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Currency News

Oil price boom and weaker euro propel Ineos profits

30 Mar 2018 15:11Telegraph.co.uk
Britain's biggest privately owned firm has announced surging profits on the back of the oil price boom. Profits at Ineos, the chemicals giant owned by billionaire industrialist Jim Ratcliffe, grew almost 50pc last year as the global oil price recovery ... more

2024 Paris Olympics: Risk of 500mn euro budget overspend

30 Mar 2018 08:52RFI
This warning comes just six months after Paris was chosen to be the host of the 2024 Olympics. This overspend was reported by government experts, who said the building projects could exceed forecasts by half a billion euros on a total planned budget of ... more

European funds buy bonds, see euro growth cycle peak: Reuters poll

29 Mar 2018 06:26Reuters
Accordingly, the share of euro zone stocks in equity portfolios slipped to 29.7 percent - the second-lowest level since November 2014, poll data showed. more

What Will The Euro Do In 2018?

23 Dec 2017 03:56Seeking Alpha
Growth will likely be more moderate in 2018 as further interest rate rises could harm growth in the eurozone. With that said, I do not see the Catalonia issue as being material for this currency. more

Wall Street wanes ahead of holiday; Catalan vote hits euro, Spanish stocks

21 Dec 2017 19:20Reuters
Wall Street wanes ahead of holiday; Catalan vote hits euro, Spanish stocks. Laila Kearney. 5 Min Read. NEW YORK (Reuters) - Major global stock indexes slipped on Friday in light pre-holiday trade, exacerbated by weakness in several blue-chip companies ... more

Euro zone wages are rising more slowly than the ECB had hoped, Draghi says

14 Oct 2017 13:56CNBC
ECB President Mario Draghi said Saturday that wages in the euro zone are rising slower than the ECB had hoped. Slack in the labor market persists and workers are more interested in security than rising wages, Draghi said. more

Euro's rapid appreciation another signal of Europe's recovery

14 Oct 2017 10:07The National (blog)
Europe's economic recovery remains on track with the upswing continuing to broaden across countries and sectors. European equity markets have returned over 20 per cent this year in US dollar terms but only half of that in euro terms, with the index ... more

The Euro Zone: What's Next

28 Sep 2017 08:30International Monetary Fund
Good morning ladies and gentlemen. It's a pleasure to be here with you today. Thank you to the FT for the invitation. I will primarily take the opportunity to share with you our view on some of the key issues facing the Euro Zone at this time. The ... more
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