UBS Charges Customers To Deposit Euros
The annual 0.6% charge will take affect from May. Swiss bank UBS will start charging customers who deposit more than ...
Tag: European Central Bank
Exploding Letter ‘injures One’ At IMF Office In Paris
A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris, ...
Global Stocks, Dollar Up Slightly As Pivotal Week For Markets Gets Underway
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day ...
At the Fed, Spring Comes Early With Return To New ‘normal’
U. S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation is nearing the Federal ...
Stocks Rise As U.S. Jobs Data Points To Rate Hike; Crude Slips
Crude oil resumed a sharp decline and global equity markets rose on Friday after a robust U. S. jobs report ...
Dollar Rises, Global Stocks Hold Highs On March Fed Rate Hike Bets
European stocks held near 15-month highs and the dollar strengthened against other top global currencies on Thursday on growing expectations ...
Germany’s Deputy Finance Minister
Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy ...
World Stocks Lose Momentum After Record-Breaking Week
Global equity markets were set to end the week on a softer footing on Friday, after setting record highs in ...
World Stocks Ride To Record High, Dollar Retreats
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that ...
Negative Return On Oil Cash Investment
IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an ...
Dollar Heads For Fourth Weekly Fall Ahead of Payrolls
The dollar inched fractionally higher on Friday, as it limped toward U. S. jobs data facing its fourth straight weekly ...
Brazil’s Locomotive Breath
Abstract The Brazilian ‘locomotive’ has stopped. Oil production has been one of crucial drives in fostering not only economic but ...
An Imminent Financial Peril??
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” ...
Greece Passes Pension Deal In Defiance of Bailout Creditors
The Greek parliament has defied the international creditors providing Athens' bailout funds and voted through a one-off payment to pensioners. ...
Italian Bank Stocks Slump After Defeated Renzi Resigns
The euro swung wildly against the dollar and bank stocks in Italy slumped as the country appeared headed for a ...
Euro Falls As Italian Leader Quits Over Referendum
The euro fell against the dollar and investors braced for a bumpy ride on Monday as Italy appeared headed for ...
Bonds Sell-Off Continues As Investors Bet On Rate Rise
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a ...
Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S. interest rates ...
Eurozone Lifts Growth View For 2016 But Cuts 2017’s
The European Union yesterday edged up its eurozone growth forecast for this year but trimmed it for 2017, warning that ...
Euro Founding Father Otmar Issing Warns About Project’s Future
A founding father of monetary union has given a damning assessment of the euro bloc, saying that not incorporating an ...