Search Results for: National Statistics
Euro Area Investment Fund Statistics: December 2014
February 19th, 2015
19 February 2015 – Financial statements of the ECB for 2014 ECB’s net profit for 2014: €989 million (2013: €1,440 million) Net interest income from the Securities Markets Programme: €728 million (2013: €962 million) Interest income on banknotes: €126 ...
Baker Tilly International Reports 5% Increase In Global Revenues
February 2nd, 2015
Baker Tilly International has reported annual revenues of US$3.6bn for the financial year ending 30 June 2014, a year-on-year increase of 5%. The network’s ranking has been maintained as the world’s 8th largest accounting and business advisory network. Commenting ...
Canada’s international transactions in securities
May 16th, 2014
Canadian investors acquired $7.9 billion of foreign securities in March, the largest such outflow of funds since November 2012. Meanwhile, foreign investors reduced their holdings of Canadian securities by $1.2 billion, the first monthly divestment this year. This activity ...
Canadian international merchandise trade, March 2014
May 6th, 2014
Canada Statistics has issued the following data: Canada’s merchandise exports declined 1.4% in March, while imports edged up 0.4%. As a result, Canada’s trade surplus with the world narrowed from $847 million in February to $79 million in March. ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
The pound pushed higher on Monday
March 29th, 2021
The pound pushed higher on Monday as the UK’s vaccine rollout programme steamed ahead and the economy started to reopen under prime minister Boris Johnson’s roadmap out of lockdown. Sterling was 0.4% up against the dollar at €1.3844 and ...
The Eurozone’s financial disintegration
July 31st, 2020
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national central banks in the Eurozone. Other than minor differences reflecting ...
The pound’s future in a dollar collapse
July 28th, 2020
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling. Sterling is exceptionally vulnerable to ...
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
Sterling rebounds on data surprise, Brexit hopes
September 9th, 2019
Sterling rebounded from early lows on Monday and headed toward a five-week high on Monday as surprisingly strong data and growing optimism that Britain will not crash out of the European Union without a deal boosted demand for the ...
