European Central Bank correspondent, Frankfurt
Marc's Feed
Jul 25, 2014

Euro hit, shares subdued after downbeat Ifo

LONDON (Reuters) – World shares dipped on Friday having clawed their way back towards all-time highs after a week of largely reassuring economic signals but rising political tensions.

European markets opened with the region’s main bourses down 0.1 to 0.6 percent as investors digested the bloc’s latest sanctions for Russia and a flurry of data from German business confidence to UK growth.

Jul 23, 2014

Bundesbank chief urges Britain not to quit European Union

LONDON, July 23 (Reuters) – The head of the Bundesbank
appealed to Britain on Wednesday to stay in the European Union,
saying membership of the bloc had given the country an economic
lift and posed little threat to London.

In a speech to business people and bankers in central
London, Jens Weidmann broke the central bank’s traditional
silence on political questions, saying the European Union would
benefit if Britain “continues to make its voice heard”.

Jul 22, 2014

European stocks rebounds as Ukraine rebels hand over black boxes

LONDON (Reuters) – European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine’s pro-Russian separatists over the downed Malaysian Airlines plane.

After days of uncertainty, a train carrying the remains of some of the almost 300 victims was heading for Ukrainian government territory and flight recorders had been passed to Malaysian authorities by separatist leaders.

Jul 22, 2014

Europe rebounds as Ukraine rebels hand over black boxes

LONDON, July 22 (Reuters) – European markets rode a global
rebound in risk appetite on Tuesday helped by the first signs of
cooperation from Ukraine’s pro-Russian separatists over the
downed Malaysian Airlines plane.

After days of uncertainty, a train carrying the remains of
some of the almost 300 victims was heading for Ukrainian
government territory and flight recorders had been passed to
Malaysian authorities by separatist leaders.

Jul 18, 2014

Ukraine unrest, Gaza keep pressure on world stocks

LONDON (Reuters) – World markets remained under pressure on Friday after the downing of a Malaysian airlines jet at the Ukraine-Russia border, new sanctions on Moscow and unrest in Gaza had sent investors scurrying into defensive assets.

European shares saw more selling after falling heavily on Thursday, while German government bond yields remained near record lows, driven by uncertainty.

Jul 18, 2014

Ukraine unrest, Gaza keep pressure on shares, bonds steady

LONDON (Reuters) – World markets remained under pressure on Friday after the downing of a Malaysian airlines jet at the Ukraine-Russia border, new sanctions on Moscow and unrest in Gaza had sent investors scurrying into defensive assets.

European shares .FTEU3 saw more selling after falling heavily on Thursday, while German government bond yields DE10YT=TWEB remained near record lows, driven by uncertainty.

Jul 17, 2014

Global markets – New sanctions cause Russian shares and rouble to tumble

LONDON (Reuters) – The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose.

The rouble-traded MICEX stock market dropped 2.5 percent in early deals, its dollar-traded cousin, the RTS index, fell 3.2 percent and the rouble dropped as much as 1 percent against the dollar.

Jul 17, 2014

New sanctions cause Russian shares and rouble to tumble

LONDON, July 17 (Reuters) – The United States imposed its
toughest sanctions yet on Moscow on Wednesday, and Russian
stocks and the rouble tumbled on Thursday. Safe-haven assets
such as gold, yen and German bonds rose.

The rouble-traded MICEX stock market dropped 2.5
percent in early deals, its dollar-traded cousin, the RTS index
, fell 3.2 percent and the rouble dropped as much
as 1 percent against the dollar.

Jul 7, 2014

Dollar creeps higher as world equities prepare for earnings

LONDON (Reuters) – The dollar was on its strongest run since late October on Monday as the momentum of last week’s stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.

Weak manufacturing data from Germany took the wind out of European shares and the euro in early trading, but for the most part moves were minor and there was little reaction from the region’s bond markets.

Jul 7, 2014

Dollar creeps higher as equities prepare for earnings

LONDON (Reuters) – The dollar was on its strongest run since late October on Monday as the momentum of last week’s stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.

Weak manufacturing data from Germany took the wind out of European shares and the euro in early trading, but for the most part moves were minor and there was little reaction from the region’s bond markets.