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Stocks near record highs, pound wavers before election result

3 hours ago NAMEX Comments Off on Stocks near record highs, pound wavers before election result
LONDON (Reuters) – World shares took another run at record highs on Thursday, as the right messages from the U.S. Federal Reserve set traders up for a packed day of central bank meetings and a Brexit-defining election in Britain. FILE PHOTO: People check their mobile phones as they stand outside the entrance of the London Read More

Morning News Call – India, December 10

3 days ago NAMEX Comments Off on Morning News Call – India, December 10
To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 2:30 pm: Chief Economic Advisor Krishnamurthy Subramanian at FICCI’s ARISE Conference in New Delhi. 6:00 pm: Prime Minister's Economic Advisory Council Member Ashima Goyal at NSE-NYU Read More

GLOBAL MARKETS-Stocks whacked as China export decline highlights trade war damage

3 days ago NAMEX Comments Off on GLOBAL MARKETS-Stocks whacked as China export decline highlights trade war damage
* European shares struggle, Wall Street set to open weak * Chinese exports fall, highlight trade war damage * Fed, ECB meet later this week * Sterling shines before Thursday’s election * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh (Updates throughout, releads) By Tommy Wilkes LONDON, Dec 9 (Reuters) – Global equity markets were in Read More

CEE MARKETS-Forint underperforms before November inflation data

3 days ago NAMEX Comments Off on CEE MARKETS-Forint underperforms before November inflation data
BUDAPEST, Dec 9 (Reuters) - The Hungarian forint fell 0.3% versus the euro on Monday, giving back some of its early-December gains, as central Europe's worst-performing currency continued to seesaw between record lows and slightly stronger levels. At 0952 GMT, the forint traded at 331.72 versus the euro, underperforming its regional peers, which were weaker Read More

GRAPHIC-Take Five: Euphoria to despair and back again

6 days ago NAMEX Comments Off on GRAPHIC-Take Five: Euphoria to despair and back again
(Reuters) – 1/ELECTION NIGHT FEVER FILE PHOTO: Passersby are reflected on an electronic board showing the exchange rates between the Japanese yen and the U.S. dollar, the yen against the euro, the yen against the Australian dollar, Dow Jones Industrial Average and other market indices outside a brokerage in Tokyo, Japan, August 6, 2019. REUTERS/Issei Read More

Work on ECB digital currency under way, progress possible next year

1 month ago NAMEX Comments Off on Work on ECB digital currency under way, progress possible next year
BRUSSELS (Reuters) – Progress on the feasibility of a digital currency backed by the European Central Bank could be made in the coming months, senior officials said on Friday, cautioning that the project faced challenges and was for the long term. FILE PHOTO: Small toy figures are seen on representations of the virtual currency before Read More

Alarmed by Libra, EU to look into issuing public digital currency: draft

1 month ago NAMEX Comments Off on Alarmed by Libra, EU to look into issuing public digital currency: draft
BRUSSELS (Reuters) – The European Central Bank should consider issuing a public digital currency, an EU draft document said, after plans by Facebook to introduce a private one met with a hostile response from global regulators. FILE PHOTO: Small toy figures are seen on representations of the virtual currency before the displayed European Union flag Read More