September 07, 2014

Pound Weakens Most in a Year as Scotland Vote Adds Uncertainty

The pound had its biggest weekly drop versus the dollar since July 2013 as signs that Scotland’s independence vote will be more closely contested than previously indicated damped demand for the U.K. currency.

September 06, 2014

Falling investment, inventories, stall euro zone recovery in Q2

(Reuters) - Falling investment and a drop in inventories kept euro zone gross domestic product flat in the second quarter against the previous three months despite growing household consumption and a positive contribution from trade, data showed on Friday.

September 05, 2014

ECB surprises with rate cut amid recovery fears

FRANKFURT, Germany (AP) — The European Central Bank has cut its interest rates and announced a new stimulus program that involves buying financial assets, a bid to salvage a weak economic recovery.

September 04, 2014

Why peripheral euro zone debt is worrying investors again

Companies in the peripheral euro zone countries which caused the near-disaster of the euro zone debt crisis are borrowing big again.

September 03, 2014

Euro hits fresh one-year low, hamstrung by Ukraine turmoil

SYDNEY/SINGAPORE, Sept 1 (Reuters) - The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.