Search Results for: Commerzbank
Euro traders wait for ECB meeting, yuan drops on virus fears
January 23rd, 2020
The euro remained stuck in its recent trading range on Thursday before the European Central Bank’s meeting, while China’s yuan dropped on fears about the spread of a virus. Euro/dollar traded little changed at $1.1094. So did the dollar ...
The euro held near a 10-day low on Monday
November 25th, 2019
The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near term. Though latest data showed business morale in Germany, Europe’s ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
European stocks open slightly lower; Asian markets were mixed
October 29th, 2019
European stocks opened slightly lower on Tuesday morning as traders monitor progress in U.S.-China trade discussions and a fresh push from U.K. Prime Minister Boris Johnson for an early general election. The pan-European Stoxx 600 was 0.13% lower shortly ...
Oil markets are one outage away from crisis
September 23rd, 2019
The supply disruptions in the oil market may not be over, despite volatility and prices easing in the days after the Abqaiq attack. The repairs at the Abqaiq processing facility are on an extremely tight timetable. According to Bloomberg, ...
UPDATE: European stocks fall
September 23rd, 2019
European shares were sharply lower Monday afternoon, as investors reacted to weaker-than-expected economic data and the collapse of one of the world’s most well-known tour operators. The pan-European Stoxx 600 was down around 0.8% during early afternoon deals, with ...
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
Sterling rebounds on data surprise, Brexit hopes
September 9th, 2019
Sterling rebounded from early lows on Monday and headed toward a five-week high on Monday as surprisingly strong data and growing optimism that Britain will not crash out of the European Union without a deal boosted demand for the ...
Currencies Update: Dollar slips for third day; Euro to Dollar got a boost
July 12th, 2019
The dollar edged lower for a third consecutive day on Friday as stronger-than-expected U.S. inflation data failed to shake convictions that the Federal Reserve will start cutting interest rates at a policy meeting later this month. Against a basket ...
Europe stocks seen mixed as trade war fears continue
May 8th, 2019
European stocks were seen mixed Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets. The pan-European STOXX 600 index dropped 0.14% after the bell, with the travel ...
