Carla Mozee, Moneyish

Carla Mozee


United Kingdom

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  • Moneyish
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Past articles by Carla:

Lira plunges vs. dollar as ECB worries about banks exposure to Turkey: report

The Turkish lira plunged to a fresh record low against the U.S. dollar Friday, following a report the European Central Bank is growing more concerned about exposure of regional banks to Turkey. The dollar USDTRY, +6.5817% sank roughly 12% to 6.207 lira, with the lira extending sharp losses in part stemming from a diplomatic rift between Turkey and the U.S. The ECB has concerns specifically about… → Read More

European stocks log best day in more than a month, as bank shares rally

European stocks close higher Tuesday, as gains for UBS Group AG and others help the market to enjoy its best day since late June. → Read More

Fiat, Ferrarri close lower after Marchionne’s exit, weighing on European stocks

European stocks end lower and mark a third straight loss on Monday, as shares of Fiat Chrysler Automobiles after the sudden departure of longtime chief Sergio Marchionne, amid a fresh round of earnings reports. → Read More

U.K. Foreign Minister Boris Johnson resigns, raising speculation of leadership challenge

U.K. Foreign Secretary Boris Johnson has resigned his post, reports said Monday, ramping up speculation that he's preparing to launch a leadership challenge against U.K. Prime Minister Theresa May. Johnson, who was named as foreign secretary in July 2016 by May, becomes the third minister to step down after the Brexit agreement sealed Friday that seemed to unify the U.K. cabinet around a single… → Read More

Greece leads European stocks higher on bailout green light

Stocks across Europe gained ground Friday, as Greece reached a debt-relief deal with its creditors and as preliminary French and German services activity data came in ahead of expectations, but the equity market was still on course for its worst week in three months. → Read More

Bank of England holds key rate at 0.5% in 6-3 vote; pound surges

The Bank of England on Thursday left its key interest rate at 0.5%, meeting widely held expectations. But the vote was 6-3, a change from the bank's prior tally of 7-2 to make no changes in policy. Thursday's decision comes as inflation has slowed to a 2.4% rate but is still above the bank's 2% target. "Inflation is expected to pick up by slightly more than projected in May in the near term,… → Read More

Auto makers, Italian stocks lead European shares lower

European stocks fell Thursday, facing their fourth loss in five sessions, with auto shares under pressure and Italian shares flipping down following developments surrounding the country’s coalition government. → Read More

FTSE 100 gains ground as pound dips before Bank of England rate verdict

U.K. stocks moved higher Thursday, aided by pound weakness before the Bank of England renders its latest decision on interest rates. → Read More

EU to impose tariffs on $3.2 billion of U.S. goods starting Friday

The European Union will begin implementing tariffs on €2.8 billion ($3.2 billion) worth of goods imported from the U.S. on Friday, the European Commission said Wednesday. The "rebalancing measures" are in response to the U.S. imposing respective tariffs of 25% and 10% on aluminum and steel imports from the EU on June 1, the commission said. Agricultural goods and other U.S. products will also be… → Read More

FTSE 100 leaps 1%, as commodity shares lift index off 6-week low

U.K. stocks jumped Tuesday, with gains for oil shares helping London’s blue-chips index bounce off a six-week low that it suffered as trade tensions between the U.S. and China escalated. → Read More

European stocks stage recovery, but U.S.-China trade tensions remain

European stocks on Wednesday bounced off their lowest levels in nearly three weeks, staging a recovery after further deterioration in the trade relationship between the U.S. and China sent equities worldwide tumbling in the prior session. → Read More

ECB's Draghi says bank could extend QE if warranted

European Central Bank President Mario Draghi on Tuesday highlighted the central bank's dovish message on monetary policy, indicating that it could extend its bond-buying program if necessary. The ECB's "anticipated ending of asset purchases in December this year is subject to incoming data confirming the medium-term inflation outlook," Draghi said in speech at the bank's annual economic… → Read More

FTSE 100 drops as U.S.-China trade fight intensifies

U.K. stocks dropped Tuesday, with trade tensions between the world’s two largest economies escalating after U.S. President Donald Trump ordered his administration to look for further tariffs on $200 billion in imported goods from China. → Read More

European stocks slide as U.S.-China trade tensions escalate

European stocks sank Tuesday, following sharp losses in Asian equities after U.S. President Donald Trump said he’s preparing to hit China with tariffs on $200 billion in imported goods, escalating trade tensions between the world’s two largest economies. → Read More

FTSE 100 drops from 4-week high as trade-war worries hurt mining shares

U.K. stocks fell Friday, pulling back from a nearly four-week high, with mining stocks knocked by worries about escalating tensions between the U.S. and China on trade issues. → Read More

European stocks lose ground as trade-war worries reignite

European stocks on Friday pulled back after scoring their best session in a month, with bank shares under pressure and as investors prepare for the U.S. to ramp-up its trade dispute with China. → Read More

European stocks drop as investors brace for ECB update

Stocks across Europe pulled back Thursday, as mining stocks were hurt by growth concerns surrounding China, while investors prepared to hear whether the European Central Bank has decided when to wind down its bond-buying program. → Read More

FTSE 100 slides as China growth concerns weigh on mining stocks

U.K. stocks fall as worries about slowing economic growth in China hit shares of mining companies. Meanwhile, investors prepare for the ECB to follow the Federal Reserve in revealing its monetary policy plans. → Read More

Dollar hangs onto small gains, with traders ready for Fed’s outlook on rates

The U.S. dollar held broadly to thin gains Wednesday, with traders ready to gauge how many more rate hikes are in the Federal Reserve’s pipeline if the central bank meets expectations to raise rates later Wednesday. → Read More

U.S. stock futures climb ahead of key Fed decision

U.S. stock futures rise Wednesday as the countdown begins for investors to a decision from the Federal Reserve, which is widely expected to increase rates by a quarter of a percentage point and offer details on path forward for monetary policy. → Read More