Search Results for: German
European stocks rose on Monday
July 13th, 2020
European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% last week, the Stoxx Europe 600 gained 0.6%. The German ...
Prices are going to rise — and fast!
July 7th, 2020
With stockmarkets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the very short-term as we emerge from lockdowns, the economic situation is actually dire, and any hope of ...
Huge wine frauds uncovered in Europe; Legal proceedings
July 3rd, 2020
Fresh allegations have emerged in a major wine fraud investigation underway at Spain’s top criminal court, the Audencia Nacional. The inquiry centers on the involvement of two of Spain’s biggest wine companies in the fraudulent labelling of young wine ...
European stocks had their best quarter in five years: Here are the biggest movers
July 1st, 2020
The Euro Stoxx 600 on Tuesday closed out its best quarter since March 2015, having climbed 12.59% since the beginning of April. Even after that rally, the pan-European blue chip index still closed down 13.35% on the year and ...
Wirecard files for insolvency after ex-CEO arrested in $2 billion scandal
June 25th, 2020
Wirecard has filed for insolvency, just days after a $2 billion accounting scandal at the company burst into the open, crashing its stock and leading to the arrest of its former chief executive. The digital payments company said in ...
European shares were moving higher on Tuesday
June 23rd, 2020
European shares were moving higher on Tuesday even as a number of states in the U.S. continued to report a rise in new virus cases and hospitalizations. Meanwhile, a closely-watched measure of economic activity pointed to a continued rebound ...
The crisis goes up a gear
June 22nd, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar. At this stage of an evolving economic ...
The dollar slipped on Monday; The Australian dollar led modest gains in Asia
June 22nd, 2020
The dollar slipped on Monday in a choppy session as investors tried to navigate their way through an unsettling rise in coronavirus infections and weigh whether it would delay an economic recovery. The Australian dollar led modest gains in ...
EU: Oil deliveries declined; The countries with the largest quantity decreases
June 18th, 2020
EU Member States have taken restrictive measures to slow down the spread of COVID-19 that have had an impact on the use of fuels for transport, such as limitations in international air traffic and people’s movements. These measures, which ...
Euro to Pound Sterling exchange rate slips
June 18th, 2020
While the Euro (EUR) outlook remains fairly appealing, the Euro to Pound Sterling (EUR/GBP) exchange rate slipped again today. A lack of fresh support for the Euro in recent sessions, combined with a recovering US Dollar (USD), made it ...
