European Central Bank correspondent, Frankfurt
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Dec 31, 2012

World stocks set to end year with gains of 15 percent

LONDON (Reuters) – World stocks were set to end the year up 15 percent but dipped on Monday as U.S. politicians prepared for last-minute talks to avoid a fiscal crunch of spending cuts and tax hikes that could drag down the world economy.

In Washington, the two political parties are set to hold further talks to try and find a way to avoid the $600 billion “fiscal cliff” due to kick in from the start of January.

Dec 31, 2012

Euro shares dip as fiscal cliff deadline nears

LONDON (Reuters) – World stocks were set to end the year up 15 percent but dipped on Monday as U.S. politicians prepared for last-minute talks to avoid a fiscal crunch of spending cuts and tax hikes that could drag down the world economy.

In Washington, the two political parties are set to hold further talks to try and find a way to avoid the $600 billion “fiscal cliff” due to kick in from the start of January.

Dec 28, 2012

World stocks dip as U.S. pushes to avoid ‘fiscal cliff’

LONDON/NEW YORK, Dec 28 (Reuters) – Global stocks edged
lower along with the euro on Friday as the White House and U.S.
lawmakers planned to make a late effort to avoid the U.S.
“fiscal cliff.”

Elsewhere, expectations that Japan will inject new stimulus
into its economy pushed the yen to a two-year low for a third
day.

Dec 28, 2012

World shares rise before U.S. budget talks

LONDON (Reuters) – World shares and the euro edged higher on Friday as U.S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan.

U.S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession.

Dec 28, 2012

Global shares rise before U.S. budget talks, yen at two-year low

LONDON (Reuters) – World shares and the euro edged higher on Friday as U.S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan.

U.S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession.

Dec 28, 2012

Shares rise before U.S. budget talks, yen at 2-yr low

LONDON, Dec 28 (Reuters) – World shares and the euro edged
higher on Friday as U.S. lawmakers prepared to resume
negotiations on avoiding a fiscal crisis, while the yen hit a
two-year low on the prospect of drastic monetary easing in
Japan.

U.S. President Barack Obama and lawmakers are set to have a
last round of talks before a New Year deadline to reach a deal
on averting major tax increases and spending cuts which could
drag the economy and others around the world into recession.

Dec 28, 2012

Yen hits two-year low, Asian shares rise on U.S. fiscal hopes

LONDON (Reuters) – World shares and the euro edged higher on Friday as U.S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan.

U.S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession.

Dec 27, 2012

World shares climb as “fiscal cliff” push awaited

LONDON (Reuters) – World shares and the euro edged higher on Thursday as U.S. lawmakers prepared to resume negotiations to avoid a fiscal crunch, while the yen hit a two-year low on the prospect of drastic monetary easing.

President Barack Obama will try to revive budget crisis talks which stalled last week when he returns to Washington on Thursday after cutting short his Christmas holiday in Hawaii.

Dec 27, 2012

European shares steady as “fiscal cliff” push awaited

LONDON (Reuters) – European shares were steady and the euro edged higher on Thursday, as U.S. lawmakers prepared to resume negotiations to avoid a fiscal crunch, while the yen hit a 21-month low on the prospect of drastic monetary easing.

Returning from the Christmas holiday break, European shares opened little changed at 1137 points, with London’s FTSE 100, Paris’s CAC-40 and Frankfurt’s DAX between 0.1 percent lower and 0.4 percent higher.

Dec 27, 2012

European shares steady, euro climbs as “fiscal cliff” push awaited

LONDON (Reuters) – European shares were steady and the euro edged higher on Thursday, as U.S. lawmakers prepared to resume negotiations to avoid a fiscal crunch, while the yen hit a 21-month low on the prospect of drastic monetary easing.

Returning from the Christmas holiday break, European shares opened little changed at 1137 points, with London’s FTSE 100, Paris’s CAC-40 and Frankfurt’s DAX between 0.1 percent lower and 0.4 percent higher.

    • About Marc

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