European Central Bank correspondent, Frankfurt
Marc's Feed
Apr 2, 2014

Global shares extend rally, euro firm before ECB meets

LONDON (Reuters) – World share markets extended their rally on Wednesday as investors focused on the good news in a mixed bag of global economic data. The safe-haven yen fell to a 10-week low.

Trading was still cautious before Thursday’s meeting of the European Central Bank and Friday’s U.S. jobs numbers. Either could move markets significantly.

Apr 2, 2014

Shares extend rally, euro firm before ECB meets

LONDON, April 2 (Reuters) – World share markets extended
their rally on Wednesday as investors focused on the good news
in a mixed bag of global economic data. The safe-haven yen fell
to a 10-week low.

Trading was still cautious before Thursday’s meeting of the
European Central Bank and Friday’s U.S. jobs numbers. Either
could move markets significantly.

Apr 1, 2014

Reassuring Fed gets markets off to solid second-quarter start

LONDON (Reuters) – World stocks got off to a solid start in the second quarter, as reassuring remarks by the head of the Federal Reserve and stronger-looking emerging markets helped to keep their recent rally alive.

A flurry of merger-and-acquisition activity gave European bourses .FTEU3<0#.INDEXE> a 0.3 percent boost on Tuesday, putting them on track for a sixth straight day of gains after they faltered in February and March. .EU

Apr 1, 2014

Reassuring Fed gets markets off to solid Q2 start

LONDON (Reuters) – World stocks got off to a solid start in the second quarter, as reassuring remarks by the head of the Federal Reserve and stronger-looking emerging markets helped to keep their recent rally alive.

A flurry of merger-and-acquisition activity gave European bourses a 0.3 percent boost on Tuesday, putting them on track for a sixth straight day of gains after they faltered in February and March.

Mar 31, 2014

Optimistic IMF bets on third time lucky in Ukraine

LONDON (Reuters) – The International Monetary Fund should be ready to hand Ukraine the first $3 billion of a new aid package next month, the Fund’s top European official said on Monday, drawing a line under two failed programs with the country in recent years.

In an interview with Reuters Insider television, Director of the IMF’s European Department, Reza Moghadam, also called for the European Central Bank to step up its fight against low inflation and touched on the debate on debt relief for Greece.

Mar 28, 2014

Bleeding from emerging market equity funds comes to abrupt halt

LONDON, March 28 (Reuters) – The heavy outflow from emerging
market equity funds all but ceased in the last week data from
EPFR Global showed on Friday, a sudden halt that boosted hopes
the recent pounding of EM assets may be abating.

Dedicated emerging equity funds saw outflows of just $0.05
billion globally in the week to March 26, according to the
figures, which are released to clients late on Thursday.

Mar 26, 2014

Global shares hit two-week highs on upbeat U.S. data, Ukraine calm

LONDON (Reuters) – European and Asian shares climbed to two-week highs on Wednesday, with investor confidence getting a welcome boost from upbeat U.S. data, talk of fresh central bank stimulus and diminishing concern over Ukraine.

European stocks picked up where Asia left off. Early gains of 0.3 to 0.7 percent for London’s FTSE .FTSE Germany’s DAX and France’s CAC .FCHI lifted the region’s shares .FTEU3 to their highest March 12.

Mar 26, 2014

Shares hit 2-week highs on upbeat U.S. data, Ukraine calm

LONDON, March 26 (Reuters) – European and Asian shares
climbed to two-week highs on Wednesday, with investor confidence
getting a welcome boost from upbeat U.S. data, talk of fresh
central bank stimulus and diminishing concern over Ukraine.

European stocks picked up where Asia left off. Early gains
of 0.3 to 0.7 percent for London’s FTSE Germany’s DAX
and France’s CAC lifted the region’s shares
to their highest March 12.

Mar 25, 2014

China stimulus hopes, calmer Ukraine lift market mood

LONDON (Reuters) – Growing speculation that China may take steps to bolster growth, and efforts by the West to draw a provisional line under the Ukraine crisis, helped lift share and commodity markets out of their recent slump on Tuesday.

Wall Street clawed back the ground it had lost on Monday as trading resumed while European stocks were up almost 1.5 percent and on course for their biggest rise in almost a month.

Mar 25, 2014

European shares rebound; euro steady

LONDON (Reuters) – European shares rebounded on Tuesday as investors tried to take advantage of a drop in prices caused by geopolitical tensions and doubts about global growth.

Markets were encouraged by hopes of stimulus measures in China and by a growing consensus that a rift between the West and Russia was unlikely to get out of hand.