Search Results for: EU
European stocks hit fresh record high
May 10th, 2021
European stocks extended a record-setting rally on Monday as optimism about the reopening of economies and easy monetary policy lifted cyclical sectors, including mining and financials. The pan-European STOXX 600 index rose 0.1% to hit a fresh all-time high ...
European stocks dipped slightly on Tuesday
April 27th, 2021
European markets are following the trend seen overnight Asia-Pacific, where stocks mostly declined as concerns about the spread of Covid-19 lingered. Elsewhere, U.S. stock futures held steady in early premarket trading on Tuesday as investors braced for another batch ...
European stocks climbed on Thursday
April 8th, 2021
European stocks climbed on Thursday, tracking gains overnight in the Asia-Pacific markets following a rise in the U.S. stock futures. The pan-European Stoxx 600 gained 0.5% in early trade, with basic resources adding 1.2% to lead gains as all ...
CySEC reached a settlement with a CIF for 100.000 euro
April 2nd, 2021
The Cyprus Securities and Exchange Commission (CySEC) has announced that has reached a settlement with a Cyprus Investment Firm (CIF). The settlement decision is in accordance with article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
British Pound’s latest jump against the Euro leaves analysts scratching heads
February 25th, 2021
Pound Sterling rallied sharply during the mid-week Asian session and is holding the gains in London trade in am move that has opened fresh new multi-month highs, but the gains have left analysts scratching their heads as to why ...
European markets advanced on Monday; Oil prices spiked overnight
February 15th, 2021
European markets advanced on Monday after a rally in Asia-Pacific overnight, with successful vaccine rollouts fueling hopes of a global economic recovery. The pan-European Stoxx 600 was up 1.1% by early afternoon deals, with media stocks surging 3.8% to ...
The dollar traded near a two-month high versus the euro on Wednesday
February 3rd, 2021
The dollar traded near a two-month high versus the euro on Wednesday as investors looked to a widening disparity between the strength of the U.S. and Europe’s pandemic recoveries. The view was bolstered by moves in Washington toward fast-tracking ...
European stocks were largely flat on Wednesday
January 27th, 2021
European stocks were largely flat on Wednesday due to losses in technology and mining sectors and as investors stayed on the sidelines ahead of the U.S. Federal Reserve’s policy decision. The pan-European STOXX 600 index was down 0.02% following ...
The Pound Euro exchange rate is seen trading lower on Monday
January 11th, 2021
The Pound Euro (GBP/EUR) exchange rate is seen trading lower on Monday, 11th January as currency markets’ attention turns to the Bank of England and possible negative interest rates in the near-term outlook. Sterling is currently quoted at 1.1067 ...
