© Reuters. By Huw Jones LONDON (Reuters) – It should be for clients to decide where they clear euro derivatives, though customers are ready to move business from London to Frankfurt if forced to by the European Union, bankers said on Wednesday. The London Stock Exchange’s LCH unit clears more than 90% of euro-denominated interest…
© Reuters. FILE PHOTO: Shipping containers are seen behind fencing in the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi/File Photo By Julie Gordon and Fergal Smith OTTAWA (Reuters) – The Bank of Canada has expressed concern about the strong dollar hurting exports, but soaring demand for commodities and a looming…
© Reuters. By Geoffrey Smith Investing.com — A fresh Chinese clampdown sends cryptocurrencies tumbling. The Federal Reserve releases the minutes of its latest policy meeting. Inflation data from around the world show price gains accelerating. Target , TJX and Lowe’s (NYSE:LOW) shed more light on domestic retail strength, and oil prices tumble on reports of progress…
© Reuters. FILE PHOTO: Governor of the Bank of France Francois Villeroy de Galhau speaks during a news conference at the G7 finance ministers and central bank governors meeting in Chantilly, near Paris, France, July 18, 2019. REUTERS/Pascal Rossignol PARIS (Reuters) – European Central Bank policymaker Francois Villeroy de Galhau said on Tuesday that he…
© Reuters. FILE PHOTO: A man counts notes after receiving the new Sudanese currency at a central bank branch in Khartoum July 24, 2011. REUTERS/ Mohamed Nureldin Abdallah/File Photo PARIS (Reuters) – Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris…
© Reuters. FILE PHOTO: U.S. President Joe Biden leaves after speaking about the coronavirus disease (COVID-19) response and the vaccination program from the Rose Garden of the White House in Washington, U.S., May 13, 2021. REUTERS/Kevin Lamarque By Howard Schneider and Jarrett Renshaw WASHINGTON (Reuters) – High unemployment. Rising prices. Gas lines. They’re a bad…
5/5 © Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song/File Photo 2/5 By Stella Qiu and Kevin Yao BEIJING (Reuters) -A metal coatings plant in China’s manufacturing hub has been hit by price increases of up to 30% for raw materials including steel, aluminium,…
© Reuters. FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks at the Commonwealth Club in San Francisco, U.S., October 11, 2019. REUTERS/Ann Saphir By Ann Saphir (Reuters) -Dallas Federal Reserve President Robert Kaplan on Friday raised the prospect of a worrisome rise in U.S. inflation expectations, as imbalances between supply and demand for…
© Reuters. FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration By Kate Duguid NEW YORK (Reuters) -The dollar edged lower against major currencies on Friday after U.S. retail sales unexpectedly stalled in April and as concerns about prospects of accelerating…
© Reuters. BBVA bank logo is pictured in Bogota, Colombia February 14, 2020. REUTERS/Luisa Gonzalez By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve said on Friday it had approved the acquisition of the U.S. operations of Spanish lender BBVA (MC:BBVA) by PNC Financial Services Group Inc (NYSE:PNC), clearing the way for a deal…
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