Search Results for: Fed
Dollar steady against the euro and a basket of major currencies
August 28th, 2018
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement ...
Individual and a Company fined in virtual currencies fraud
August 27th, 2018
A New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and ...
Asian stocks advanced, yen to dollar rose; Key financial events coming up this week
August 27th, 2018
Asian stocks gained at the start of the week following a fresh all-time high in their U.S. counterparts Friday, as the Federal Reserve reaffirmed a slow and gradual pace of policy tightening. The dollar ticked lower and the yen ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
Hard Brexit would bring VAT sign-up headache for EU sellers
August 20th, 2018
European Union-based vendors who use platforms like eBay Inc. and Amazon.com Inc. to sell goods into the U.K. face a compliance headache in the event of a hard Brexit, as they would need to register for value-added tax. A ...
Most Asian equities gained on Monday, Yen to Dollar little changed; Key events coming up this week
August 20th, 2018
Most Asian equities gained on Monday as traders held out hopes about developments in the trade war and ahead of a meeting of central bankers later in the week that may throw up clues on the outlook for markets. ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
Record high of £14.6bn paid in corporation tax by UK financial services sector
August 14th, 2018
A record high of £14.6bn of corporation tax (includes Bank Levy), was paid by the financial services sector in the UK last year, up 24% from the £11.8bn paid in the previous year (2015-16), says Moore Stephens, the Top ...
The Court of Justice of the European Union delivers landmark copyright ruling
August 10th, 2018
The posting on a website of a photograph that was freely accessible on another website with the consent of the author requires a new authorisation by that author Mr Dirk Renckhoff, a photographer, authorised the operators of a travel ...
