NEW YORK, Sept 12 (Reuters) – Stocks rose and the euro
climbed to a four-month peak against the dollar o n W ednesday
after Germany’s Constitutional Court approved the euro zone’s
new rescue fund, easing concerns about the region’s debt crisis
and leaving markets focused on prospective further easing by the
U.S. Federal Reserve.

The German court approval also boosted global stocks and cut
borrowing costs for Spain and Italy.

NEW YORK, Sept 12 (Reuters) – U.S. stocks rose and the euro
climbed to a four-month peak against the dollar on Wednesday
after Germany’s Constitutional Court approved the euro zone’s
new rescue fund, easing concerns about the region’s debt crisis
and leaving markets focused on prospective further easing by the
Federal Reserve.

While the German court approval was made with some
conditions, it was enough to boost global stocks and cut
borrowing costs for Spain and Italy.

NEW YORK, Sept 12 (Reuters) – The euro saw a new four
month high on Wednesday after Germany’s top court gave a green
light to Europe’s new bailout fund, while hopes for more
monetary stimulus from the Federal Reserve at its Thursday
meeting supported stocks in U.S and Europe.

Germany’s Constitutional Court cleared the way for the
country to ratify the European Stability Mechanism (ESM),
boosting hopes that the single currency bloc is finally putting
in place the tools to resolve its three-year old debt crisis.

NEW YORK, Sept 12 (Reuters) – U.S. stocks opened higher and
global shares reached a five-month high after Germany’s top
court gave its go-ahead to the euro zone’s new rescue fund and
the market anticipated more liquidity from the U.S. Federal
Reserve.

The German Constitutional Court allowed Germany to ratify
the new rescue fund and budget, but gave parliament veto powers
over future increases in the size of the fund.

NEW YORK (Reuters) – U.S. and European stocks rallied, Treasuries slipped and the dollar weakened o n T uesday on expectations a German court would not interfere with a euro zone rescue plan and that the Federal Reserve would again ease U.S. monetary conditions.

Although Moody’s credit rating agency said it might have to cut its triple-A rating on U.S. government debt, an auction of U.S. three-year Treasury notes drew aggressive bids.

NEW YORK, Sept 11 (Reuters) – U.S. and European stocks
rallied, Treasuries slipped and the dollar weakened o n T uesday
on expectations a German court would not interfere with a euro
zone rescue plan and that the Federal Reserve would again ease
U.S. monetary conditions.

Although Moody’s credit rating agency said it might have to
cut its triple-A rating on U.S. government debt, an auction of
U.S. three-year Treasury notes drew aggressive bids.

NEW YORK, Sept 11 (Reuters) – Stocks in the U.S. and Europe
rallied, Treasuries slipped, and the U.S. dollar weakened on
Tuesday on expectations a German constitutional court would not
interfere with a euro zone rescue plan and that the Federal
Reserve would again ease monetary conditions this week.

The prospect of Fed easing weighed on the U.S. dollar since
it pointed to lower returns on dollar-demonimated assets. In
addition, the view that the German court would approve the ESM
or euro zone bailout fund helped the euro reach a four-month
high versus the dollar.

NEW YORK (Reuters) – U.S. stocks opened higher on Tuesday on expectations a German constitutional court would not stand in the way of a euro zone rescue plan and that the Federal Reserve would undertake more monetary easing aimed at boosting U.S. employment growth.

The prospect of Fed easing weighed on the U.S. dollar though, allowing the euro to reach a four-month high.

NEW YORK, Sept 11 (Reuters) – U.S. stocks opened higher on
Tuesday on expectations a German constitutional court would not
stand in the way of a euro zone rescue plan and that the Federal
Reserve would undertake more monetary easing aimed at boosting
U.S. employment growth.

The prospect of Fed easing weighed on the U.S. dollar
though, allowing the euro to reach a four-month high.

NEW YORK (Reuters) – U.S. stocks slipped on Monday while the euro dipped below four-month highs before potential new stimulus from the U.S. Federal Reserve and the European Central Bank.

Markets are awaiting the Fed’s decision at the end of its two-day policy meeting on Thursday and, a day earlier, a German constitutional court ruling on whether Germany may contribute to the euro zone’s rescue fund. The ruling is crucial to the ECB’s plan to contain the borrowing costs of Spain and Italy.