Search Results for: European Central Bank
Oil prices climb on upbeat economic data, ECB stimulus moves
October 23rd, 2015
Oil prices extended gains into a second day in Asian trade on Friday, finding support from brighter economic data and a global stock market rally after the European Central Bank signaled its willingness to launch more stimulus measures. Brent ...
Greece, lenders start talks on reform compliance
October 22nd, 2015
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and pension reforms. Team leaders from three European institutions and the ...
Asia shares lag behind Nikkei, euro firm for ECB
October 21st, 2015
Asian shares turned mixed on Wednesday as soft export data kept investors cautious ahead of the European Central Bank‘s policy meeting later in the week, though Japan’s market was having a go at setting a new peak for the ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
The Eurozone Crisis: Crystalizing the Narrative
October 13th, 2015
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus View of the Causesand a Few Possible Solutions, a VoxEU.org book ...
Talk Is Cheap for Euro as QE’s Diminishing Returns Thwart Draghi
October 13th, 2015
ECB chief reiterates willingness to ease, yet currency gains Debatable whether more stimulus can weaken euro: Investec Traders are losing their faith in Mario Draghi’s ability to weaken the euro. The European Central Bank president has reiterated at least four ...
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
German Exports Slump Most Since 2009 Recession in Sign of Risks
October 8th, 2015
Foreign sales fall 5.2% in August versus estimated 0.9% drop Imports down 3.1%, trade balance shrinks to EU15.3 billion German exports slumped the most since the height of the 2009 recession in a sign that Europe’s largest economy is ...
