France, Germany to unveil eurozone reforms in March

Germany and France will offer their joint vision for reforming the eurozone by March, German Chancellor Angela Merkel said on Friday, in an effort to bridge divisions over the future of the single currency. Meeting without departure-bound Britain, the bloc’s 27 leaders were tasked by EU President Donald Tusk to speak freely about their often clashing… Please follow and like us:

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Investors look to 2018 for increased growth as the IPO market returns to pre-crisis level highs in 2017

– By deal number, 2017 is the most active year for global IPOs since 2007- IPO activity in all regions up double digits; Asia-Pacific dominates global activity- 2018 outlook: IPO activity levels expected to rise with a busy year ahead and mega deals on the horizon LONDON, Dec. 12, 2017 /PRNewswire/ — Global IPO activity surged… Please follow and like us:

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Forex Investors Buzz Week Ahead Dec 11 – 15

Forex Investors Buzz Week Ahead Dec 11 – 15 Bank of England will be deciding on monetary policy ECB will deliver its latest monetary policy decision Japan, analysts are eyeing Tankan’s quarterly business condition Next week, the most important event will be the Fed monetary policy decision. The ECB and the Bank of England will also… Please follow and like us:

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Net Investment Flows Turn Positive As Growth Picks Up

Nearly ten years on from the start of the financial crisis and it looks as if the recovery is well and truly here. According to Bloomberg, the second quarter was the best earnings season for US companies in 13 years, with more than three-quarters of the Standard & Poor’s 500 member companies beating analyst expectations. Even… Please follow and like us:

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A Record Number Of Investors Are Exposed To “Higher Than Normal Risk”

With the stock market coming into November with another strong gain for the S&P 500 – the market was up for the statistically improbable 12 th month in a row in October – investors are becoming aware of the increased risk exposure. According to a Bank of America Merrill Lynch Global Fund Manager Survey released Tuesday,… Please follow and like us:

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EUROPE – French banks posted ‘multi-billion euro profits’ in tax havens

The Eurozone’s 20 biggest banks earned over a quarter of their profits in tax havens in 2015, according to a report released Monday by Oxfam. The report details how, in 2015, top Eurozone banks generated €25 billion in profits in low-tax territories like the Republic of Ireland, Luxembourg, the Cayman Islands and the American state of… Please follow and like us:

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Loonie falls sharply on GDP miss; pound boosted on Barnier; Eurozone readings mixed

Loonie falls sharply The Canadian dollar lost ground versus its US counterpart as GDP figures unexpectedly reflected a contraction in the Canadian economy. Eurozone data on inflation, economic growth and unemployment out during today’s session gave a mixed picture. The pound moved higher after some comments by Michel Barnier, the EU’s chief Brexit negotiator, which suggested… Please follow and like us:

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Moody’s Warns That European Banks Are “Vulnerable” As Draghi Scales Back ECB Program

Today the European Central Bank announced that it would scale down its giant bond-buying program while extending it deep into 2018. This gradual taper is designed to put the region on a path to higher interest rates, and the economic recovery gathers pace without spooking markets. Get The Timeless Reading eBook in PDF Get the entire… Please follow and like us:

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Central bankers bet weak inflation won’t last forever

The European Central Bank expects a pickup in inflation even though wages have remained weak during the current economic recovery, its vice president, Vitor Constancio, said Sunday. Constancio was joined in Washington by other central bank leaders, who likewise said they expected inflation to rise at some point despite its perplexing weakness across advanced economies. “The… Please follow and like us:

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IMF raises global growth forecasts, calls for reforms

The International Monetary Fund on Tuesday bumped up its global growth forecasts, saying an upswing in the world economy would likely gather pace into next year. But the global crisis lender called on governments to strike while the iron was hot, saying dangers for the current recovery lurked on the horizon and ambitious reforms were necessary… Please follow and like us:

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Strong euro no problem while economy grows: ECB

The European Central Bank believes its long-term support to the eurozone economy will overcome the strong euro’s braking effect on inflation, board member Benoit Coeure said Monday. Compared with previous central bank interventions, monetary policy “will remain more accommodative for longer,” Coeure told a Frankfurt conference, compensating for the impact of the euro’s appreciation. The ECB’s… Please follow and like us:

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Real rates in a -2.5% deep hole in Germany

Francesco Filia – Measuring the Bond Bubble A key conviction of ours is that we live through a Twin Bubble in asset markets: an Equity Bubble, particularly in the US, and a Bond Bubble, particularly in Europe. We know how we got here: the irresistible push of 10 years of massive passive public flows by major… Please follow and like us:

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Euro holds gains on bets for ECB tightening but stocks mixed

The euro held its gains on Monday as traders bet the European Central Bank will start to wind down its crisis-era stimulus programme, while lower expectations for further tightening in the United States weighed on the dollar. While ECB boss Mario Draghi made no mention of the bank’s plans for its bond-buying scheme at a much-anticipated… Please follow and like us:

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Italy sees GDP growth at six-year high, but is still eurozone laggard

Rome (dpa) – Italy is experiencing its best growth rates in six years, but the eurozone’s third-largest economy is still lagging behind most of its peers. On a quarterly basis, gross domestic product (GDP) expanded by 0.4 per cent in April-June, while year-on-year growth reached 1.5 per cent, national statistics institute Istat reported Wednesday. The 1.5-per-cent… Please follow and like us:

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US Losing Heft In Global Economy: IMF

Six months after President Donald Trump assumed office, the economic heft of the United States is already diminishing. Several experts predicted better economic growth for the country under the Republican administration and the International Monetary Fund too began the year on optimistic note. The IMF predicted Trump’s ascension as the US president would trigger a fiscal… Please follow and like us:

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