Search Results for: europe
Top EU officials eye deal by end-May as technical-level talks make gradual progress
May 20th, 2015
As Greek government officials expressed their confidence that a deal with the country’s creditors is close, top European officials indicated Tuesday that although there has been progress in negotiations, an agreement is unlikely before the end of the month. ...
Asian shares slip, but Japan GDP surprise lifts Nikkei
May 20th, 2015
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured by expectations that the European Central Bank would increase its ...
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
May 19th, 2015
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now approaching ...
Yanis Varoufakis says Greece will have a deal within a week (Video)
May 19th, 2015
The Greek government’s coffers are running dry, but finance minister Yanis Varoufakis has good news — he thinks a bailout deal with the country’s international creditors is imminent. In a televised interview on Monday night, when pressed to give ...
CRYEX to establish crypto currency exchange and clearinghouse using turnkey solutions from Cinnober
May 19th, 2015
A new start-up in digital currency, CRYEX, has made its entrance on the financial stage. The company announced recently that it has filed an application with the Swedish Financial Supervisory Authority (Finansinspektionen) to become one of the world’s first regulated ...
ICAP: Full-year results for the year ended 31 March 2015
May 19th, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk and information services, announces today its audited results for the year ended 31 March 2015. Highlights: Double digit Post Trade Risk and Information revenue growth, ...
Greece wants loan deal by end of May
May 18th, 2015
Greece wants to reach a loan deal with its EU-IMF creditors by the end of May to resolve an acute cash shortage, the government said on Monday. “A deal is required immediately, this is why we are talking about ...
Dollar pushes higher but near lows after downbeat U.S. data
May 18th, 2015
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist * Kiwi skids after tax news raises rate-cut speculation The ...
Draghi Says ECB Policy Potent as Low-Rate Risks Monitored
May 15th, 2015
Mario Draghi said the European Central Bank’s non-standard measures have proven effective, and low interest rates haven’t yet led to financial imbalances. Unconventional actions “have proven so far to be potent, more so than many observers anticipated,” the ECB ...
Nomura Is Latest Bank to Stop Clearing Swaps as New Rules Bite
May 14th, 2015
Nomura Holdings Inc. will no longer act as a middleman to allow clients to guarantee their swap trades with a clearinghouse, the latest bank to exit the business as new rules increase risks and costs in the $630 trillion ...
