Search Results for: Germany
Oil extends gains after big U.S. crude stock draw
September 8th, 2016
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. crude stocks fell 12.1 million barrels last week, data from ...
Euro area unemployment at 10.1%
September 8th, 2016
Eurostat has issued a publication to inform regarding the unemployment rate in Euro area for July. The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable compared to June 2016 and down from 10.8% in July 2015. ...
What to Watch at the ECB’s Meeting
September 8th, 2016
As Mario Draghi prepares to face the cameras on Thursday, analysts have rarely been so divided over what to expect from the European Central Bank president. In July, ECB officials signaled that they were ready to unleash fresh stimulus to support the eurozone’s ...
Deutsche Börse Venture Network launches service for financing rounds
September 7th, 2016
Venture Match for growth companies to start at the end of September Offer is part of the initiative to build an ecosystem for growth Deutsche Börse Venture Network will launch its Venture Match service at the end of September. ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
World leaders ousted for legal reasons
September 1st, 2016
Brazil’s Dilma Rousseff became the latest political leader ousted for legal reasons after the Senate voted for her impeachment Wednesday. Rousseff joins a gallery of former leaders forced to stand down either through formal impeachment proceedings or forced to ...
Investors miss out on $500 billion as global bond yields plunge, Fitch Rating says
September 1st, 2016
Investors have seen their interest income squeezed as global bond yields plunge. On the flipside, governments aren’t complaining. Relative to yields in 2011, global investors are foregoing more than $500 billion in annual income on roughly $38 trillion in ...
Euro-zone inflation misses with 0.2%
August 31st, 2016
Euro-zone inflation is not going anywhere fast: 0.2% is the headline. This is identical to the figure in July and leaves CPI far away from the 2% target the ECB has. Core inflation also fell short of predictions by actually ...
Commerzbank, Deutsche Bank Shares Rise on Report of Potential Merger
August 31st, 2016
Shares in Commerzbank (CRZBY) and Deutsche Bank (DB) rose on Wednesday after Manager Magazin reported news of a potential merger of Germany’s two leading lenders. The weekly news publication said Deutsche Bank is “moving towards until now unthinkable options with ...
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
