Thursday, Sep 19, 2024

International Finance

Tag : euro

Business Leaders

Greek exit is cause for concern

International Finance Desk
by International Finance Desk
Ignore the spectacle at your own peril, investors warned Nigel Green June 18, 2015: The Greek government seems determined to leave the euro – and investors should not ignore the noise coming from Athens. However, a properly diversified global investor has the least to fear. The European Commission is braced for a “state of emergency”...
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Economy

ECB’s quantitative easing: Blessing or curse?

International Finance Desk
by International Finance Desk
TeleTrade believes that the decision will delay economic reforms by Eurozone members February 3, 2015: The European Central Bank (ECB) on January 22 said that it will expand its asset purchase programme to €60 billion a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over €1.1 trillion....
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Fintech

CHF freed, SNB caps losses

International Finance Desk
by International Finance Desk
Mario Singh But,what next for the Swiss franc and the country’s economy January 22, 2015: On January 15, the Swiss National Bank (SNB) shocked the capital markets by unexpectedly removing the EUR/CHF peg set at 1.20. The move caught many offguard and sent the Swiss Franc (CHF) into the stratosphere, rising about 40% in a...
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Economy

Germany’s trade surplus widens, but exports fall

International Finance Desk
by International Finance Desk
Euro zone’s largest economy also sees manufacturing turnover fall 1.9 percent in May, reports Team IFM Wiesbaden, July 14: Germany saw both exports and imports falling in May compared to the preceding month, with the turnover of the manufacturing sector too taking a tumble, official data released on Tuesday showed, reflecting a slowdown and endorsing...
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Economy

Germany’s industrial production plummets in May

International Finance Desk
by International Finance Desk
Latest official data reflect grim tidings of independent reports that said business conditions were less rosy than painted, reports Team IFM Wiesbaden, July 10, 2014: Germany, the Euro zone’s largest economy, saw its industrial production go down at its quickest clip in two years in May, challenging government claims that the economy was fast on...
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Economy

U.S. Economy Suffered its First Contraction in Three Years

International Finance Desk
by International Finance Desk
U.S. economy contracted more than expected in the first quarter of the year, leading to the dollar’s weakening against most major currencies. 4th June 2014 The highlight of the week ending May 31, 2014, was the release of downbeat data on U.S. gross domestic product, revealing that the economy contracted more than expected in the...
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