Edition:
United Kingdom

Thyagaraju Adinarayan

Euro zone bank share meltdown brings prices to brink of 1980s

15 Aug 2019

LONDON Negative interest rates, toppling bond yields, greater regulation and rising recession signals have wiped out most of the value of European banks, with their shares now at meltdown prices approaching the days of the Berlin Wall.

Bitcoin as a safe haven? More a speculative bet, market players say

06 Aug 2019

LONDON Bitcoin's recent gains as stocks plummeted on U.S.-China trade tensions reflect not so much its safe-haven credentials but its potential for quick gains, cryptocurrency and foreign exchange traders said on Tuesday.

Asset managers farm out trading as costs and complexity climb

06 Aug 2019

LONDON It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah.

RPT-INSIGHT-Asset managers farm out trading as costs and complexity climb

06 Aug 2019

LONDON, Aug 6 It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah.

Taking stock: Swiss franc intervention seeps far and wide

25 Jul 2019

LONDON Four-and-a-half years after the Swiss National Bank dramatically lifted the franc's cap against the euro, markets are betting the central bank may be forced to resume its accumulation of foreign cash yet again to rein in its supercharged currency.

RPT-GRAPHIC-Taking stock: Swiss franc intervention seeps far and wide

25 Jul 2019

LONDON, July 24 Four-and-a-half years after the Swiss National Bank dramatically lifted the franc's cap against the euro, markets are betting the central bank may be forced to resume its accumulation of foreign cash yet again to rein in its supercharged currency.

Make or break: second-quarter results will test Europe's confidence

12 Jul 2019

(Refiles this July 11 story to remove superfluous word in first paragraph.)

Equity outflows total $15.1 billion amid caution over U.S.-China trade talks

04 Jul 2019

LONDON Investors pulled $15.1 billion from equity funds after near record selling in the United States ahead of the G20 Summit, and piled $6.3 billion into bonds in the four trading days to July 2, Bank of America Merrill Lynch (BAML) said on Thursday.

Lagarde ECB pick triggers euro-zone share rally as investors chase yield

03 Jul 2019

Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB's dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat.

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