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The Principles for Responsible Investment (PRI), the UN-backed group that works to advance sustainability in the asset-management industry, announced earlier this year that it is establishing new minimum requirements for membership.
The EURO STOXX 50® Index turns 20 this week, a period marked by financial crises and recoveries, a deeper economic union of the region, and the transformation of markets.
Despite the Fed’s and the ECB’s divergent trajectories, the dollar fell against the euro to $1.18 in December from $1.05 in January, confounding expectations. At the start of 2017, the average forecast from five banks pointed to the euro ending the year at $1.05.