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| European Central Bank: Trump tariff move "dangerous" But it could make richly valued stock markets less attractive relative to more conservative holdings. The euro was volatile after the ECB's statement, first jumping and then falling back to $1.2333 by end of day. The stimulus program pushes newly printed money into the economy. That in theory should ...
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| ButtonwoodMarkets fret about America's turn toward protectionism Even if the world manages to avoid a full-blown trade war, the threat to global markets is clear. Politicians are becoming more nativist, and as they do so, barriers to the free movement of capital, goods and services are likely to rise. Financial markets, with high equity valuations and low bond yields, are ...
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| EU and asset managers clash over 'sustainable' investing plan "What we need is bold initiatives tackling obstacles in tax and insolvency law and measures that facilitate capital market financing by smaller companies," Ferber said. "Sustainable finance, however, is only a diversion from the fact that one of the Commission's flagship projects is about to tank," he said, ...
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| European Central Bank takes small step toward stimulus exit The economy is now doing better, but the bank has moved cautiously in ending its crisis measures for fear of roiling recently volatile financial markets. Stimulus from the ECB, U.S. Federal Reserve, Bank of England and others has helped the global recovery from the Great Recession but has also driven ...
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| Latvia PM pledges tighter bank controls to defuse US standoff When it comes to shell companies, the dangers outweigh the benefits." When Latvia regained its independence in 1991, some banks promoted themselves to Russians as a gateway to western financial markets, promising secrecy surrounding the identity of clients similar to that in Switzerland at the time.
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| US Stocks Inch Higher as Trade Concerns Ease The U.S. trade moves come as the global economy is experiencing a rare spurt of synchronized growth. That underpinned gains in stock markets last year and at the beginning of 2018. "The underlying thesis of a strong economy and solid earnings is still rock solid," Mr. Warren said. "The market doesn't ...
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