Search Results for: economy
Draghi and Yellen leave EUR/USD in range
September 29th, 2016
Both Fed Chair Janet Yellen and ECB President Mario Draghi are making public appearances, but they have little to show for regarding EUR/USD movements. Yellen is testifying in Washington, but the topic of her appearance is not monetary policy. While she may ...
Aussie near 3-week highs, kiwi steady after OPEC deal
September 29th, 2016
The Australian slid lower against its U.S. counterpart on Thursday, after hitting a three-week high earlier in the session, while the New Zealand dollar held steady following news an production cap deal was struck by major oil producers. AUD/USD fell ...
Deutsche Bank Shares Drop on Fears of Capital Raising
September 27th, 2016
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from the German government. Shares of Deutsche Bank, one of the ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
Iran to introduce credit cards for the first time
September 26th, 2016
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued soon, local ISNA news agency reported, citing the Central Bank ...
Dollar sways versus yen and euro, U.S. presidential debate awaited
September 26th, 2016
The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency’s near-term direction. The greenback was off lows versus ...
Japan issues fresh warning against excessive yen rises
September 23rd, 2016
Japanese authorities are ready to act against excessive yen rises, the government’s top spokesman said on Friday, issuing a fresh warning to markets against recent yen gains that could hurt the country’s export-reliant economy. The dollar fell to a ...
The root cause of monetary confusion
September 23rd, 2016
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weirdos. Supporting one side or the other as if they were opposing football ...
LSEG signs MoU with Bank Hapoalim to support Israeli high growth companies
September 22nd, 2016
Partnership will see LSEG’s ELITE and Bank Hapoalim collaborate to attract new Israeli companies to ELITE ELITE is London Stock Exchange Group’s international programme for ambitious high growth businesses Group’s first Capital Markets conference in Israel targets high growth ...
Recent Upgrade by S&P: What does it really mean?
September 22nd, 2016
The first long-awaited upgrade of the Cyprus economy by the rating agencies for this Fall has finally arrived with the recent upgrade from S&P by one notch (from BB- to BB). Now we are only two notches away from ...
