Search Results for: European Central Bank
ECB extends US dollar liquidity-providing operations
June 17th, 2014
The Governing Council of the European Central Bank (ECB), in cooperation with the Bank of England, the Bank of Japan and the Swiss National Bank, has decided to continue to offer one-week US dollar liquidity-providing operations after 31 July ...
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
ACCA welcomes new ECB measures
June 10th, 2014
The European Central Bank (ECB) has unveiled a package supporting lending to the real economy in the Eurozone, a move strongly welcomed by ACCA (the Association of Chartered Certified Accountants) The ECB measures entail proposals to conduct targeted longer-term ...
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
ECB’s Big Bang Is Impressive, but More Is Needed
June 6th, 2014
After dropping hints for several weeks, the European Central Bank made history today by doing what no major central bank has done outside a major financial crisis: It pushed the rate on bank deposits to minus 0.1 percent. The ...
Asian Stocks Rise With Ringgit; U.S., Europe Futures Gain
June 6th, 2014
Asian stocks rose for the fourth straight week and emerging-market currencies strengthened after the European Central Bank cut interest rates to fight deflation. The dollar headed for its best week since April versus the yen and U.S. and European ...
ECB announces monetary policy decisions
June 5th, 2014
The Governing Council of the European Central Bank (ECB), after its monetary policy meeting that took place today, has taken the following decisions: The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis ...
Europe Stocks Rise With Italy Bonds After ECB; Euro Drops
June 5th, 2014
European stocks extended gains, Italian bonds advanced and corporate credit risk slid to a six-year low after the European Central Bank cut all three interest rates. The euro weakened, treasuries rose and commodities fell. The Stoxx Europe 600 Index ...
Little Change for U.S. Stock-Index Futures Before ECB
June 5th, 2014
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...
Caution reigns as traders await Mr Draghi
June 5th, 2014
The euro is steady, benchmark bond yields nudging lower and bourses are mixed as investors wait to see if the European Central Bank will introduce a package of measures designed to tackle deflation concerns and boost the bloc’s economy. ...
