European Central Bank

European public and private workers have it better

2012-12-15 11:00:00

Jim Rogers ("Government workers deserve no sympathy," Dec. 11) denies sympathy to federal employees who complain about attacks on their pay and benefits. Truth is, federal employees have it good, like private-sector employees in those European "socialist"...

U.S. stocks end higher despite negative news much of year

2013-01-01 00:00:00

Despite all the cliff drama in the past week that sent stocks spiraling downward, all three major U.S. stock indices ended the year higher — which might come as a surprise to many investors U.S. stocks rallied Monday in the last hours of trading...

Dollar, German bond yields ease before Bernanke

2013-05-22 02:32:02

LONDON (Reuters) - The dollar and benchmark German debt yields eased on Wednesday as expectations hardened that the head of the U.S. central bank will later in the day signal no tapering back of its ultra-loose monetary policy. Two senior Federal Reserve...

ECB FOCUS-Target2 charts progress since Draghi's save the euro pledge

2013-05-22 01:38:02

By Sakari Suoninen FRANKFURT, May 22 (Reuters) - Almost a year after ECB President Mario Draghi vowed to do whatever it takes to save the euro, a key indicator of euro zone tension is much diminished and economic recovery will likely bring further...

Dollar treads water as investors await Bernanke testimony

2013-05-21 23:07:02

TOKYO (Reuters) - The dollar languished well below last week's 4-1/2-year high against the yen on Wednesday, ahead of testimony from the U.S. Federal Reserve chief after two regional Fed presidents hinted that the central bank will continue its bond-...

Fed's Bullard recommends euro zone consider QE

2013-05-21 11:43:02

FRANKFURT (Reuters) - A top Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing program to counter slowing inflation and recession in the euro zone. The ECB has engaged in bond...

ECB's Liikanen urges open mind on asset-backed securities

2013-05-21 06:19:02

HELSINKI (Reuters) - The European Central Bank must keep an open mind on all policy tools, including buying asset-backed securities (ABS), to get lending flowing to small businesses, Governing Council member Erkki Liikanen said on Tuesday. The ECB's...

European share rally stalls on doubts about Fed support

2013-05-21 04:18:02

* FTSEurofirst 300 down 0.4 pct, Euro STOXX 50 falls 0.5 pct * Market worries that U.S. central bank may trim QE programme * Most traders still positive on shares over longer term * Go short on Euro STOXX futures, says Nomura By Sudip Kar-Gupta...

FUND VIEW: For BlackRock income fund manager, stocks boost yield

2013-05-21 05:31:02

By David Randall NEW YORK, May 21 (Reuters) - Rick Rieder, the head of fixed income at fund giant BlackRock, doesn't run your average bond fund. In his $5.7 billion Strategic Income Opportunities fund , Rieder takes an active trading approach that can...

METALS-Copper slips on worries Fed will turn off bond-buying tap

2013-05-19 18:58:02

SINGAPORE, May 20 (Reuters) - London copper slipped on Monday after a jump in U.S. consumer confidence raised prospects the country could begin trimming its bond-buying program, eroding metals' allure for investors, against a backdrop of slowing growth in...

UK should get on front foot with City

2013-05-20 01:50:03

LONDON, May 20 (Reuters Breakingviews) - It is perhaps too much to expect Britain's Conservative-led government to head any initiatives on Europe, such is the orgy of self-destruction in the party over whether the UK should stay in the European Union....

GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk

2013-05-17 13:27:03

* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...

The euro logo is incorporated in a sculpture in front of the European Central Bank in Frankfurt, Germany.

2013-02-07 00:00:00

European Central Bank President Mario Draghi earlier this month. On Thursday, Draghi said the ECB would "do whatever it takes to preserve the euro."

2012-07-26 08:24:00