Search Results for: eurozone
European Stocks Fall Following Greek Selloff
January 28th, 2015
Markets Cautious Ahead of U.S. Federal Reserve Statement European stocks fell Wednesday, hit by a big selloff in Greece and caution ahead of the latest message on the path of monetary policy due from the U.S. Federal Reserve statement later in the day. ...
Greece will not default on bailout debts – PM Tsipras
January 28th, 2015
New Greek PM Alexis Tsipras says his country will not default on its debts. Addressing his first cabinet meeting since being elected on Sunday, the left-wing Syriza party leader said he would negotiate with creditors over the €240bn (£179bn; ...
MAS Monetary Policy Statement
January 28th, 2015
Since the last Monetary Policy Statement in October, developments in the global and domestic inflation environment have led to a significant shift in Singapore’s CPI inflation outlook for 2015. As part of its ongoing economic surveillance, MAS has assessed ...
Eurogroup meeting of 26 January 2015: Remarks by Jeroen Dijsselbloem
January 27th, 2015
Good evening and welcome to this press conference. This was our first Eurogroup of the New Year and already a lot has happened. Of course we discussed the latest news, which was the outcome of last nights Greek elections ...
Greece debt repayment in full is ‘unrealistic’, says Syriza
January 27th, 2015
It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC. “Nobody believes that the Greek debt is sustainable,” Euclid Tsakalotos said. The far-left ...
Greece election: Anti-austerity Syriza leader Tsipras vows to end ‘pain’
January 26th, 2015
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged to renegotiate Greece’s massive international bailout. With nearly all of ...
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
ECB Executive Board’s QE Proposal Calls for Roughly €50 Billion in Bond Buys Per Month
January 22nd, 2015
The European Central Bank’s executive board proposed buying roughly €50 billion ($58 billion) a month in bonds for at least a year, according to people familiar with the matter, but markets largely shrugged as investors pondered whether the ECB ...
Investors cautiously optimistic ahead of ECB meeting
January 21st, 2015
US stocks recorded marginal gains on Tuesday after pairing big early losses as investors appeared uncertain about the prospects of the monetary stimulus program in Europe. The European Central Bank is expected to announce further measures of monetary expansion ...
Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar
January 20th, 2015
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...
