European Central Bank News

Jun 14, 2013   |   gmanews.tv Palace not worried with stock market dip image

Despite Thursday's dramatic drop in the Philippine Stock Exchange (PSE) index, which came amid the Aquino administration's pronouncements of economic gains, the public has nothing to fear as far as the economy is concerned, a...

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Jun 14, 2013   |   irishtimes.com Euro zone inflation rises image

Consumer price growth quickened to 1.4 per cent from 1.2 per cent in April First published: Fri, Jun 14, 2013, 13:06 Euro zone inflation accelerated in May, led by the Netherlands, adding to signs the currency bloc’s economy is... All similar articles: 357 »

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Jun 14, 2013   |   rt.com Eurozone unemployment leaves 19.4mn jobless, 7 year high image

Just days after French President Francis Hollande announced the euro crisis was over, employment across the Eurozone collectively shrank 0.5 percent in the first quarter, bringing levels to their lowest in seven years. Read... All similar articles: 96 »

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Jun 14, 2013   |   redliontrader.com Spanish banks borrowed EUR 259.3bln from ECB in May, according to the central bank

Spanish banks borrowed EUR 259.3bln from ECB in May, according to the central bank Print 08:07 – European Equities - Source: Newswires 15:55, 13 Jun 2013 Zodiac Aerospace (ZC FP) 9-Month Revenue EUR 2.84bln vs. Exp. EUR...

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Jun 14, 2013   |   bullfax.com 'Animal Spirits' to Lift U.K.

A tentative revival in "animal spirits" should help the U.K. economy keep growing this year provided recovery isn't knocked off course by fresh upheavals in financial markets or the euro zone, a Bank of England policy maker said.

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Jun 14, 2013   |   fxstreet.com What will determine EUR/USD performance in the near term? image

Michael Hewson , Senior Market Analyst at CMC Markets , on the EUR I believe Europe can expect a slow recovery and a gradual improvement over the coming weeks Despite the fact that the Euro region remains in recession, recent... All similar articles: 423 »

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Jun 14, 2013   |   albuquerqueexpress.com ECB in court and Turkeys economy in danger

ECB in court and Turkey's economy in danger? Euro News Friday 14th June, 2013 Germany’s constitutional court has been looking into the legality of the European Central Bank’s bond-buying programme. Under the plan, the New... All similar articles: 350 »

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Jun 14, 2013   |   wsj.com Warnings Lurk in the Euro Zone’s Current Account image

A euro sign sculpture stands outside the European Central Bank headquarters in Frankfurt, Germany Bloomberg News Optimists see hopeful signs in the euro zone, not least because current-account deficits in the struggling member...

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Jun 14, 2013   |   worldblog.eu Deliberations begin as hearings draw to a close in Karlsruhe

The hearing at the German Constitutional Court into claims against the ECB’s crisis policies is now over. Day one saw verbal jousting between the two men to the left (Bundesbank President Jens Weidmann and ECB Executive Board...

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Jun 14, 2013   |   cyprus-mail.com ‘Playing PR games with the troika could backfire’

By Stefanos Evripidou THE GOVERNMENT’S efforts to apply pressure on the troika to stop the downward spiral of Cyprus’ banking system could backfire, warned one economist, as confidence in the banks took another battering...

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Jun 14, 2013   |   europa.eu Speech Jörg Asmussen: Reintegrating financial markets image

Speech by Jörg Asmussen, Member of the Executive Board of the ECB, at the General Assembly of the European Savings Banks Group, Berlin, 14 June 2013 Gentlemen, Thank you for inviting me to speak today. Let me start by reviewing...

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Jun 14, 2013   |   qualitystocks.net Gold Moves Tied to the Federal Reserve image

Over the past few years, the moves in gold and other precious metals have become tied more and more closely to the actions of the world’s major central banks. As the Federal Reserve, European Central Bank, and, most recently,... All similar articles: 1116 »

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Jun 14, 2013   |   cnbc.com Why Odds Are Stacked Against Euro

Published: Friday, 14 Jun 2013 | 5:11 AM ET By: Rajeshni Naidu-Ghelani | Assistant Producer, CNBC The euro has gained more than 4 percent against the U.S. dollar since mid-May, but forex analysts tell CNBC that the single...

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Jun 14, 2013   |   fx-mm.com US retail sales increase image

Publication date: 14 June 2013 Author: Davide Ugolini, Currencies Direct Retail sales in the US increased by more than expected in May. The figure was boosted by purchases of new cars helping the figure advance at its fastest... All similar articles: 894 »

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Jun 14, 2013   |   uaindex.net ECB: Banks to repay EUR 3.18 bln next week

The European Central Bank on Friday said banks that participated in long-term refinancing operations will repay EUR 3.188 billion next week. Two banks will pay EUR 3.008 billion from the first three-year LTRO on June 19 and 2...

