New wave of cyberattacks against global banks
February 13th, 2017
New wave of cyberattacks against global banks linked to Lazarus cybercrime group Dozens of banks, particularly in the United States and Poland, have been targeted by newly identified malware. An aggressive campaign of malware attacks against dozens of banks ...
Asian Stocks Advance as Banks Rally; Dollar Mixed: Markets Wrap
February 6th, 2017
U.S. jobs data show hiring increase with weaker earnings gains S&P 500 closed within 1 point of all-time high on Friday Asian stocks advanced after the Trump administration’s plan to roll back financial regulations sparked a rally in global bank ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Former Fed Employee Fined $5,000 for Using Computer for Bitcoin
January 31st, 2017
A former Federal Reserve employee was sentenced Friday to 12 months probation and a $5,000 fine after pleading guilty in October to installing unauthorized software on a computer server at the U.S. central bank. Nicholas Berthaume, who as a ...
Is Europe Headed For A Political And Financial Crisis In 2017?
January 23rd, 2017
Is Europe Headed For A Political And Financial Crisis In 2017? While most eyes are on the dramatic shifts possible for U.S. economic policy as Donald Trump is sworn in as president on January 20, similarly deep political currents ...
