Markets

The UK, German and Italian economies are all tanking at the same time

Three of Europe’s largest economies are under threat of recession, which could spell a currency crisis across Europe. Dozens of companies in Germany have turned to “short-time” work – cutting employee hours – a canary in the coal mine of industrial weakness Britain could also already be in a recession […]
The UK, German and Italian economies are all tanking at the same time
Markets

The dollar is falling after Trump slammed the Fed again

The US dollar is falling on Tuesday morning. The slide comes after Trump said he was “not thrilled” with the Fed raising interest rates. You can follow live currency movements on Markets Insider. LONDON – The dollar is falling against the pound and euro on Tuesday morning after US President […]
The dollar is falling after Trump slammed the Fed again
Markets

The pound continues to dive after dollar ‘sucker punch’

UK GDP estimates in-line: a quarterly growth of 0.4% and annual growth of 1.3%. The figures failed to revive the pound, which hit a fresh year low against the dollar on Friday morning. Sterling is suffering from “no deal” Brexit fears and a strong dollar. LONDON – In line UK […]
The pound continues to dive after dollar ‘sucker punch’
News

These 3 men hold the future of the euro in their hands

After months of wrangling and a week of crisis, Italy finally has a government. Three men are key to this government – Prime Minister Giuseppe Conte, Five Star Movement leader Luigi Di Maio, and Lega Nord chief Matteo Salvini. The men now arguably have the fate of the eurozone in […]
These 3 men hold the future of the euro in their hands
Markets

The euro is bouncing back but analysts say it won’t last

The euro has bounced back against the dollar on Wednesday but analysts say the rally is unlikely to last. The ongoing Italian crisis and Trump’s announcement of $US50 billion in fresh tariffs against China will likely keep investors away from the euro. LONDON – The euro is bouncing back on […]
The euro is bouncing back but analysts say it won’t last
Markets

Markets are bouncing back as fears over Italy’s political crisis subside

European markets are bouncing back on Wednesday after being routed by Italy’s political crisis on Tuesday. Global market turbulence reached Asia overnight, with major Asian stock indexes losing substantial ground. You can follow the latest developments at Markets Insider. LONDON – European stocks are bouncing back on Wednesday, having taken […]
Markets are bouncing back as fears over Italy’s political crisis subside
Markets

The euro is sliding amid political uncertainty in Italy

The euro was down more than 0.5% versus the dollar early Tuesday. A tumultous political scene in Italy is rattling the currency. Follow the euro in real time here. The euro fell against the dollar on Tuesday as political uncertainty in Italy roiled markets. The euro had shed more than […]
The euro is sliding amid political uncertainty in Italy
News

The euro is at its highest level in more than 3 years

Euro climbs above 1.22 against the dollar on Monday morning. This marks its highest level since late 2014. The single currency is benefitting from positive talks in Germany about the formation of a new coalition government. LONDON – The euro has climbed to its highest level in more than three […]
The euro is at its highest level in more than 3 years
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