Esteemed Customers, As we prepare to embark ourselves onto the new year, we look back at the challenges and success this year has brought and we are excited to provide you with a taster of what we have in store for you in 2016: The Computime BRSANALYTICS team is in the final stages on [...]
The Federal Reserve’s first interest-rate rise in nine years sent the dollar slightly higher, but has done little to aid the European Central Bank’s apparent bid to weaken the euro materially. The dollar rose 0.5% against the euro Thursday, building on a small gain after the Fed announced Wednesday that it will increase rates from near zero to between [...]
"The tools we have deployed since June 2014 are producing the intended effects," said Mario Draghi in a speech in Bologna today. "Following the recalibration of our instruments decided by the Governing Council earlier this month, the ECB expects inflation to return to its objective without undue delay. The President also said that if [...]
New Depositor Compensation Scheme Regulations transposing Directive 2014/49/EU published On 4 December 2015, Legal Notice 383 of 2015 has been published in the Government Gazette. This Legal Notice, which replaces Legal Notice 369 of 2003, transposes Directive 2014/49/EU, the Recast Depositor Guarantee Schemes Directive. Click here for LN 383 of [...]
The ECB is changing the publication time of the euro foreign exchange reference rates (ECB reference rates) from around 14:30 CET to around 16:00 CET as of 1 July 2016. The ECB reference rates will continue to be determined using the current methodology, which is based on a point-in-time snapshot at 14:15 CET. The [...]
The European Central Bank (ECB) is today publishing its 13th report on the results of the “Survey on the Access to Finance of Enterprises”. The report provides evidence on changes in the financial situation, financing needs and access to financing of small and medium-sized enterprises (SMEs) in the euro area in the six months [...]
The head of the European Central Bank underlined on Thursday the bank's readiness to extend money printing, warning that a key measure of economic health -- price inflation -- was flagging. In remarks to European Union lawmakers, Mario Draghi also defended private meetings between policy setters and banks and hedge funds, such as executive [...]
The European Central Bank (ECB) said on Wednesday it would temporarily pause its massive bond-buying program between December 22 and January 1, resuming the purchases on January 4. The move is "in anticipation of lower market liquidity during this period and in order to reduce possible market distortions". Carlos Fuchs | CNBC The bank, [...]
European banks are sitting on bad debts of €1tn – the equivalent to the GDP of Spain – which is holding back their profitability and ability to lend to high street customers and businesses. According to a detailed analysis of 105 banks across 21 countries in the European Union conducted by the European Banking Authority (EBA), [...]
Mr Cœuré reviewed recent financial market developments. Since the Governing Council’s previous monetary policy meeting on 2-3 September 2015, the main event for market participants had been a postponement of the expected first rate hike in the United States, following the last Federal Open Market Committee (FOMC) meeting on 16-17 September. This had reverberated [...]