Search Results for: central banks
Mario Draghi: ECB to start buying covered bonds this month
October 3rd, 2014
Mario Draghi, the president of the ECB, has said the Bank will be prepared to take on below investment grade asset-backed securities (to BBB-), opening the door to Greek and Cypriot banks. The central bank will start buying covered ...
Bank of Japan purchases record 3.5 Trillion Yen in Treasury Bills
October 3rd, 2014
The Bank of Japan purchased a record 3.5 trillion yen ($32 billion) in treasury bills today as the central bank pushes forward with unprecedented monetary easing to reach its 2 percent inflation target. The amount exceeded the previous records ...
Draghi: Euro’s Level in Alignment with Monetary Policies
September 25th, 2014
The euro’s depreciation is in line with the divergence of monetary policies around the world, European Central Bank President Mario Draghi said. “The exchange-rate movement reflects the different path of monetary policies in Europe versus the monetary policies in ...
Mario Draghi: ECB should Become More Active
September 23rd, 2014
Mario Draghi says he won’t sit back and wait for stimulus to reach the economy. The European Central Bank president said a planned asset-purchase program shows that policy makers will steer the size of the institution’s balance sheet to ...
China Manufacturing Rebounds
September 23rd, 2014
A Chinese manufacturing gauge unexpectedly increased this month, suggesting export demand is helping the economy withstand a property slump. The preliminary Purchasing Managers’ Index from HSBC Holdings Plc and Markit Economics was at 50.5, matching the highest estimates in ...
ECB May Not Need to Add Stimulus
September 22nd, 2014
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation expectations have to be back where they were,” Visco said ...
Draghi’s Trillion-Euro Journey Starts Today
September 18th, 2014
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave off deflation in the euro area. Draghi’s first step may ...
China’s Stimulus Boosts Industrial Metals
September 17th, 2014
Copper climbed for a second day after a report that China’s central bank intensified stimulus measures to support growth, boosting the demand outlook in the biggest consumer. The metal climbed as much as 1 percent on the London Metal ...
European Bank Assets Recover in First Half
September 12th, 2014
Europe’s big banks returned to growth mode in the first half of this year, expanding their books by 530 million euros ($685 million), in a sign they are starting to get back on their feet after the financial crisis. ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