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Jun 14, 2013   |   ibtimes.co.uk Euro zone inflation off three-year lows, fall in employment deepens image

Prices of electricity, fruit and vegetables lifted the euro zone inflation off its three-year low in May, while the single currency bloc's record high jobless rate showed in its deepening inability to create jobs in the first... All similar articles: 272 »

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Jun 15, 2013   |   bullfax.com Saturday Papers: Tucker joins Hester in heading for exit

And British banks are among 20 international banks disciplined by Singapore authorities after traders attempted to rig key interest and currency rates. KOTOK: 'Negative Interest Rates Are The Ultimate In Market Distortions'... All similar articles: 1763 »

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Jun 14, 2013   |   reuters.com ECB funding for Irish banks falls 11 pct in May

DUBLIN, June 14 (Reuters) - The reliance of Irish banks on emergency funding from the European Central Bank (ECB) fell by 11 percent in May from a month earlier, with outstanding loans dropping to 46.9 billion euros, the...

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Jun 14, 2013   |   foxbusiness.com European Markets Mixed at End of Trading Week

BGC Partners’ Mike Ingram on the stories moving the markets overseas. [0:01:04] ... highest court is wrapped up a hearing now over whether the European central bank's bond buying program over steps its mandate do you think that...

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Jun 14, 2013   |   minyanville.com Buzz on the Street: Investors Prepare for Fed Announcement After Volatile Week image

By Minyanville Staff Jun 14, 2013 2:33 pm A look back at the happenings on Wall Street this week, as seen by Minyanville's Buzz & Banter. All day and every day, some of the stock market's best and brightest traders and money...

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Jun 14, 2013   |   forex-star.net EUR/USD Holding Near The Recent Top Even As Global Tensions Ease image

Sunrise Market Commentary Rates: Consolidation continues Core bonds eked out nice gains despite stronger US eco data, a weak US 30-year bond auction and recovering equities. At the end of the session, core bonds got an extra... All similar articles: 231 »

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Jun 14, 2013   |   philstockworld.com Five Stonking Crashes

Courtesy of The Automatic Earth . Photo top: Dorothea Lange Broke, Baby Sick February 1937 "Tracy (vicinity), California. U.S. Highway 99. Missouri family of five, seven months from the drought area. Broke, baby sick, car...

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Jun 15, 2013   |   zimbabwestar.com A Chance to Do Better on Greece

The International Monetary Fund now has a chance to show what it has learned from past policy mistakes on Greece, mistakes it acknowledged last week. This week a delegation from the fund, the European Central Bank and the...

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Jun 14, 2013   |   ewallstreeter.com Two Cheers For The IMF image

Let me recommend Daniel Davies' defense of the IMF on Greece in the wake of the IMF's after action report on the situation. But let me also add something that he didn't say but that a couple of MEPs from "peripheral" countries...

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Jun 15, 2013   |   forextop.info Dollar Suffers Repeat of Worst Week in 17 Months Ahead of Fed image

Dollar Suffers Repeat of Worst Week in 17 Months Ahead of Fed Japanese Yen: Officials Hope for Calm after FOMC Rate Decision Euro Event Risk Looks to Update Growth, Bailout Effort, Cohesion Australian Dollar’s First Weekly...

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Jun 14, 2013   |   cmegroup.com TradeTheNews.com EU Market Update: Sense of calm returns to markets image

Notes/Observations*** - Concerns about the winding down of the US Federal Reserve's bond purchases eased - Euro Working Group meets informally in Rome on to discuss how the European Stability Mechanism would help troubled...

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Jun 14, 2013   |   seekingalpha.com J.P. Morgan Funds: European Equities -- Even Better Days Ahead?

Jun 14 2013, 07:45 by: J.P. Morgan Funds | includes: By Joseph Tanious, CFA Global Market Strategist J.P. Morgan Funds Today, 368 of the world's 500 largest companies are domiciled outside the U.S. (Fortune, July 2012) and the...

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Jun 14, 2013   |   portugaldailyview.com President: Portugal needs sign that it can benefit from ECB

P resident Cavaco Silva said in Brussels on Thursday that the European Central Bank (ECB) needs to send out a “sign” that Portugal can benefit from the institution’s interventions in the secondary debt market . “I also think...

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Jun 14, 2013   |   eurotopics.net Bundesbank rails needlessly against ECB | El País - Hiszpania

Deutsche Bundesbank President Jens Weidmann criticised the European Central Bank's bond-buying programme before Germany's Federal Constitutional Court on Tuesday. The judges are currently trying to determine whether the ECB's...

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Jun 14, 2013   |   forextop.info Euro and Pound Decline Contradicts Rise in European Equities image

EUROPEAN SESSION UPDATE: Profit taking may be responsible for the pause in the single currency rally; annual inflation estimated below the ECB target… What’s eating the Euro and Pound in the final trading day this week? That...

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