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Protection against post-QE euro stocks swings still cheap
Tue Jun 18, 2013 9:04am EDT * Volatility expected to increase as end of QE3 nears * VSTOXX jumped to more than twice current level after QE2 * Cost of options rise most for June expiry, cheaper later By David Brett LONDON, June 18 (Reuters) - Demand has risen for short-term protection against European share price swings but investors can still insure relatively cheaply against the volatility ...
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Euro zone single supervision launch may face three-month delay
Reuters © Pedestrians walk towards the (L-R) Irish, Greek, Spanish and French national flags outside the European Parliament in Brussels May 3, 2013. REUTERS/Francois ...
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Russia G-8 declaration wont mention Assads fate
ENNISKILLEN, Northern Ireland -; A senior Russian diplomat says the G-8 summit's joint statement on ending the Syrian civil war will not mention whether Bashar Assad must step down from power as part of any peace ...
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Intel chief Lawmakers demanding more info on NSA
WASHINGTON -; The chairman of the House Intelligence Committee said Tuesday lawmakers are worried about the possibility of further disclosures about the government's sweeping electronic surveillance and the impact that could have on efforts to combat ...
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Financials leads UKs FTSE higher
- Britain's top share index rose on Tuesday, aided by broker upgrades for some of its financial heavyweights in cautious trade ahead of a meeting of the US Federal Reserve. The FTSE 100 was up 46.26 points, or 0.7 percent, at 6,376.75 by 12:24 Sa time, with financials, which include banks, asset managers and insurers, contributing 24 points to the advance. HSBC rose 2.2 percent, alone ...
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Easing of Slump Wont Halt Euros Decline
Euro Zone Faces Make-or-Break Summer ) The euro has largely been a story of reverse diversification in foreign currency, he said. The recent fall in emerging market currencies has meant reserve managers are accumulating fewer dollar reserves to diversify into euros, with China making clear that they want fewer reserves in the first pace, he said. "The euro could well finish the year weaker ...
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Lucrative Stud Career Awaits Animal Kingdom
He's the favourite to win at Tuesday's Royal Ascot race in Britain, but a victory could also make Animal Kingdom the most popular horse among the ladies - literally. The thoroughbred, who has already won this year's Dubai World Cup and the 2011 Kentucky Derby, will retire at the end of the race, and his owners plan to use him as a stud to breed new race horses. John Messara, ...
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Euro briefly extends gains vs dollar after U.S. data
NEW YORK, June 18 | Tue Jun 18, 2013 8:40am EDT NEW YORK, June 18 (Reuters) - The euro briefly extended its gains versus the dollar while the dollar hit a session peak versus the yen on Tuesday after data showed U.S. housing starts rose less than expected and consumer prices climbed in May. The euro rose as high as $1.3398 after the data, matching the previous session high, before ...
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Charles Saatchi admits assault on celebrity chef wife Nigella Lawson
Prominent British art collector Charles Saatchi has admitted assault and accepted a police caution after published photos showed him grasping the throat of his wife, celebrity chef Nigella Lawson. (Lionel Cironneau/Associated ...
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Suicide bombers target Baghdad mosque killing 24
BAGHDAD (AP) -- Two suicide bombers blew themselves up inside and near a Shiite mosque in Baghdad on Tuesday, killing 24 people and wounding 52, Iraqi officials ...
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Intel chief NSA foiled dozens of terrorist plots
WASHINGTON -; The chairman of the House Intelligence Committee says it appears the much-criticized national electronic surveillance program foiled "dozens" of terrorist ...
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Massive protests hit Brazils biggest cities
São Paulo - More than one hundred thousand demonstrators marched through the streets of Brazil’s biggest cities yesterday in a growing protest movement that is tapping into widespread anger at poor public services, police violence and government corruption. The marches blocked streets and halted traffic in at least cities, including São Paulo, Rio de Janeiro, Belo Horizonte, ...
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Afghan presidents forces take over for NATO
View Photo Associated Press/Allauddin Khan - FILE - In this Thursday, June 13, 2013 file photo, Afghan National Army soldiers stand in position, in the Sangin district of Kandahar province southern Afghanistan. ...
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Karzai Afghan troops take lead to secure country
View Photo Associated Press/Rahmat Gul - Afghanistan President Hamid Karzai, left, shakes hands with NATO Secretary-General Anders Fogh Rasmussen during a ceremony at a military academy on the outskirts of Kabul, ...
