Sterling got the week off to a bad start, sliding against both the euro and the dollar in early trading.
The pound was down 0.1 per cent against the euro at €1.1225, and down 0.2 per cent against.. City A.M.
Oct. 21 -- Eric Lonergan, M&G fund manager, reacts to Portugal retaining its investment-grade rating. He speaks with Bloomberg's Oliver Renick and Scarlet Fu on "What'd You Miss?" Source: Bloomberg Global Business -
During election years, the market typically starts choppy and then sees an upward price tilt during the second half. This is exactly what stocks are doing in 2016, said Bill Greiner, chief investment.. Source: The Street -
Oct. 21 -- Daniel Katzive, head of FX strategy for North America at BNP Paribas, looks at the European Central Bank's ability to move the euro and bond yields and what the Federal Reserve is watching.. Source: Bloomberg Global Business -
Oct. 21 -- Marchel Alexandrovich, senior European economist at Jefferies, discusses what Thursday's comments by European Central Bank President Mario Draghi mean to banks and markets. He speaks on.. Source: Bloomberg Global Business -
By Valentina Za | MILAN MILAN Storage rooms crammed with loan documents have emerged as a hidden front line in Italy's battle to save its banks from the threat of financial crisis.Dozens of analysts.. Firstpost
If you’re a bank, the idea sounds crazy. Why pay someone to hold your cash?
In 1983, when Frederic Mishkin started writing "The Economics of Money, Banking and Financial Markets," his seminal.. Business Insider
The dollar erased its 2016 loss versus the euro and the outlook for higher relative interest rates may prove strong enough for the greenback to overcome historical patterns that signal its gains are.. WorldNews
Stocks opened down on Friday after mixed earnings results from McDonald's, which reported stronger-than-expected sales growth, and General Electric, which cut its revenue forecast.
As the day went.. Business Insider
There will be "big, bad outcomes" if the European Central Bank prematurely reduces its bond-buying program designed to support the economy, according to Bridgewater Associates founder Ray Dalio and.. Business Insider
LISBON, Portugal (AP) " Ratings agency DBRS has kept its investment grade classification for Portuguese bonds, ensuring the debt-heavy eurozone country remains eligible for vital help from the European.. New Zealand Herald Also reported by •SeattlePI.com •Newsday
Back on March 10, when the ECB stunned the world and announced it would monetize corporate debt, we laid out a snapshot of the total size of Europe's Investment Grade bond market...
And added that.. Zero Hedge
The *euro* dropped its lowest level since March after the European Central Bank said it wouldn't taper policy anytime soon.
The currency is down by 0.4% at 1.0890 against the dollar as of 7:43.. Business Insider
VIENNA (dpa-AFX) - Longer-term expectations for euro area inflation were broadly unchanged, while growth and unemployment projections were lowered, results of a survey by the European Central Bank... FinanzNachrichten.de Also reported by •RTTNews
Asian stocks and S&P futures fall modestly and European shares are little changed as traders digested the surprising reticence from yesterday's ECB meeting and weighed earnings reports from companies.. Zero Hedge
Here is what you need to know.
*China's red hot housing market is still accelerating. *Data released by China's National Bureau of Statistics showed new home prices rose 11.2% year-over-year in.. Business Insider
CANBERA (dpa-AFX) - The euro slipped against its key counterparts in European trading on Friday, as the European Central Bank President Mario Draghi dismissed talks of an abrupt end to QE program ... FinanzNachrichten.de
The European Central Bank (ECB) is to stick with its policy of record-low interest rates and bond purchasing scheme, as head of the bank Mario Draghi continues to try and reach the bank's inflation.. EurActiv
Theresa May is half-way through her first official meeting of EU leaders over in Brussels.
Across the pond, the ferocious US Presidential Election is approaching with alarming speed, and in Europe,.. City A.M.
Indian shares fell slightly in early trade on Friday after the European Central Bank hinted at additional stimulus, but refrained from talking about the ongoing quantitative easing program scheduled to.. RTTNews