Search Results for: interest rates
Bank of England released Monetary Policy; Bank Rate held at 0.25%
May 11th, 2017
Bank of England has issued today an announcement to release a summary of its Monetary policy as it was voted in its meeting ended on 10 May 2017. Bank Rate held at 0.25%, government bond purchases at £435bn and corporate ...
INTL FCStone Inc. reports Fiscal 2017 Second Quarter Financial Results
May 11th, 2017
INTL FCStone Inc. (NASDAQ:INTL), a diversified global financial services organization providing execution, risk management and advisory services, market intelligence and clearing services across asset classes and markets around the world, announced its financial results for the fiscal year 2017 ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Breaking: BaFin restricts CFD trading
May 9th, 2017
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) today issued a General Administrative Act pursuant to section 4b of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The General Administrative Act restricts the marketing, distribution and sale ...
Gulf countries will return to economic growth
May 8th, 2017
The International Monetary Fund (IMF) has forecast the return of GCC countries to faster economic growth starting next year, supported by a fundamentally strong financial services sector and improved growth in the non-oil private sector as well as a ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
The European Commission proposes simpler and more efficient derivatives rules
May 7th, 2017
The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
Greece is fighting for debt relief
May 4th, 2017
Relief map for Greek debt? Not without a fight or two Easing Greece’s fiscal path forward is likely to be the next great struggle in the country’s agonizing, seven-year, three-package bankruptcy saga now that a bailout pact has opened ...
