Search Results for: German
European stocks retreated Thursday
September 24th, 2020
European stocks retreated Thursday as investors’ hopes for economic recovery following the coronavirus pandemic falter amid a second wave of cases. The pan-European Stoxx 600 fell 0.9% by mid-morning, with retail stocks shedding 1.6% to lead losses as all ...
Big banks moved trillions despite knowing money was illegal; FinCEN
September 22nd, 2020
Leaked documents reveal major flaws in the global effort to curb money laundering. Major international banks are in hot waters again. Confidential documents leaked to journalists show that some of the biggest international banks continued to do business with corrupt ...
European stocks fell on Thursday; The biggest sectoral decliners in Europe
September 17th, 2020
European stocks fell from a one-month closing high on Thursday after an underwhelming response to the U.S. Federal Reserve’s pledge to keep interest rates low for a prolonged period. The pan-European STOXX 600 dropped 0.9%, on course to break ...
European stocks look headed for positive start
September 14th, 2020
Higher European and U.S. futures following news about resumption of final stage clinical trial of coronavirus vaccine by AstraZeneca point to a firm start for European stocks Monday morning. Oxford University announced on Saturday that it is resuming a ...
World Shares Update: World shares rose slightly on Monday
September 7th, 2020
World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped. ...
Individuals and companies charged in $165 million global Binary Options fraud scheme
September 4th, 2020
The Commodity Futures Trading Commission (CFTC) announced on 02 September, 2020 the filing of a civil enforcement action in the U.S. District Court for the Western District of Texas charging six individuals and four companies with operating a fraudulent ...
Unemployment rate in Euro area increased
September 3rd, 2020
In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in June 2020. The EU unemployment rate was 7.2% in July ...
UK Pound momentum strong, Euro jumps Vs U.S. Dollar overnight
September 1st, 2020
The British Pound to Dollar exchange rate (GBP/USD) enjoyed another strong day on Monday as Sterling bulls continued to push on. Adding some extra fuel to the fire, Cable was able to post a rally in the Asian session ...
European stocks are set to open higher on Monday
August 31st, 2020
European stocks are set to open higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Germany’s DAX index is seen climbing 116 points to 13,145, France’s CAC up 44 points at 5,049 ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
