Search Results for: Fed
FTSE at a record high
February 25th, 2015
The UK’s blue chip index finally pushes past a peak that it last reached during the dot com bubble in 1999. It’s taken more than 15 years, but the FTSE 100 rose to a record high yesterday, finally beating ...
Asian shares rise after Yellen stresses policy flexibility
February 25th, 2015
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after an index of Chinese factory activity eked ...
Switzerland, Italy Sign Landmark Double Tax Protocol
February 24th, 2015
Switzerland and Italy have signed a protocol to their double tax agreement (DTA) and a roadmap for tax cooperation – deals that the Swiss Government says will improve relations after years of controversy. The DTA protocol was initialed on ...
The Monetary Committee reduces the interest rate for March 2015 by 0.15 percentage points to 0.1 percent
February 24th, 2015
The main considerations behind the decision The decision to reduce the interest rate for March 2015 by 0.15 percentage points, to 0.10 percent is consistent with the Bank of Israel’s monetary policy, which is intended to return the inflation ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Are Conditions Setting The Market Up For A Summer Washout?
February 24th, 2015
Here is what we can quite confidently depend on. The stock market makes most of its gains each year in a favorable period of November to May, and if there is a serious correction it usually takes place between ...
Big Banks Face Scrutiny Over Pricing of Metals
February 24th, 2015
U.S. Justice Department investigates price-setting process for gold, silver, platinum and palladium U.S. officials are investigating at least 10 major banks for possible rigging of precious-metals markets, even though European regulators dropped a similar probe after finding no evidence ...
Asia Stocks Climb With Dollar Before Yellen, Greek Talks
February 24th, 2015
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...
A Greek Drama Draws In the Obama Administration, Again
February 20th, 2015
President Barack Obama and his team may be suffering from Greek financial-crisis déjà vu. In 2010, and again in 2012, Mr. Obama and top officials in his administration worried that Greece’s debt woes could fracture the eurozone, knock down an ...
Investors Still Don’t Think Greece Will Exit the Euro
February 20th, 2015
As Greece heads toward 11th-hour funding talks with its euro-area membership on the line, bondholders are surprisingly sanguine about its failure so far to secure a deal. Forget the strategists at Commerzbank AG who say there’s a 50 percent ...
