Stocks in London Feel the pain as economy shrinks
UK stocks fell on Wednesday after data showed the economy contracted in March at a pace never seen before as the coronavirus crisis escalated,...
$200 million lost in one day in Gold Market by HSBC
HSBC Holdings Plc lost around $200 million in one day in March because of disruptions to the gold market that caused prices to diverge dramatically in key trading hubs,...
Shockwaves As EU’s top judges failed to properly scrutinise the European Central Bank’
Germany’s constitutional court sent shockwaves through Europe last week by ruling that the German government and the EU’s top judges failed to properly scrutinise...
European investment dive raises fears for future growth
Investment in the eurozone has plummeted in recent weeks, creating a drag on the continent’s economy that economists warn is likely to last even...
Why Central banks aren’t rescuing markets
An unprecedented intervention by central banks has helped markets back away from a cliff edge. Now, as the economic pain from global shutdowns intensifies, policymakers are...
Global stocks falter as investors lose faith in potential coronavirus treatment
Global stocks slumped Friday as investors lost faith that a potential coronavirus treatment would soon prove effective.
European stocks fell in early trading, following markets...
South Africa calls for $25bn financial stimulus through IMF
South Africa’s president Cyril Ramaphosa unveiled fiscal spending worth a tenth of the country’s output, including a first ever request for an IMF loan,...
Dollar’s long-term prospects turn sour
The US dollar is heading for a drop towards the end of this year, according to strategists, in what would mark a reversal from...
Blackrock CIO Rick Rieder -Central Banks Will Debase Everything To Spark Inflation
Blackrock's Chief Investment Officer, Rick Rieder, best known perhaps for recently suggesting that the ECB should monetize stocks, writes in the Blackrock blog today...
Renewed Interest In British Equity funds
Investors have put money into UK equities for the first time in almost three months for the week ending Wednesday, as tumult in Westminster...
Deutsche Bank Downgraded By Fitch Due To Unstable Trading
Deutsch Bank Ag credit rating was cut by Fitch Ratings, which cited the firm’s lack of progress in improving operations.
The bank’s long-term issuer default...
Investors Absorb Up Italian Debt Despite European Commission
Experimental feature Report a mispronounced word Investors shrugged off political wrangling between the Italian government and the European Commission on Thursday, as auctions for...
