ECB, IMF call on climate standard setters to align company disclosures

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 8 (Reuters) – A global standard setter for company climate disclosures should align with European and US alternatives for easier implementation across jurisdictions and to … Read more

Market Theme: 5 world market themes for the week ahead

A likely second straight 75 basis point rate hike from the US Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America and Europe. The prospect of early elections in Italy after the collapse of the government means there’s plenty of political … Read more

Wildfires: Europe’s latest economic headache

Blazes damage forests and livelihoods across Europe Climate risks could wipe 4 pct off Europe’s GDP by 2030. Europe under pressure to prevent as well as douse fires Summer wildfires just a ‘preview’ of future, expert says. ATHENS, July 22 (Reuters) – When the blaze tore through a forest in Greece last August, swallowing up … Read more

‘A very big deal’: What market observers are saying about the ECB’s rate hike

The European Central Bank raised interest rates by more than expected on Thursday, confirming that concerns about runaway inflation trump economic growth considerations for now. The ECB raised its benchmark deposit rate by 50 basis points to 0%, breaking its own earlier guidance for a 25 bps move as it joined global peers in jacking … Read more

Analysis: ‘Big Bang 2.0’ up in smoke as Britain’s finance law reforms underwhelm industry

Law empowers regulators to design divergent rules in future Some key changes echo moves already taken by European Union Crisis-era bank taxes, capital demands left unchanged LONDON, July 20 (Reuters) – Britain’s reform of post -Brexit financial services is more about catching up with rivals than unleashing a ‘Big Bang 2.0’ as it sidesteps calls … Read more

There are two ways to dig into a company’s dividend history

I’m interested in investing in strong, reliable dividend-paying companies. How do I find out the history of a company’s dividend payments? You can do one of two things: Get the information directly from the company’s website, or use a third-party site such as Globeinvestor.com. Let’s take BCE Inc. BCE-T as an example, starting with how … Read more

EURUSD Price remains anxious above 1.0000 ahead of US Retail Sales and Michigan CSI

EURUSD seems less confident above 1.0000 as investors expected higher US Retail Sales. A subdued US Michigan CSI data may put some pressure on the DXY. Testing waters approach by the ECB may widen Fed-ECB policy divergence. EURUSD price is displaying topsy-turvy moves in the Asian session. The pair has auctioned in a narrow range … Read more

Bank of Canada makes a splash with developed economies’ first 100 pointer

July 13 (Reuters) – The Bank of Canada on Wednesday delivered the first 100-basis-point rate increase among the world’s advanced economies in the current policy-tightening cycle as officials there eyeballed “higher and more persistent” inflation. read more In delivering their largest rate increase since 1998, BOC policymakers also noted the increased risk of price increases … Read more

German finance minister’s adviser calls for ECB aid conditions

German Finance Minister Christian Lindner addresses the media during a news conference on budget law for 2023 up to 2026, in Berlin, Germany July 1, 2022. REUTERS/Michele Tantussi Register now for FREE unlimited access to Reuters.com Register BERLIN, July 8 (Reuters) – European Central Bank (ECB) aid to tackle rising government debt yields in some … Read more