Search Results for: europe
Yen falls against dollar, euro as Nikkei recovers
January 15th, 2015
The yen weakened against the dollar and the euro in Asian trade Thursday, as a recovery in Tokyo stocks prompted selling of the safe-haven Japanese currency. The dollar USDJPY, +0.34% was at ¥117.74 compared with ¥117.27 late Wednesday in New York and ...
Increased U.S. Output Bolsters Oil Glut Fears Sending Prices Back Down
January 15th, 2015
Oil resumed its decline after the biggest gain since June 2012 as U.S. crude production increased, bolstering speculation a global supply glut that spurred last year’s price collapse may persist. Futures dropped as much as 1.3 percent in New York. ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
Cinnober selected to receive EU funding for disruptive client clearing technology
January 14th, 2015
The European Commission recognizes need for real-time risk margining, multi-asset client clearing solution for the banking sector The European Commission has announced that Cinnober has been chosen to receive financial support to develop a real-time risk margining and multi-asset ...
Markets mixed as oil slide continues
January 14th, 2015
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...
Interview with Benoît Cœuré, ECB
January 14th, 2015
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, on 13 January 2015 How concerned are you about the election of a new parliament in Greece resulting in a re-emergence of the euro crisis? Greece is ...
Oil prices extend slide in commodities sell-off
January 14th, 2015
Oil prices fell more than 1 percent on Wednesday after touching their lowest in nearly six years the previous session, extending losses alongside a sell-off in other commodities. Commodities came under pressure after the World Bank cut its forecasts for global ...
Most Asian Stocks Drop; Commodities Slump, Yen Extends Advance
January 14th, 2015
Asian stocks declined, led by a retreat among materials producers, as the slump in crude prices spread to copper and the yen rose a fourth day against the dollar. BHP Billiton Ltd., the world’s largest mining company, lost 2.8 percent in ...
Oil Prices Explained by Economics
January 13th, 2015
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent months, reaching its lowest point in more than five years. ...
Is the ECB allowed to buy sovereign bonds?
January 13th, 2015
The European Court of Justice is looking into whether the ECB’s plan to buy sovereign bonds is really within its mandate. Experts expect the central bank to start its program soon, in a bid to head off deflation. “The ...