Search Results for: euro zone
Dollar gains as investors move back into stocks, oil
April 19th, 2016
The yen was lower against its rival currencies in Asian trade Tuesday, with improved market sentiment prompting sales of the safe-haven Japanese currency. The U.S. dollar USDJPY, +0.47% advanced to as high as ¥109.23 before trimming its gains to ¥109.06. That compared ...
The ECB and shadow banking
April 19th, 2016
Markets have fully adjusted to a financial world which reflects the leadership and management of money by central banks, and are increasingly frightened of any prospect of their control failing. Every time the system stumbles, the response has been ...
Asian Stocks Advance as Oil Holds Near $40; Aussie, Kiwi Climb
April 19th, 2016
Korean won climbs to five-month high as gold declines Japan’s Topix jumps by most in a month as yen weakens Asian equities jumped by the most in a month as crude oil stayed within sight of $40 a barrel, ...
The Monetary Authority of Singapore has issued a Monetary Policy Statement
April 14th, 2016
INTRODUCTION 1. In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation slightly. There was no change to the width of the ...
There’s still a lot of optimism for the eastern Mediterranean gas fields
April 11th, 2016
E MED: Short – Term problems cloud Longer – Term Outlook There’s still a lot of optimism surrounding the eastern Mediterranean, despite a recent decision by the High Court in Jerusalem that will delay Israeli field developments and continuing ...
A tale of two currencies
April 5th, 2016
There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm, that it will blow again from ...
Time for deal with Greece’s creditors is running short
March 31st, 2016
The government is striving to find common ground with the country’s creditors on measures worth 3 percent of Greece’s gross domestic product, or 5.4 billion euros, before the Eurogroup meeting on April 22, so as to have completed its ...
Greece Economic Crisis Enters Year 9
March 28th, 2016
Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky financial sector ended a turbulent year defined by political crisis and uncertainty. Gross domestic product ...
HSBC reports on Oil prices scenarios
March 24th, 2016
Despite hopes that lower oil prices will stabilise global growth, experience suggests otherwise. Growth was disappointing in 2015 even though the oil price had plunged in 2014. While developed-world consumer spending grew at the fastest rate since before the ...
The ECB and John Law
March 21st, 2016
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ...
