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Greek Goverment shifts focus to funding needs after list approved
February 25th, 2015
Creditors clear reforms with some caveats The Greek government on Tuesday shifted its focus to the pressing matter of tackling immediate funding needs after the country’s international creditors provisionally approved a list of economic reforms proposed by the Greek ...
FTSE at a record high
February 25th, 2015
The UK’s blue chip index finally pushes past a peak that it last reached during the dot com bubble in 1999. It’s taken more than 15 years, but the FTSE 100 rose to a record high yesterday, finally beating ...
Asian shares rise after Yellen stresses policy flexibility
February 25th, 2015
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after an index of Chinese factory activity eked ...
Yellen Signals Fed’s Patience With Zero Interest Rate Has Limits
February 25th, 2015
Federal Reserve Chair Janet Yellen signaled that the central bank’s patience with holding interest rates near zero has its limits as she began laying the groundwork for a possible increase in borrowing costs later this year. While she made ...
Eurogroup statement on Greece
February 24th, 2015
EU Council press release: The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by ...
Greece reform plans receive positive response
February 24th, 2015
Greece has received a positive response to its economic reform proposals presented to eurozone officials. The plans were promised under the deal to secure a four-month bailout extension. The head of the eurogroup Jeroen Dijsselbloem said the new Greek government is serious about its ...
Switzerland, Italy Sign Landmark Double Tax Protocol
February 24th, 2015
Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations after years of controversy. The DTA protocol was initialed on ...
Dukascopy: Euro-related over-the-weekend leverage
February 24th, 2015
Some of Dukascopy liquidity providers warn their clients about an excessive risk of market gaps on Euro-related currency pairs related to Greece and its possible exit from Euro Zone which could arise at any time. In particular, there is ...
Greek finance minister’s letter to the Eurogroup
February 24th, 2015
Following is the text of Greek Finance Minister Yanis Varoufakis‘s letter to Eurogroup President Jeroen Dijsselbloem outlining Greece’s proposed reforms. “Dear President of the Eurogroup, In the Eurogroup of 20 February 2015 the Greek government was invited to present ...
Alpari’s Russia and CIS January 2015 Turnover $88.4 Billion
February 24th, 2015
Alpari Ru has issued a press release informing that: Alpari’s January turnover for the CIS and Russia exceeded $88 billion. The most popular currency for the first month of the year was the EURUSD pair, recording a 12% increase ...
