European Central Bank correspondent, Frankfurt
Marc's Feed
Dec 4, 2013

Shares slide ahead of U.S. data crunch

LONDON, Dec 4 (Reuters) – World shares fell for a third day
on Wednesday and gold was at a five-month low, with focus back
on the risks of the U.S. Federal Reserve starting to trim its
bond-buying economic stimulus as soon as this or next month.

The to-and-fro of when the Fed will begin to halt the flow
of cheap dollars has dominated trading worldwide for months and
a run of data ending in the main U.S. jobs indicator – non-farm
payrolls – on Friday may yet tip the balance again.

Dec 3, 2013

Stocks tumble on U.S. stimulus watch; Treasuries up

NEW YORK/LONDON, Dec 3 (Reuters) – Fear that the U.S.
Federal Reserve will scale back its stimulus as the economy
recovers drove world stock markets down for a second straight
day on Tuesday, with Europe taking its worst hit since August,
while Treasury prices rose modestly.

Investors expect the Fed to start paring its $85
billion-a-month program if Friday’s U.S. jobs report for
November shows encouraging growth. Many think a cut-back could
come in March, though some expect it by January, after U.S. data
on Monday pointed to steadying growth.

Dec 3, 2013

World stocks jittery over U.S. stimulus, BOJ talk crops yen

LONDON (Reuters) – World shares fell for a second day and gold was near a five-month low on Tuesday, as concern the U.S. will soon scale back its economic stimulus offset reports that Japan would ramp up its own stimulus.

Upbeat U.S. economic data on Monday suggested the Federal Reserve is tilting towards reducing its bond-buying programme. Then signs the Bank of Japan will shovel more cheap money into its economy saw the yen slide and pushed Japanese stocks towards a six-year high.

Dec 3, 2013

Global shares jittery over U.S. stimulus, BOJ talk crops yen

LONDON (Reuters) – World shares fell for a second day and gold was near a five-month low on Tuesday, as concern the U.S. will soon scale back its economic stimulus offset reports that Japan would ramp up its own stimulus.

Upbeat U.S. economic data on Monday suggested the Federal Reserve is tilting towards reducing its bond-buying program. Then signs the Bank of Japan will shovel more cheap money into its economy saw the yen slide and pushed Japanese stocks towards a six-year high.

Dec 3, 2013

Shares jittery over U.S. stimulus, BOJ talk crops yen

LONDON, Dec 3 (Reuters) – World shares fell for a second day
and gold was near a five-month low on Tuesday, as concern the
U.S. will soon scale back its economic stimulus offset reports
that Japan would ramp up its own stimulus.

Upbeat U.S. economic data on Monday suggested the Federal
Reserve is tilting towards reducing its bond-buying programme.
Then signs the Bank of Japan will shovel more cheap money into
its economy saw the yen slide and pushed Japanese stocks towards
a six-year high.

Dec 2, 2013

World stocks, euro rattled

LONDON (Reuters) – World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.

European shares had a choppy start as traders digested the data. Sterling hit a five-year high as optimism about Britain’s recovery heightened expectations interest rates would soon rise from their record low.

Dec 2, 2013

Shares, euro rattled but sterling drives higher

LONDON (Reuters) – World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.

European shares had a choppy start as traders digested the data. Sterling hit a five-year high as optimism about Britain’s recovery heightened expectations interest rates would soon rise from their record low.

Dec 2, 2013

Global shares, euro rattled but sterling drives higher

LONDON (Reuters) – World shares dipped and the dollar strengthened on Monday, as investors waited for key U.S. data this week after a decent reading on China manufacturing and some mixed euro zone PMIs.

European shares had a choppy start as traders digested the data. Sterling hit a five-year high as optimism about Britain’s recovery heightened expectations interest rates would soon rise from their record low.

Nov 29, 2013

World stocks near 6-yr high, U.S. crude oil rebounds

LONDON/NEW YORK (Reuters) – A major index of world equities rose to near a six-year high on Friday, helped by gains in U.S. stocks, on faith in an improving global economy and support from central banks, while U.S. crude oil rebounded from recent declines.

The U.S. stock market rose in light trading in what will be an abbreviated session following Thursday’s Thanksgiving holiday. The S&P 500 has gained 27 percent so far in 2013, with the seasonally strong month of December to come.

Nov 29, 2013

World shares near 6-year high, euro firm ahead of inflation

LONDON (Reuters) – World stocks hovered around a six-year high on Friday as the faith in an improving global economy and support from central banks drove markets towards a third straight month of gains.

The Nikkei in Tokyo notched up its best November since 2005 despite some late profit taking in Asia, as the yen, at a five-year against the euro and a six-month low versus the dollar, boosted hopes for its big exporting firms.

    • About Marc

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