Financial Insights That Matter December 12, 2024, brought a great day for the crypto world. French Hill was announced as the new Chairman of the U.S. House Financial Services Committee. It’s a major role that puts him at the center of decisions shaping America’s financial future. Hill’s appointment comes as the previous Chair, Patrick McHenry, […]
Financial Insights That Matter It is all but certain that Rep. French Hill, R-Ark., will chair the House Financial Services Committee in the next Congress. Hill was selected on December 12 by the House Republican steering committee, although his selection still must be approved by House Republicans in the next Congress. That approval is considered […]
Financial Insights That Matter TVP WorldFrench institutions to finance Polish nuclear power plantThe Polish Nuclear Power Plants (PEJ) company has announced that it has secured letters of intent from two major French financial institutions,….4 hours ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and […]
Financial Insights That Matter (Bloomberg) — A family office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their wealth away from luxury. Krefeld Invest, the family office of heirs to the luxury goods fortune, is part of an […]
Financial Insights That Matter * Euro moves away from two-year low hit in November * Bitcoin hits past a record $100,000 * Dollar drops after higher-than-expected US jobless claims * Focus on US nonfarm payrolls report (Adds new comment, graphic, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Dec 5 (Reuters) – The euro rallied on […]
Financial Insights That Matter By contrast, France’s government under Prime Minister Michel Barnier, which was toppled last week after losing a confidence vote, got EU approval for its 2025 budget and its longer-term plan. Barnier did not win political support for the measures from the far-right and left-wing blocs in parliament, which hold the balance […]
Financial Insights That Matter (Bloomberg) — French markets steadied ahead of a no-confidence vote that could bring down Prime Minister Michel Barnier’s administration and extend the political turmoil that has weighed on the nation’s assets. Most Read from Bloomberg The risk premium on 10-year bonds tightened slightly to 84 basis points, while the country’s benchmark […]
Financial Insights That Matter Michel Barnier resigned after losing a no-confidence vote over his attempt to tackle the country’s fiscal crisis – Sarah Meyssonnier/Reuters Investors are dumping French debt in favour of Spanish and even Italian bonds as the deepening political crisis in Paris scares off money managers. Fund managers at JP Morgan Asset Management […]
Financial Insights That Matter (Bloomberg) — European stocks gained for a sixth straight session in the longest winning streak since May, as investors weighed the latest developments in turbulent French politics. Most Read from Bloomberg The Stoxx Europe 600 Index was up 0.4% by the close in London, with travel and leisure stocks and banks […]
Financial Insights That Matter By Yoruk Bahceli and Amanda Cooper LONDON (Reuters) -The risk premium on French bonds dropped and bank stocks rallied on Thursday after a widely expected no-confidence vote toppled Prime Minister Michel Barnier’s government, with focus turning to what a new government might look like. Barnier resigned and President Emmanuel Macron is […]