Search Results for: europe
China Has Announced Plans For A ‘World Currency’
March 6th, 2015
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, ...
ESMA and RBA conclude MoU on access to data held in trade repositories
March 6th, 2015
The European Securities and Markets Authority (ESMA) and the Reserve Bank of Australia (RBA) have concluded a Memorandum of Understanding (MoU) that will allow RBA to have access to data held in European Trade repositories according to its mandate. The MoU ...
Dollar revved up for jobs data, Nikkei hits a high
March 6th, 2015
The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of ...
ECB decisions may prove to be a blessing in disguise
March 6th, 2015
Draghi adds 500 million euros to ELA, giving banks a breather European Central Bank Governor Mario Draghi announced on Thursday a board decision on Greece that may appear tough but in fact averts a default during March at least ...
Mario Draghi: Introductory statement to the press conference in Nicosia
March 5th, 2015
Latest Update, March 06, on March 05 release of President of the ECB Introductory statement. The update is regarding Questions and Answers. You can find the Questions and Answers at the end of the following statement. Mario Draghi, President ...
ECB issued a press release regarding interest rates
March 5th, 2015
5 March 2015 – At today’s meeting, which was held in Nicosia, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit ...
Intercontinental Exchange Reports ICE and NYSE Volume for February 2015; Record Daily Oil Volume, up 59% over Prior February
March 5th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported February exchange traded volume. ICE’s February 2015 futures and options average daily volume (ADV) declined 6% compared to February 2014. Commodity ADV increased 11% ...
Statement on EBA guidelines on remuneration policies for public consultation
March 5th, 2015
The European Banking Authority (EBA) has today published draft guidelines on remuneration policies for public consultation. These guidelines seek to clarify how firms and regulators should interpret the remuneration rules in CRD IV. These guidelines would effectively remove the proportionality principle for smaller ...
EBA: Consultation on Guidelines on sound remuneration policies
March 5th, 2015
The European Banking Authority (EBA) launched today a three-month public consultation on its Guidelines on sound remuneration policies. These draft Guidelines set out the governance process for implementing sound remuneration policies across the EU, as well as the specific ...
Creditors maintain tough stance as Greece presents reforms
March 5th, 2015
As pressure builds on Greece to implement economic reforms in order to secure crucial rescue funding, the country’s representative to the Euro Working Group on Wednesday presented to his eurozone counterparts the six proposals Greece intends to make at ...
