Search Results for: central banks
Euro to Pound: Analysts of global financial firm eye breaking of £0.90
June 1st, 2017
EUR / GBP Outlook: Morgan Stanley Eye Breaking of £0.90 Expect the Euro to make further gains against the British Pound say analysts at one of the world’s largest investment banks. “We are buyers of most EUR crosses, helped ...
Asia Stocks Slip as China Rally Fades; Pound Drops: Markets Wrap
May 31st, 2017
Shanghai shares pare gains sparked by manufacturing report U.K. currency slides as poll shows Tories may miss majority Most Asian stocks fell as better-than-expected Chinese factory data wasn’t enough to sway investors concerned over interest rate policies and European ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
EBRD joins SWIFT’s Know Your Customer Registry
May 9th, 2017
In a move to facilitate global and local financial flows and ensure their transparency, the European Bank for Reconstruction and Development has signed up to use SWIFT’s Know Your Customer (KYC) Registry and is encouraging partner banks in countries ...
The European Commission proposes simpler and more efficient derivatives rules
May 7th, 2017
The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market ...
DTCC repo clearing services gain regulatory approval
May 3rd, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
AIB Bank fined millions euro for breach anti-money laundering compliance rules
April 27th, 2017
The Central Bank of Ireland (the ‘Central Bank’) fined Allied Irish Banks, p.l.c. (‘AIB’) €2,275,000 and reprimanded it for six breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act, 2010 (the ‘CJA 2010’). All six breaches have ...
