Search Results for: interest rates
Markets advance as oil rebounds
January 8th, 2015
Markets rebounded and oil rose on Wednesday. US stocks recorded solid gains, with the S&P 500 index snapping a five-day losing streak and recording its first gain in 2015. Investor optimism was boosted as oil markets stabilized and better ...
Euro hovers near 9-yr lows, undermined by ECB QE bets
January 8th, 2015
The euro extended losses into a sixth straight day to trade near a nine-year low on Thursday, as investors bet the European Central Bank was getting closer to adopting quantitative easing to ward off deflation. A slump in German ...
Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
Introduction to Money Laundering
January 7th, 2015
Definition of money laundering Money Laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activities. If undertaken successfully, it allows them to maintain control over those proceeds ...
Markets decline as oil plunge continues
January 7th, 2015
Markets continued retreating on Tuesday as oil prices slumped. The sell-off of US stocks continued for the second consecutive day. The S&P 500 benchmark index fell for the fifth session in a row, with only two sectors – utilities and telecoms, ...
Euro hits fresh low before inflation trial, bonds boom
January 7th, 2015
The euro hit a nine-year trough today as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs reached all-time lows as oil fell 10 percent in just ...
Euro Falls as Consumer Prices Drop Most Since 2009; Real Gains
January 7th, 2015
The euro dropped for a fourth day versus the dollar, the longest skid in two months, as consumer prices in the region fell more than economists predicted to strengthen the case for asset purchases by the European Central Bank. ...
Euro Extends Slide on ECB Outlook; Asian Stocks, Oil Slip
January 5th, 2015
The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver and Chinese shares climbed. The euro depreciated 0.5 percent to ...
Deflation ‘may hit UK in 2015’ warn experts, who fear May’s General Election could knock stability
January 2nd, 2015
Deflation may set in this year and the May General Election could be a mess that leaves England ‘dangerously unstable’, a leading independent forecaster warns today. The Centre for Economics and Business Research (CEBR) has predicted inflation could turn ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
