Search Results for: European economy
Asia stocks subdued, euro and Aussie stand tall
June 3rd, 2015
A spike in U.S. and German debt yields reduced the appetite for riskier assets to keep Asian share markets subdued on Wednesday, while the euro held gains made on upbeat euro zone inflation data and on hopes that Greece ...
Greek PM Tsipras speaks to Merkel, Hollande as lenders increase pressure
May 29th, 2015
With negotiations between Greece and its creditors at a critical phase, Prime Minister Alexis Tsipras on Thursday sought the assistance of German Chancellor Angela Merkel and French President Francois Hollande in a teleconference call. The three leaders spoke for ...
G7 finance chiefs discuss growth risks, urge deal on Greece
May 28th, 2015
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...
Growing financial risk appetite within a gradual economic recovery – Financial Stability Review
May 28th, 2015
Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations Challenging operating environment for euro area banks ...
Debt talks resume amid concerns over differences, looming repayment, political upheaval
May 26th, 2015
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister Alexis Tsipras from abroad and on the domestic front. The ...
Asian shares turn higher as China rallies, dollar up
May 26th, 2015
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
Asian shares little changed, Fed views hurt some markets
May 25th, 2015
*CPI data, Yellen speech revive U.S. rate increase expectations * Nikkei underpinned by upbeat export data, weaker yen * Crude oil steadies after Friday’s losses ahead of U.S. holiday Asian shares got off to a slow start on Monday after U.S. ...
Dollar eases after U.S. data disappoints, awaits Yellen
May 22nd, 2015
* Dollar index hovers below recent 2-week high * For the week, dollar index up more than 2 pct * BOJ keeps policy unchanged as expected * Caution reigns ahead of Kuroda, Yellen comments (Updates prices, adds comments) The ...
Japan shares set fresh 15-year high, dollar holds gains after Fed minutes
May 21st, 2015
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains in much of the rest of Asia. The dollar held ...
