Search Results for: European Central Bank
Euro set to continue slide
March 13th, 2015
The Hague – Even though the euro’s downward spiral against the dollar was brought to a standstill on Wednesday and even somewhat reversed, doubts still linger about European Central Bank (ECB) president Mario Draghi‘s quantitative easing programme. This policy, ...
Low oil prices and supportive policy to drive recovery in Eurozone
March 12th, 2015
After a year of tentative recovery in 2014, the Eurozone has moved into 2015 aided by two important growth drivers – sharply lower oil prices and QE according to the March 2015 issue of the EY Eurozone Forecast (EEF). ...
Asia stocks regain footing after US rate hike jitters fade
March 12th, 2015
Asian stock markets mostly rose Thursday, finding a firmer footing after several days of volatile trading linked to anxiety over a probable rate hike in the U.S. KEEPING SCORE: Japan’s Nikkei 225 stock index rose 1.2 percent to 18,945.97. ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
Dollar at 12-year peak on euro, emerging markets spooked
March 10th, 2015
The U.S. dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for interest rates globally, while currencies from emerging markets came under mounting pressure from risk aversion. The skittish mood spread to Asian ...
Interview with Benoît Cœuré, Member of the Executive Board of the ECB
March 9th, 2015
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Yannis Seitanidis on 8 March 2015 The ECB’s Governing Council had a meeting in Nicosia, two years after the “bail-in” agreement on the recapitalisation of ...
Greece warns of referendum ahead of debt deal meeting
March 9th, 2015
Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday’s crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a referendum on any debt deal. If eurozone ministers fail to ...
Dollar revved up for jobs data, Nikkei hits a high
March 6th, 2015
The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of ...
Draghi: Cyprus on track for early bailout exit
March 5th, 2015
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said was remarkable Draghi was speaking at an official dinner hosted ...
Court upholds British challenge to ECB policy on clearing houses
March 4th, 2015
The European Union’s second-highest court has ruled the European Central Bank (ECB) was wrong to insist that euro clearing houses should be based in the single currency area, a policy Britain had challenged to defend its financial sector. Lawyers ...
