LONDON (Reuters) – As cryptocurrencies increasingly go mainstream, pressure is growing on the world’s biggest central banks to move forward with their plans to issue digital cash and fend off private sector threats to traditional money.FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File […]
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LONDON (Reuters) – The safe-haven dollar started the week near two-week lows on Monday, as optimism about COVID-19 vaccine rollouts and a planned $1.9 trillion U.S. stimulus package drove up riskier currencies and stock markets across Europe and Asia.FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationAmong […]
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LONDON (Reuters) – The safe haven dollar started the week pinned near two-week lows on Monday, as optimism about COVID-19 vaccine rollouts and a planned $1.9 trillion U.S. stimulus package drove up riskier currencies and stock markets across Europe and Asia.FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. […]
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FILE PHOTO: The Google logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles PlatiauPARIS (Reuters) – Google Ireland and Google France have agreed to pay a 1.1 million euros ($1.34 million) fine after a probe found that Google’s hotel rankings could be misleading for consumers, France’s finance ministry and fraud watchdog said on Monday. […]
Read moreBEIRUT (Reuters) – Paralysed by financial crisis and riven with political risk, a number of Lebanon’s banks are struggling to meet a central bank target to raise their capital defences by 20% by the end of this month.FILE PHOTO: Lebanon’s central bank is seen closed under a national lockdown imposed to contain the spread of coronavirus, in Beirut, Lebanon March […]
Read more(In para 11, changes the day of the week to Monday from Friday) A look at the day ahead from Julien Ponthus. Time for a break? With Wall Street closed for Presidents Day and Chinese markets shut for the Lunar New Year, a good chunk of global financial markets is indeed taking some time off. Probably a good time to […]
Read moreSYDNEY, Feb 15 (Reuters) – The Australian and New Zealand dollars started the week higher against the greenback on Monday, benefiting from buoyant equity and commodity markets ahead of both countries’ planned coronavirus vaccine rollouts. The Aussie dollar rose 0.23 to $0.7777, well up from this month’s troughs of $0.7564 and $0.7583. It is facing resistance around $0.7785. The kiwi […]
Read more(Adds detail, analysts’ comments) * Q4 GDP -4.2% y/y vs -5.4% in Reuters poll * 2020 GDP -6.1%, weakest in over two decades * Agency cuts 2021 GDP growth outlook to 2.5-3.5% from 3.5-4.5% * 2021 exports seen +5.8% vs +4.2% projected earlier BANGKOK, Feb 15 (Reuters) – Thailand cut its estimate for economic growth this year to 2.5-3.5% after […]
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FILE PHOTO: Oil and gas tankers are anchored off the Marseille harbour, southeastern France, October 27, 2010. REUTERS/Jean-Paul Pelissier/File PhotoTOKYO (Reuters) – Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, raising fears of fresh Middle East […]
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