Search Results for: European Union
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
The euro turns 20
December 28th, 2018
The euro turns 20 on Tuesday, marking two tumultuous decades that saw the single currency survive a make-or-break crisis and become a fixture in financial markets and Europeans’ wallets. But it is destined to remain a fragile giant without ...
ESMA to renew prohibition in relation to Binary Options
December 28th, 2018
The European Securities and Market Authority (ESMA) published an announcement in relation to the renewal of the prohibition on the marketing, distribution or sale of binary options to retail clients. In accordance the announcement, on 14 December 2018, the ...
Pound stuck near 20-month low as UK gov’t rules out second Brexit referendum
December 18th, 2018
The pound languished near 20-month lows on Monday, with reports that more politicians are calling for a second Brexit referendum doing little to force the currency out of a narrow trading range. With British Prime Minister Theresa May facing ...
Dollar gains as focus shifts to Fed, euro and sterling under pressure
December 14th, 2018
The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback ...
Pound falls further after Brexit vote delayed
December 11th, 2018
The pound’s fall has accelerated after the prime minister confirmed she would defer the vote on her Brexit deal. It had already fallen 1% earlier on reports of the delay, but fell further as Theresa May addressed Parliament. Sterling ...
Huawei CFO seeks bail on health concerns; Canada wants her in jail
December 10th, 2018
The CFO of China’s Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, ...
How much are households in Europe spending on food?
December 7th, 2018
Eurostat, the statistical office of the European Union, published stats showing how much people of the European countries are spending on food. In 2017, households in the European Union (EU) spent 12.2 % of their total consumption expenditure on ...
Households in Europe spent over €1.1 trillion on transport
December 4th, 2018
In 2017, households in the European Union (EU) spent 13.0% of their total consumption expenditure on transport. This represents a total expenditure of over €1.1 trillion, equivalent to 7.1% of EU GDP or €2 100 per EU inhabitant. Transport ...
FCA UK published its EU Withdrawal Impact Assessment
November 30th, 2018
The Financial Conduct Authority (FCA) has published on 29th of November, 2018, its EU Withdrawal Impact Assessment. The assessment was requested by the Treasury Select Committee and sets out the impact of the Withdrawal Agreement and future framework on ...
