European Central Bank correspondent, Frankfurt
Marc's Feed
Jul 3, 2015

Chinese stocks meltdown shows no sign of ending

LONDON, July 3 (Reuters) – Emerging markets were
overshadowed on Friday by a third straight week of heavy falls
for Chinese stocks, though the pressure eased in the currency
markets after tepid U.S. jobs data halted the dollar’s upward
march.

Central and eastern Europe continued to be
weighed down by Greece’s problems and the worry that if it left
the euro it would trigger new wave of economic and banking
system distress that would impact the wider region.

Jul 2, 2015

Tepid payrolls sink dollar, boost Wall Street futures

LONDON, July 2 (Reuters) – Weaker-than-expected U.S. jobs
figures knocked the dollar off a three-week high on Thursday and
gave a lift to Wall Steet stock futures as the chances of a U.S.
rate hike as soon as September took a hit.

Non-farm payrolls increased by 223,000 in June, slightly
below the 232,000 forecast of economists polled by Reuters.

Jul 2, 2015

Dollar firms before payrolls, Greece unease simmers

LONDON (Reuters) – The dollar was near a three-week high on Thursday and world stock markets had a delicate feel, as the implication of U.S. jobs data later for a possible Fed rate hike added to Europe’s uncertainty over Greece.

Chinese shares also remained in focus as they suffered another heavy tumble overnight to take their loses over the last six weeks to 25 percent, countering otherwise solid performances in the rest of Asia’s main centres.

Jul 1, 2015

European shares rallies on revived hopes for Greek deal

LONDON (Reuters) – Global shares and peripheral euro zone bonds jumped on Wednesday as Greece’s prime minister signalled he was prepared to accept the bulk of the spending cuts demanded by the rest of the euro zone to keep his country afloat.

Alexis Tsipras wrote to the debt-ridden country’s international creditors to accept a bailout they had offered over the weekend – though there were caveats which prompted scepticism in some European capitals and kept a lid on market gains.

Jul 1, 2015

Europe rallies on revived hopes for Greek deal

LONDON, July 1 (Reuters) – Global shares and peripheral euro
zone bonds jumped on Wednesday as Greece’s prime minister
signalled he was prepared to accept the bulk of the spending
cuts demanded by the rest of the euro zone to keep his country
afloat.

Alexis Tsipras wrote to the debt-ridden country’s
international creditors to accept a bailout they had offered
over the weekend – though there were caveats which prompted
scepticism in some European capitals and kept a lid on market
gains.

Jul 1, 2015

Europe rallies on revived Greek deal hopes

LONDON, July 1 (Reuters) – Global shares and peripheral euro
zone bonds jumped on Wednesday as Greece’s prime minister
signalled he was prepared to accept the bulk of the spending
cuts demanded by the rest of the euro zone to keep the country
afloat.

Alexis Tsipras wrote to the country’s international
creditors to accept a bailout they had offered over the weekend
- though there were caveats which prompted scepticism in some
European capitals and kept a lid on market gains.

Jul 1, 2015

Global shares rise as investors hold nerve after Greek default

LONDON (Reuters) – European shares and peripheral euro zone bonds rose on Wednesday and the euro held its own as some investors kept faith with expectations that, despite defaulting on an IMF loan, Greece will find a way to stay inside the currency zone.

While an unwelcome milestone for Athens, the default came as no surprise to markets after weeks of debt-talk brinkmanship, and news that the bloc’s finance ministers were to hold another teleconference later, show the drama is far from over.

Jul 1, 2015

Shares rise as investors hold nerve after Greek default

LONDON, July 1 (Reuters) – European shares and peripheral
euro zone bonds rose on Wednesday and the euro held its own as
some investors kept faith with expectations that, despite
defaulting on an IMF loan, Greece will find a way to stay inside
the currency zone.

While an unwelcome milestone for Athens, the default came as
no surprise to markets after weeks of debt-talk brinkmanship,
and news that the bloc’s finance ministers were to hold another
teleconference later, show the drama is far from over.

Jun 30, 2015

Stocks cling to gains after roller coaster quarter

LONDON, June 30 (Reuters) – Emerging market stocks headed
for a small second quarter gain on Tuesday as roller coaster
moves in China, unease about Greece’s future in the euro and
political uncertainty from Brazil and Turkey to Ukraine and
Russia kept investors on their toes.

Central and eastern European bonds and stocks
steadied after the breakdown in Greek talks over
the weekend had seen them take a tumble on Monday as part of a
global sell-off.

Jun 30, 2015

China stocks hang on to 2015 top spot, euro bonds shock losers

LONDON, June 30 (Reuters) – Chinese shares remain the
strongest-performing assets of 2015 as the year hits the
half-way marker, while euro zone bonds are the surprise losers
despite a massive European Central Bank buying programme.

Investors who bought Shanghai-listed A shares may
have suffered a shock over the last month but they are still up
almost 30 percent on the year on a total return dollar basis,
thanks to a March to May surge and a gentle rise in the yuan.