European Central Bank correspondent, Frankfurt
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Apr 16, 2014

World stocks up on China relief, Ukraine strains remain

LONDON (Reuters) – World stocks markets made broad gains on Wednesday after China reported economic growth a touch above forecasts and another low euro zone inflation reading spurred speculation about the European Central Bank’s policy options.

China’s economy grew 7.4 percent in the first quarter, from a year earlier, pipping forecasts of 7.3 percent and dashing speculation beforehand that growth would be nearer 7 percent after a string of recent soft numbers.

Apr 16, 2014

Global shares up on China relief, Ukraine strains remain

LONDON (Reuters) – Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.

China’s economy grew 7.4 percent in the first quarter, from a year earlier, pipping forecasts of 7.3 percent. That was welcome news to many given whisper numbers nearer 7 percent, following a string of soft numbers recently.

Apr 14, 2014

Ukraine tensions land fresh blow on struggling stocks

LONDON (Reuters) – Bruised share markets took a further battering on Monday on growing fears of military conflict in Ukraine.

Towns in eastern Ukraine were readying for military action from government forces after Kiev gave pro-Russian separatists a 9 a.m. (2 a.m. EDT) deadline to disarm and end their occupation.

Apr 9, 2014

Europe rides rebound in risk appetite, emerging markets shine

LONDON (Reuters) – Revived appetite for emerging markets helped Asian stocks hit a near six-month high on Wednesday, leaving Europe and other developed markets – where future stimulus looks increasingly uncertain – trailing.

It was an easier start for European bourses after a difficult couple of days during which tensions have escalated in Ukraine and the European Central Bank has tempered expectations of new mass asset-buying program.

Apr 8, 2014

Bruised gobal stocks steady before U.S. earnings start

LONDON (Reuters) – A three-day sell-off in world stocks slowed on Tuesday, with the U.S. earnings season about to start and gains in China signalling a return of emerging-market demand.

European shares and bonds both opened cautiously, amid renewed tension in Ukraine and signs the European Central Bank may not be as eager to begin large-scale stimulus as had been hoped.

Apr 8, 2014

Bruised stocks steady before U.S. earnings start

LONDON (Reuters) – A three-day sell-off in world stocks slowed on Tuesday, with the U.S. earnings season about to start and gains in China signaling a return of emerging-market demand.

European shares and bonds both opened cautiously, amid renewed tension in Ukraine and signs the European Central Bank may not be as eager to begin large-scale stimulus as had been hoped.

Apr 7, 2014

ECB will prime quantitative easing, but far from pulling trigger yet

BRUSSELS/LONDON (Reuters) – The European Central Bank will get ready to make large-scale asset purchases but is still a long way off embarking on such a plan and will first assess whether the inflation outlook has changed, ECB policymakers said.

Faced with inflation rates running far below its target, the ECB last week opened the door to turning on its money-printing presses with so-called “quantitative easing” (QE) to boost the euro zone economy.

Apr 7, 2014

ECB says will prime QE, but far from pulling trigger yet

BRUSSELS/LONDON (Reuters) – The European Central Bank will get ready to make large-scale asset purchases but is still a long way off embarking on such a plan and will first assess whether the inflation outlook has changed, ECB policymakers said.

Faced with inflation rates running far below its target, the ECB last week opened the door to turning on its money-printing presses with so-called “quantitative easing” (QE) to boost the euro zone economy.

Apr 7, 2014

ECB’s Mersch says must act fast to remove ABS stigma in Europe

LONDON, April 7 (Reuters) – Europe’s two biggest central
banks will join forces at the IMF’s Spring meeting this week to
shape new rules for securitising loans, which they hope will
help to revive lending to small and mid-sized companies.

Europe should push for reflecting the risks to banks’
capital requirements from loan securitisation, European Central
Bank Executive Board member Yves Mersch said on Monday.

Apr 7, 2014

ECB to have QE primed in case needed – Mersch

LONDON, April 7 (Reuters) – The European Central Bank is
drawing up plans for large-scale asset purchases in case they
are needed but there remains some way to go before that point,
one of bank’s policymakers said on Monday.

“The inflation and deflation risks are more or less level in
EMU area which means that we do not see an imminent risk of
deflation. However, we are ready to prepare for such a
situation,” Yves Mersch, one of the ECB’s six Executive Board
members said at conference organised by Clearstream.

    • About Marc

      "Having started my Reuters life on the sports desk I now tackle the big players in the central banking world"
      Hometown:
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