Search Results for: Société Générale
“Typical Summer Overshoot” in EUR/USD Likely Warn Soc Gen
July 28th, 2017
Kit Juckes at Societe Generale believes the conditions are ripe for the Euro v Dollar exchange rate to rush to 1.20 this summer and make life difficult for the team at the European Central Bank. Juckes makes his views ...
Solactive launches Stable Income Europe Index
May 23rd, 2017
A smart beta strategy combining free cash flow yield, low volatility and dividend yield Solactive, the innovative German index engineer, has issued a press release to announce the launch of the Solactive Stable Income Europe Index. This index is ...
CLS shareholders elect nine new board directors
May 19th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that nine new directors have been elected to its Board of Directors at its Annual General Meeting held ...
Oil Jumps as Saudis, Russia Favor Extending Output Deal to 2018
May 16th, 2017
Ministers agree pact should extend through the end of March OPEC deal is working and inventories decreasing: Al-Falih Oil rallied after Saudi Arabia and Russia stoked expectations that production cuts might be extended for nine months. Futures closed at ...
Euronext to launch new fund service in Paris
April 26th, 2017
AXA IM, COMMERZBANK, ECOFI INVESTISSEMENTS, LA FRANÇAISE INVESTMENT SOLUTIONS, NATIXIS AM and OFI AM funds admitted Innovative model to facilitate investment in funds Service to open on 15 May 2017 Euronext today announced the launch of Euronext Fund Service ...
European markets continue rally after first round of the French election
April 24th, 2017
European markets continue rally after Macron’s victory; French banks soar; CAC up 4% European markets extended gains during mid-afternoon trade on Monday after centrist French presidential candidate, Emmanuel Macron, won the first round of the French election. The pan-European ...
IBM Launches Blockchain Platform for US Oil Trade
April 7th, 2017
Technology giant IBM has developed a blockchain trade finance platform alongside a bank and a commodity trading house to settle deals using the blockchain solution. Singaporean commodities trading house Trafigura and French bank Natixis join IBM in the innovative ...
Draghi sends the Euro Lower on Thursday, Seen Paring Losses Mid-Day
April 6th, 2017
Euro to Dollar exchange rate: 0.8516, down a quarter of a percent Euro to Pound exchange rate: 1.0638, down a quarter of a percent The Euro was seen edging lower in European trade on Thursday, April 6 after the ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
European banks stashing billions in tax havens
March 27th, 2017
Europe’s largest banks are draining public coffers by stashing billions of profits offshore. A 52-page report, by international aid agency Oxfam out on Monday (27 March), estimates €25 billion of banker money ended up in tax havens in 2015. ...
