Search Results for: SIX
European stocks rose
January 26th, 2024
European stocks rose on Friday, bucking weakness in US equity futures and in Asian markets, as an update from the world’s largest luxury retailer showed that spending among the wealthiest consumers remains resilient. Europe’s Stoxx 600 index advanced as ...
Poland blocks EU directive to implement global corporate tax deal
April 14th, 2022
Poland vetoed on Tuesday (5 April) a compromise proposal for an EU directive that would implement the internationally agreed 15% minimum effective taxation rate for large multinationals. With its veto, the Polish government frustrated the French EU Presidency’s goal ...
The dollar was pinned near recent lows against other currencies
August 4th, 2021
The dollar was pinned near recent lows against other currencies on Tuesday, as traders awaited U.S. jobs data for a guide to the rates outlook, while labor market strength lifted the kiwi in anticipation of a New Zealand rate ...
Survey: Four in five consumers globally would use a biometric payment card
July 13th, 2021
More than four fifths of consumers (81%) worldwide are ready to use a biometric payment card and authenticate payments with their fingerprint rather than a PIN code, according to a survey commissioned by a biometric technology provider. The survey ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
European stocks hovered below record highs on Wednesday
June 23rd, 2021
European stocks hovered below record highs on Wednesday as inflation worries overshadowed data showing a rise in June business activity, while shares in French luxury good makers tumbled on the back of a ratings downgrade from HSBC. The pan-European ...
Technical analysis and market psychology
June 16th, 2021
This article examines the relevance of technical analysis to today’s financial markets. Its genesis springs from two branches, Dow theory and the Elliott wave principal. Originally, Dow theory sprang from an attempt to discern the state of the ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
The Geopolitics of Gold
June 10th, 2021
A number of events are coming together which are set to push gold prices higher. Besides a combination of continuing inflationary policies and massive future budget deficits undermining the dollar, by closing down derivative market activities new Basel ...
