The cost of borrowing in euros has dropped to the lowest since March versus the dollar as issuance in Europe trails the U.S. and the Federal Reserve moves toward raising interest rates.
Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts
August 16, 2015
July 07, 2014
IMF chief hints at cut in growth forecasts
Global economic activity should strengthen in the second half of the year and accelerate in 2015, although momentum could be weaker than expected, Christine Lagarde, head of the International Monetary Fund, said on Sunday, hinting at a slight cut in the fund's growth forecasts.
June 02, 2014
Draghi Gets Ready to Go Negative as Inflation Sinks
Mario Draghi is preparing to lead the European Central Bank into the unknown.
From negative interest rates to conditional liquidity for banks, the ECB president and his fellow policy makers have signaled all options are up for discussion when they meet on June 5.
April 06, 2014
GLOBAL MARKETS-Asia tense before US jobs test, euro nurses losses
SYDNEY, April 4 (Reuters) - Asian markets put discretion before valour on Friday as investors counted down the final hours to the U.S. jobs report, while the euro nursed a grudge after the European Central Bank opened the door to more aggressive easing, albeit not just yet.
December 29, 2013
Euro hits two-year high as banks shore up balance sheets
LONDON, Dec 27 (Reuters) - The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end.
December 24, 2013
Italian, Spanish bond yields rise on talk local banks may sell
LONDON, Dec 23 (Reuters) - Spanish and Italian bond yields rose on Monday amid speculation that banks in both countries may reduce their holdings before the European Central Bank reviews their balance sheets next year.
August 02, 2013
Euro Rises to Near One-Month High Against Dollar Ahead of FOMC
The euro on Wednesday strengthened against the dollar as traders prepared for the possibility that the Federal Reserve will flag weak U.S. economic data.
July 06, 2013
Spanish, Italian Bonds Gain as ECB Signals Prolonged Low Rates
Spanish and Italian bonds advanced for a second week after the European Central Bank signaled it will keep interest rates low for longer, boosting demand for higher-yielding euro-area assets.
May 03, 2013
Euro Drops as Draghi Open to Negative Rates; Dollar Strengthens
The euro fell for the first time in five days against the dollar after European Central Bank President Mario Draghi said policy makers may take the unprecedented step of charging banks to hold excess reserves.
June 28, 2012
Euro to Hit $1.20 as Crisis Worsens, State Street Says
The euro will probably drop to $1.20 by year-end as Europe’s debt crisis worsens before it improves, according to State Street Corp. (STT), which oversees $16.9 trillion in custody assets.
December 29, 2011
Banks boost lending as economy slowly warms up
After three years of Scrooge-like underwriting following 2008's financial crisis, banks have turned on the spigot, boosting lending at annual rates as high as 8.2% since July, according to Federal Reserve statistics.
April 29, 2011
Is EMU Debt Crisis Morphing Into a Euro-Positive Force?
We argue that a key driver lifting the euro has been the divergent monetary policies of the Federal Reserve and the ECB. When investors perceive the European debt crisis becoming acute, it has eclipsed the main driver and weighed on the euro episodically in recent months. However, the increased speculation (and therefore risk) that Greece restructures its debt may be transforming the debt crisis into a more immediately euro-positive direction.
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