Search Results for: International Monetary Fund
China’s Stocks Head for Biggest Weekly Gain in Three Years
November 28th, 2014
China’s benchmark stock index headed for its biggest weekly advance in three years on optimism a slide in oil prices will reduce costs for transport companies and the central bank may continue to loosen monetary policy. China Everbright Bank ...
Bitcoin Needs an Aggressive Legal Defense
November 25th, 2014
Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared. ...
Interview with Benoît Cœuré, ECB
November 10th, 2014
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...
BRICS, banking on development
September 11th, 2014
The creation of the BRICS New Development Bank (NDB) to finance infrastructure and sustainable development projects in emerging economies is a landmark achievement. Developing nations have lost faith in the current system with its strict conditions on development finance ...
Australia 200 – Consolidates Under Six Year High Around 5620
August 26th, 2014
Australia 200 for Tuesday, August 26, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. It has ...
USD/HKD remains bullish as HKMA Buys $690 Million
July 28th, 2014
Hong Kong’s de facto central bank bought $690 million on July 25 to defend the city’s 31-year-old peg to the U.S. dollar as it expects demand for the local currency to continue. “Having regard to the on-going listings, mergers ...
Gold Posts Slight Gains on Ukraine Plane Crash, Gaza Hostilites
July 21st, 2014
Gold prices have moved slightly higher on Monday, as fighting rages in Gaza and tensions increase in Ukraine. In the European session, the spot price stands at $1316.03 per ounce. On the release front, there are no US releases ...
Japan Leads Global Volatility Decline to Seven-Year Low
July 15th, 2014
Across global stock markets, nowhere is calm descending faster than in Japan. The Nikkei Stock Average Volatility Index, which tracks the cost of options on the Nikkei 225 (NKY) Stock Average, tumbled 33 percent this year to 15.3 yesterday, ...
Industrial Production Drops in Eurozone
July 14th, 2014
Industrial production in the eurozone slipped in May, according to data published on Monday, reinforcing concern that a tentative economic recovery is already stalling. Factory output fell 1.1 percent in the 18 countries of the currency bloc compared with ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
