Euro News

A couple of weeks ago I wrote one of my typically brilliant stories, only to see that my colleague, Tom Frew, wrote about the same story the very next day.  I cautioned him that his “oversight” might be returned in kind someday.  I mean, you never know about these things.  Today, I return from a […]

Agamemnon and Achilles were unavailable for comment at time of press. We will keep Troying. French communications firm Iliad (EU:ILD) has reported a 27% increase in sustained group revenue, a 40% rise in EBITDA and 78% jump in consolidated profit as part of its full-year results. In a statement the Iliad Group said that they […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A big week for the markets with participants finally permitted to look away from the prospect of Fed tapering, if only briefly and for disturbing geopolitical and potentially military headlines regarding Syria, only to have to look back again […]

Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]

Dutch brewers Heineken have announced their 2013 half-year results. Calling the performance “resilient” in “challenging market conditions”, CEO and Chairman of the Executive Board Jean-François van Boxmeer argued that the company’s “increased emphasis on higher growth regions is delivering, with organic operating profit in developing markets growing...

Brewing giant Carlsberg have announced an organic growth revenue of 2% as part of the company’s 2013 Q2 results. Commenting on the results, CEO Jørgen Buhl Rasmussen says: “For the first six months, the Group achieved earnings growth despite challenging market conditions in Western and Eastern Europe. Our Asian business again delivered impressive volume and […]

Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]

What is it about the U.S. Federal Reserve Bank that makes the Forex system flutter like a young girls eyelashes when a good looking young man passes by?  I’m no Forex expert (thank you for reading anyway), but this monthly encounter between the world and Ben Bernanke is a lot like young love.  It has […]

Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]

Just in case I have not made it clear by the end of this article, let me start by saying that I despise the U.S. Environmental Protection Agency.  Therefore, I am giving BP (LSE:BP.) a one-man standing ovation (which is hard to do whilst one is typing). On Monday this week, 12 August 2013, BP […]