August 06, 2014

Scottish independence 'Yes' camp 'deluding itself' on currency union

Scottish independence advocates are “deluding” themselves if they believe that the country would be allowed to remain in a currency union with the UK whilst controlling its own financial affairs, one of Europe’s major banks has said.

August 05, 2014

Analysis - Will Europe's banking 'big bang' loosen lending?

PARIS (Reuters) - In the biggest advance in European integration since the launch of the euro in 1999, the European Central Bank will take charge of supervising banks from Helsinki to Lisbon in November after subjecting their books to unprecedented scrutiny.

August 04, 2014

FOREX-Euro slides below $1.34, eyes on Fed and U.S. GDP data

LONDON, July 30 (Reuters) - The euro fell below $1.34 on Wednesday for the first time since last November on concern that German inflation data due at 1200 GMT will add to the case for the European Central Bank to pump more money into a struggling economy.

August 03, 2014

Portuguese Bonds Drop With Italy’s as Global Turmoil Halts Rally

Portuguese government bonds fell for the first week since July 11 as financial turmoil deepened at Banco Espirito Santo SA and a selloff in stocks damped demand for higher-yielding assets.

August 02, 2014

Falling prices on radar as euro inflation drops again

(Reuters) - Annual inflation in the euro zone fell in July to its lowest since the height of the financial crisis in 2009, keeping the risk of deflation on policymakers' radar but unlikely to spur the European Central Bank into further policy action.