(FT) – The European Central Bank confounded monetary hawks by extending its economic stimulus programme until at least September next year, pushing down the euro as investors digested Mario Draghi’s refusal to call the end to emergency crisis-era measures. Although the ECB announced its stimulative bond purchases will be halved to €30bn a month, the…
Reuters – Catalonia’s leaders said on Saturday they would not accept direct rule imposed on the region by the Spanish government, as a political crisis that has rattled the economy and raised fears of prolonged unrest showed no signs of easing Spanish Prime Minister Mariano Rajoy announced earlier on Saturday he would invoke special…
Bloomberg reprint: Greek Banks Face ‘Gangs’ in Bad-Loans Battle With Defaulters BySotiris Nikas , Christos Ziotis , and Stefania Spezzati October 19, 2017, 2:05 PM GMT+11 October 19, 2017, 10:44 PM GMT+11 Lenders said to boost sales of NPEs standing at half of total Investors fear Greek banks will need to raise more capital When Eurobank…
ASIAN MARKET UPDATE ……. Wednesday 30-3-2016 Asia Pacific region stock markets finished mostly higher Wednesday, on the back of U.S. Federal Reserve Yellens signal for a slow pace on raising interest rates. “[Ms. Yellen] and the Fed have finally realized that the only way they can safely start to normalize interest-rate policy in the U.S. is if they…
30-3-2016——EUROPEAN MARKETS Stocks and commodities rallied while the USD dollar extended losses Wednesday as Federal Reserve Chairwoman Janet Yellens cautious stance on raising U.S. interest rates rallied risky assets around the world. Futures pointed to a 0.5% opening gain for the S&P 500. The Stoxx Europe 600 was up 1.4% halfway through trading in London, following…
Update: 30-3-2016 ADP Employment Report – U.S. private sector added a net 200,000 jobs this month, matching expectations, showing resilience for employment. The labor market remains healthy. But selling is muted in the bond market after Yellen said Wednesday the central bank would be cautious in tightening policy given the uncertain global growth outlook. That…
Global stocks extended losses Thursday ahead of the Easter holiday weekend, as a stronger US dollar and weaker commodities slow down the recent global rally. European equities slipped for a fourth straight session on Thursday, with weaker commodities prices and hawkish comments from another Fed official putting pressure on the broader stock market. St. Louis…
22/03 DW correspondent Bernd Riegert reports on deadly explosions in Brussels The national security council of Belgium has raised the terror alert to level four. Air travel to Brussel΄s Zaventem airport – one of Europe΄s busiest – and train travel have been halted. All roads to the airport have been closed, more evacuations…
Source: WSJ, Bloomberg, Reuters, Sitnokglobal.com Asian Morning Briefing: U.S. Stocks Drop After Recent Rally U.S. stocks fell Tuesday, ending a five-session winning streak while investors returned to the safety of government bonds. Oil prices sold off sharply on fresh signals of global oversupply and weak demand. The dollar recouped losses against the euro in…
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