Search Results for: Euro area
Switzerland, EU finalize agreement on Corporate Tax Reform
October 17th, 2014
Switzerland and member states of the European Union (EU) have signed a joint statement that reaffirms Switzerland’s commitment to abolish contested corporation tax regimes and EU member states’ pledge to lift countermeasures. The agreement was signed on October 14, ...
New Report Charts EU Tax Policy Changes In 2014
October 16th, 2014
The European Commission has published a new report detailing key tax reforms implemented by European Union member states during 2014 and identifies the main policy challenges they are said to face. The report notes that the tax burden on ...
German industry production slumps as fears mount
October 7th, 2014
German industrial production contracted 4 per cent in August, the biggest decline in over five years and much worse than expected – fuelling fears that even the eurozone’s economic powerhouse is now flirting with a recession. Germany’s economy unexpectedly ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
Draghi Loan Plan Missing Estimates Hampers ECB Stimulus
September 19th, 2014
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 billion euros ($106.5 billion) to euro-area banks at a fixed ...
Scotland votes “No”
September 19th, 2014
Scotland has voted to stay in the United Kingdom after voters decisively rejected independence. With 31 out of the country’s 32 council areas having declared after Thursday’s vote, the ‘No’ side has an unassailable lead of 1,914,187 votes to ...
Google warned of harder line from EU
September 11th, 2014
The EU’s incoming digital policy chief has put Google on notice that it faces a potentially more hostile Brussels regime, suggesting the US group could be forced to be neutral in presenting search results. The US internet group has ...
OSB Daily Technical Analysis – Currency pairs
September 9th, 2014
OSB Daily Technical Analysis for September 9, 2014 EURUSD continued its downward trajectory on Monday following a pause at the end of last week. Some indecision and sideways action during the mid-session gave way to sellers in the second ...
OSB Daily Technical Analysis – Currency pairs
September 8th, 2014
OSB Daily Technical Analysis for September 8, 2014 EUR/USD Profit taking and a higher close in the EURUSD on Friday following Thursday’s sharp decline. Failure to trade intraday above 1.30 suggests this round figure is a strong resistance level ...
Brent Oil Drifts Below $102 on U.S. Inventories
September 5th, 2014
Oil fell on Thursday, with a surprise rate cut from the European Central Bank boosting the dollar and hitting commodities priced in the U.S. currency. Losses were limited by a drop in crude oil inventories in the United States, ...