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Recovery in financials leads Britains FTSE higher
* FTSE 100 rises 0.7 percent* HSBC, RSA benefit from analyst upgrades* Financials set to benefit if Fed continues easing* Charts point to possible "head and shoulders" patternBy Alistair SmoutLONDON, June 18 (Reuters) - Britain's top share index ...
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G-8 summit turns focus to clampdown on tax-dodging
ENNISKILLEN, Northern Ireland (AP) -- Leaders from eight of the world's wealthiest countries spent the final hours of their summit Tuesday focusing how to make sure that multinational companies can no longer rely on shelters and loopholes to avoid paying the tax they ...
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UPDATE 1-Commerzbank to shed more than 5000 jobs source
Tue Jun 18, 2013 6:56am EDT * Commerzbank strikes preliminary pact with labour-sources * Job losses form part of cost plan announced in November * Cuts amount to 10 percent of workforce (Adds comments from more sources, previous cutback plans) FRANKFURT, June 18 (Reuters) - German lender Commerzbank will shed more than 5,000 jobs, 10 percent of its workforce, under a preliminary deal with ...
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3-mth euro Libor fixes at 0.13071 pct dlr 0.27225 pct
LONDON, June 18 | Tue Jun 18, 2013 6:51am EDT LONDON, June 18 (Reuters) - The British Bankers' Association released the following London Interbank Offered Rates (Libor) for dollars, euro and sterling at its daily fixing. The spread of three-month Libor rates over three-month OIS rates, calculated from Reuters' data, expresses the three-month premium paid over anticipated ...
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Ashton signs €4 million agreement with Iraq
During her recent visit to Iraq, EU High Representative, Catherine Ashton signed an agreement to make available 4 million euros of EU financing to fund the EU-Iraq Energy Centre. Following her visit, she has issued a statement stressing the need to establish peace and stability in the region and condemning the recent escalation of violence. As High Representative Ashton stated: "I ...
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With Samsung Jay-Zs business continues to boom
FILE - This May 1, 2013 file photo shows Jay-Z at "The Great Gatsby" world premiere at Avery Fisher Hall in New York. Jay-Z is teaming up with Samsung to release his new album, unveiling a three-minute commercial during the NBA Finals and announcing a deal that will give the music to 1 million users of Galaxy mobile phones. The new album, called Magna Carta Holy Grail, will be free ...
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Hsbc Etfs Plc Ftse 100 Etf - Net Asset Value
National Storage Mechanism Appointed by the FCA to act as the official mechanism for the storage of regulated information in the UK RNS Number : 2607H HSBC ETFs PLC FTSE 100 ETF 18 June 2013 Fund: HSBC FTSE 100 ETF Valuation Date ISIN Code Shares in Issue Currency Share Redeemed since Previous ...
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Obama Putin to sign new deal on reducing nukes
Obama and Putin met privately at the G8 summit to talk about pressing security issues and agreed to work together to protect, control and account ...
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New form of protest in Turkey standing silently
View Photo Associated Press/Petr David Josek - Erdem Gunduz, centre, stands silently on Taksim Square in Istanbul, Turkey, early Tuesday, June 18, 2013. After weeks of confrontation with police, sometimes violent, ...
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German economy to pick up in H2 albeit slowly
economy to pick up speed in the second half of the year, albeit at a slow pace, the head of the ZEW think tank said on Tuesday. "The financial experts stick to their assessment: the German economy is likely to pick up speed in the second half of 2013," said ZEW president Clemens Fuest. "However, the results of the current survey indicate that the economy will improve rather ...
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Raw 100K Protesters Flood Brazilian Streets
An estimated 100,000 demonstrators flooded the streets of eight different Brazilian cities, venting frustrations over poor transportation, health services, education and security despite heavy taxes. (June ...
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US nuclear missles in Europe remain poised for a war that will never come
The United States and Russia recently signed a new landmark nuclear non-proliferation treaty called START in March and the US in early May followed up its non-proliferation goals by making the unprecedented step of publicly declaring how many nuclear weapons it had – just over 5,113 in total, though many of them are in storage and would take time to be deployed.
That is a vast reduction compared to the total arsenal the country possessed at the height of the Cold War in 1967, the number at that time was 31,225, according to reports by European news media. Read more
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