European Central Bank correspondent, Frankfurt
Marc's Feed
Feb 5, 2014

Upbeat data help European shares hold gains

LONDON (Reuters) – Upbeat economic data helped European shares break a three-day run of losses on Wednesday, offsetting some unconvincing company earnings and jitters about emerging markets.

Overnight trading in Asia had been mixed despite a rebound on Wall Street, but January purchasing manager index (PMI) data helped settle European nerves before the European Central Bank’s monthly meeting on Thursday.

Feb 4, 2014

U.S. stocks rebound from rout, dollar rises

LONDON/NEW YORK (Reuters) – Wall Street stock prices rose on Tuesday, helping world shares steady after they hit a near four-month low, while the yen and U.S. and German government debt prices fell as jitters over emerging markets retreated.

Renewed bids for U.S. equities bolstered the dollar and oil and pared demand for gold.

Feb 4, 2014

Shares steadier as emerging market sell-off eases

LONDON (Reuters) – World shares steadied after falling to a near four-month low on Tuesday as a bounce in battered emerging market currencies and a positive start for Wall Street helped lift some of the recent gloom.

A weaker-than-expected report on U.S. factory activity had hit global equity markets and the dollar hard on Monday but European shares had clawed back most of their morning losses by the time Wall Street reopened.

Feb 4, 2014

Shares plunge as U.S. slowdown adds to EM woes

LONDON (Reuters) – World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets.

A weaker-than-expected report on U.S. factory activity hurt global equity markets and the dollar on Monday and left investors scurrying for traditional safe-haven assets such the U.S. and German government bonds and the Japanese yen.

Feb 4, 2014

Global shares plunge as U.S. slowdown adds to emerging markets woes

LONDON (Reuters) – World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets.

A weaker-than-expected report on U.S. factory activity hurt global equity markets and the dollar on Monday and left investors scurrying for traditional safe-haven assets such the U.S. and German government bonds and the Japanese yen.

Feb 4, 2014

Global shares plunge as U.S. slowdown adds to EM woes

LONDON (Reuters) – World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets.

A weaker-than-expected report on U.S. factory activity hurt global equity markets and the dollar on Monday and left investors scurrying for traditional safe-haven assets such the U.S. and German government bonds and the Japanese yen.

Feb 3, 2014

Euro dogged by ECB talk, emerging markets sell-off grinds on

LONDON (Reuters) – Growing pressure for more policy easing in the euro zone pinned the euro near a 10-week low on Monday while persistent tension in emerging markets drove Hungary’s forint to a 10-month trough and weighed on global stocks.

Stock markets in Europe .FTEU3 reflected the weak appetite for riskier assets as they slid 0.6 percent, following shares in Asia.

Feb 3, 2014

Euro dogged by ECB talk, EM sell-off grinds on

LONDON, Feb 3 (Reuters) – Growing pressure for more policy
easing in the euro zone pinned the euro near a 10-week low on
Monday while persistent tension in emerging markets drove
Hungary’s forint to a 10-month trough and weighed on global
stocks.

Stock markets in Europe reflected the weak appetite
for riskier assets as they slid 0.6 percent, following shares in
Asia.

Jan 31, 2014

Emerging market rout sees stocks heading for worst month in two years

LONDON (Reuters) – World shares tumbled towards their worst month in almost two years on Friday as turbulence engulfed emerging markets.

European and U.S. markets were unable to fight the flow with Europe’s main stock indexes suffering another torrid day and Wall Street opening down 1 percent on course for a second successive week of falls.

Jan 31, 2014

Euro sags before inflation data, EM steady after rout

LONDON (Reuters) – Emerging market stresses left world shares facing their first monthly losses since August on Friday, as euro zone inflation data likely to keep the pressure for rate cuts on the ECB pegged the euro near a two-month low.

Eurostat’s first reading of January inflation due at 1000 GMT alongside unemployment figures, is forecast to come in at 0.9 percent, less than half the European Central Bank’s optimal level.