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Transatlantic trade pact talks progress, deal likely this year

  New York / AFP Negotiators on the ambitious TTIP transatlantic trade pact said they had made significant progress in New York this week and hope for a deal in 2016, despite popular opposition on both sides. Both sides said they would not be deterred by increased attacks on the Transatlantic Trade and Investment Partnership, and did not plan to ...

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S&P keeps UK on triple-A rating, says expects no Brexit

  Paris / AFP Britain kept its coveted top-grade triple-A credit rating from Standard and Poor’s on Friday, with the agency saying it expected the country to ultimately vote to remain in the European Union. Standard and Poor’s said “our affirmation of the rating reflects our assumption that, by a small majority, the referendum will deliver a vote to remain ...

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ECB QE boost can’t save Euro bonds from worst month since August

  Bloomberg The first month of the European Central Bank’s expanded stimulus program has done little to aid the region’s government bonds. Even as the ECB increased its asset-purchase program to €80 billion ($92 billion) in April, from €60 billion, sovereign securities headed for their biggest monthly decline since August, according to Bloomberg World Bond Indexes. Benchmark German 10-year bunds ...

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