Traders on the New York Stock Exchange Potential interest rate hikes are weighing on the markets. (Photo: IMAGO/UPI Photo) Frankfurt, Düsseldorf It’s a shock that the markets will probably need some time to digest. After the US Federal Reserve and the European Central Bank made it unmistakably clear at the weekend that they would continue … Read more
euros and US dollars For the first time since October 2002, the two currencies are worth the same again. (Photo: dpa) Frankfurt, New York It’s a historic date: on Tuesday morning, the euro briefly fell to par with the US dollar. The last time the common currency was this weak was almost two decades ago … Read more
Original title: Gold closed: Gold fell below the $1,800 mark in intraday trading, hitting a new low since February, and silver continued to hit a new low in nearly two years According to news from the financial world on July 2, concerns about the economic recession hurting the demand for industrial metals put pressure on … Read more
Traders on the New York Stock Exchange The threat of an economic downturn is not over yet. (Photo: Reuters) Frankfurt Encouraging corporate balance sheets only briefly lured investors back to Wall Street. The Dow Jones initially rose at the opening on Wednesday, but then turned negative and was listed at 32,850 points. Also the S&P … Read more
Lhe “STP AWARD” instituted by Commerzbank, one of the largest nancial and banking institutions present in more than 50 countries in the world, rewards each year the leading banks which offer the best quality of service in the processing of nancial transactions and internationally, complying with international standards in terms of treatment and respect for … Read more
An this Thursday, an extraordinary meeting of the European Central Bank (ECB) is on the agenda: The central bank actually wanted to announce the tightening or, as it says itself, the “normalization” of its monetary policy on this day. On this day there should be new forecasts for the medium-term development of inflation, on which … Read more