Search Results for: oil
European stocks traded cautiously higher on Friday; These are the stocks on the move
January 10th, 2020
European stocks traded cautiously higher on Friday as world markets rally on the back of easing tensions in the Middle East. The pan-European Stoxx 600 had inched up 0.1% by the afternoon, with travel and leisure stocks surging 1.3% ...
UPDATE: European stocks recovered some of their early losses
December 10th, 2019
European stocks recovered some of their early losses on Tuesday after a report that the U.S. will delay implementing the additional tariffs on Chinese goods scheduled for December 15. The pan-European Stoxx 600 pared early losses but was still ...
France to test its Central Bank digital currency in Q1 2020: Official
December 5th, 2019
The central bank of France plans to pilot a central bank digital currency (CBDC) for financial institutions in 2020. François Villeroy de Galhau, the governor of the Bank of France, announced that the bank will start testing the digital ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
European shares set to drift lower on growth concerns
November 14th, 2019
European stocks may drift lower at open on Thursday as weaker-than-expected economic data from China and Japan stoked worries that a global slowdown is deepening. China reported unexpectedly weak data, with industrial output and retail sales growth coming in ...
Russia plans another move out of Dollar, into Euro, Yuan
November 13th, 2019
Russia is planning to cut the dollar’s share in its $125 billion sovereign-wealth fund, following a major move last year out of U.S. assets by the central bank. “Geopolitical risks are one of the key factors for changing the ...
Most Asian currencies inch up
October 25th, 2019
Most Asian currencies edged up on Thursday ahead of central bank policy meetings and in the absence of new signals or developments in the Sino-US trade war and the Brexit saga. Indonesia’s central bank is widely expected to cut ...
An Inflationary Depression
October 4th, 2019
Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest ...
Pound Sterling plunges on Brexit uncertainty
September 26th, 2019
“The pound has fallen below $1.24 on Brexit uncertainties, more than offsetting initial gains following the Supreme Court ruling.” Lloyds The Pound to Euro exchange rate is +0.04% higher @ €1.12899 on 26.09.2019 The Pound to US Dollar exchange ...
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
