Search Results for: Jean-Claude Juncker
Pan-European Stoxx 600 was down Monday morning; Auto stocks led the losses
October 8th, 2018
European markets were lower Monday morning, following broad declines in Asia after China’s central bank cut its reserve requirements for banks. The pan-European Stoxx 600 was down around 0.5 percent during early morning deals, with most sectors and major ...
Trade truce boosts the euro and hurts the US dollar
July 27th, 2018
The DXY dollar basket dropped to 94.08, down from a high of 95.65 last week. The dollar is under pressure from a range of negative drivers. Friday’s GDP print could be the blow off top for US growth and ...
Dollar slides against emerging market currencies
July 26th, 2018
The dollar fell against emerging market currencies Wednesday as investors awaited a meeting between President Donald Trump and European Commission President Jean-Claude Juncker. The dollar was recently down 1% against the Brazilian real and lost 1.2% against the Turkish ...
EU plans more powers for consumers to sue companies
April 12th, 2018
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. Wednesday’s proposal by the EU executive would allow some groups ...
The U.S. dollar bounced to a two-week top
December 4th, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in ...
Next steps against fake news
December 1st, 2017
Next steps against fake news: Commission sets up High-Level Expert Group and launches public consultation. The EU Commission launched a public consultation on fake news and online disinformation and set up a High-Level Expert Group representing academics, online platforms, ...
Fragmenting Countries, Part 1: Catalonia Is Just The Beginning
October 31st, 2017
Picture a life where you do most of your shopping through Amazon.com and the local farmers’ market, most of your communicating through Facebook and Instagram, much of your travel via Uber, and much of your saving and transacting with ...
EU lawyers admit that £92billion Brexit Bill is impossible to enforce
May 8th, 2017
EU lawyers admit that £92billion Brexit Bill is impossible to enforce and warn Eurocrats against attempting to make the UK pay the massive bill EU officials were told they could not ‘cherry pick’ the accounts and hit the UK with ...
Germany accused of strangling EU tax transparency
December 13th, 2016
A German-led group of EU states is trying to strangle plans for greater tax transparency, amid the restart of an iconic whistleblower case. Germany was accused of leading the behind-the-scenes attack on a European Commission proposal to raise transparency ...
EU to boost growth and jobs creation
September 15th, 2016
The president of the European Commission proposed on Wednesday a revamp of the bloc’s investment strategy aimed at doubling the capacity of a scheme for boosting EU growth and jobs, while launching a new fund to help countries at ...