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Euro zone inflation outlook ebbs, but ECB to stand pat: Reuters poll
ReutersLONDON (Reuters) - Long-run expectations for euro zone inflation have ebbed to their weakest in around three years as the growth outlook remains tepid, according to a Reuters poll of economists on Wednesday. The vast majority of more than 60 economists...Tags: Polls, Central Bank, Inflation and Deflation, Foreign Exchange Market, Elections
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Coeure says no need to change ECB's mandate
ReutersBERLIN (Reuters) - European Central Bank Executive Board member Benoit Coeure said on Wednesday there was no need to change the ECB's mandate to cope with the euro zone crisis, echoing earlier comments from his colleague Joerg Asmussen. Asmussen warned...Tags: Central Bank, Germany, Inflation and Deflation, Berlin (Germany), Money and Monetary Policy
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Italy's one-year debt costs at highest since March
ReutersMILAN, June 12 (Reuters) - Italy's one-year debt costs rose at an auction for the first time in three months, confirming sentiment towards risky assets has soured amid nervousness over global monetary stimulus and a German court hearing assessing the ECB'...Tags: Milan (Italy), Italy
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GLOBAL MARKETS-Shares, dollar recover after steep selloff
Reuters* World shares edge back as investors seek bargains * Dollar recovers 0.5 pct against yen * German bond futures weak ahead of auction * Markets still focused on central bank stimulus plans By Richard Hubbard LONDON, June 12 (Reuters) - The dollar and...Tags: Unemployment Benefits, Franklin Templeton Limited Duration Income Trust, Nikkei, Central Bank, Japan
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Euro zone industrial output shows surprise rise in April
ReutersBRUSSELS (Reuters) - Industrial output from euro zone factories defied market expectations of a month-on-month decline and rose in April, data showed on Wednesday, but the pace of expansion was slowed by a drop in production of energy and durable consumer...Tags: Germany, Foreign Exchange Market, Industrial Production, Italy, Money and Monetary Policy
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FOREX- Yen eases against dollar after sharp rise, BOJ concerns remain
Reuters* Dollar edges up after falling steeply on lack of BOJ action * Aussie steadies after touching near 3-year low * Euro holds near highest level since late February By Sophie Knight TOKYO, June 12 (Reuters) - The yen pulled back slightly on Wednesday...Tags: Nikkei, Central Bank, Germany, European Debt Crisis, Foreign Exchange Market
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Cyprus president criticizes bailout terms
ReutersNICOSIA (Reuters) - Cypriot President Nicos Anastasiades has launched scathing criticism over the terms of an international bailout which forced massive losses on bank deposits, saying the support lenders displayed to Greece was absent in the case of...Tags: International Monetary Fund, Cyprus, European Debt Crisis, Credit and Debt, Cypriot Banking Crisis (2013)
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Greek state broadcaster closed due to cuts
dpaATHENS, Greece The Greek government on Tuesday ordered the closure of the country's state television and radio broadcaster ERT due to austerity cuts, bringing an end to the 75-year-old operation. "The government has decided to close down ERT as of...Tags: Radio, International Monetary Fund, Germany, National Government, Television Industry
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ECB and Bundesbank square off over bond-buying plan
ReutersKARLSRUHE, Germany (Reuters) - The European Central Bank vigorously defended its bond-buying program in a German courtroom on Tuesday, arguing that the scheme many credit with saving the euro from collapse was within its mandate and had not spawned...Tags: European Debt Crisis, Justice System, Inflation and Deflation, National Government, Foreign Exchange Market
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GLOBAL MARKETS-Central bank fears trigger global selloff
Reuters* Investors retreat from shares, bonds and commodities * Yen jumps against dlr after BOJ leaves policy unchanged * US Treasury yields hit 14-month peak; European debt prices down * Oil, copper, gold all under pressure By David Gaffen NEW YORK, June...Tags: Nikkei, Central Bank, Foreign Exchange Market, Financial Markets, Stock Activities
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GLOBAL MARKETS-Central bank fears hit shares, commodities; yen soars
Reuters* Investors retreat from shares, emerging markets, commodities * Yen jumps vs dollar, euro after BOJ leaves policy unchanged * U.S. Treasury yields hit 14-month peak; European debt prices down * Oil, copper, gold all under pressure By Wanfeng Zhou and...Tags: Nikkei, Casino and Gambling Industry, Central Bank, Foreign Exchange Market, Financial Markets
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Central banks in focus as US high-grade backlog builds
ReutersBy Mike Gambale June 11 (IFR) - There's still plenty in the clogged-up bond pipeline heading into Tuesday, but most new US high-grade trades are expected to be put on hold yet again due to the volatility in Treasuries. Equity futures are down...Tags: Nikkei, Central Bank, Morgan Stanley Dean Witter & Company, Deutsche Bank AG, Sprint Nextel Corporation
Jun 12, 2013
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Jun 12, 2013
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Jun 11, 2013
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|Story| McClatchy-Tribune
Jun 11, 2013
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