Search Results for: euro zone
Asia shares fall on China caution, yuan jumpy ahead of IMF decision
November 30th, 2015
Asian shares fell on Monday as Chinese stocks extended last week’s sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI’s ...
After Grexit and Brexit, now is Fixit? a Finnish exit of the single currency
November 19th, 2015
A ‘Fixit’? Finland to debate leaving the euro zone We’ve heard of a “Grexit” and “Brexit” to refer respectively to the threat of Greece and Britain leaving the euro zone and European Union. But now there’s a “Fixit” – ...
Asian shares get a fillip from ECB stimulus hopes
October 23rd, 2015
Asian share markets advanced on Friday, tracking offshore gains following hints of new stimulus from the European Central Bank (ECB). ECB President Mario Draghi signaled on Thursday that the central bank is prepared to undertake another large stimulus package to tackle the lackluster ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
Greece to unveil painful 2016 draft budget
October 5th, 2015
Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the economy will stay in recession next year before returning to growth in 2017, in line with the estimates by the country’s lenders. ...
Volkswagen bigger risk for Germany than Greek crisis
September 24th, 2015
Volkswagen could pose bigger threat to German economy than Greek crisis The Volkswagen (VOWG_p.DE) emissions scandal has rocked Germany‘s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to ...
Dollar hits near two-week high on renewed rate hike bets
September 22nd, 2015
The dollar touched an almost two-week high against a basket of major currencies on Tuesday after comments from Federal Reserve officials revived expectations that U.S. interest rates will still be hiked later this year. The greenback has bounced back ...
Thomson Reuters: Interview with Vítor Constâncio, Vice-President of the ECB
September 16th, 2015
Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O’Donnell on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
IMF: A form of debt restructuring should enable Greece to handle its “unviable” debt
August 31st, 2015
Crisis in Greece: IMF’s Lagarde says restructuring should suffice A form of debt restructuring rather than outright forgiveness should enable Greece to handle its “unviable” debt burden, the head of the International Monetary Fund was quoted as telling a ...
