European Central Bank

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Latest blogosphere posts tagged “European Central Bank”

  • EUR Stays Weak vs. the U.S Dollar


    Forex Trading Education : Forex Trading Blog by FOREXYARDAuthority Authority: 138
    The European single currency continued to weaken Monday on expectations the U.S. economy may recover more quickly than Europe. The single currency has been pressured by concerns about the fiscal health of some countries on the Euro-Zone periphery following recent rating agency downgrades on Greek debt.The EUR was down ...
    18 hours ago
  • Economists With Their One-stop Solution: Stimulate Consumer Spending


    The Daily Reckoning AustraliaAuthority Authority: 524
    When the price of oil hit $150 a barrel, the first major alarm sounded. Something was wrong. Now we have a clearer idea of what it was. To make a long story short, leading economists have a one-stop solution for just about everything: stimulate consumer spending. But $150 oil warned us: continue down that road and ...
    1 day ago
  • What A Wonderful World.........


    I Intend To Escape ......................And Come BackAuthority Authority: 127
    "The European Central Bank (ECB) yesterday gave itself the go-ahead to build a new €1bn (£890m), 48 storey HQ....... The proposed design in Frankfurts rundown east end has two twisted interlocking towers built around the citys former wholesale fruit and vegetable market, used by the Nazis as a collection point ...
    3 days ago
  • The European AIG: How Moodys Downgrade Of Greece Can Start The Avalanche


    zero hedgeAuthority Authority: 742
    As one so vividly remembers, probably the key catalyst that set off the chain of events last fall following the collapse of Lehman were the closed loop (and much delayed) downgrades of AIG, which in a span of hours went from AAA to much lower, thus springing various collateral requirements which the company could not ...
    3 days ago
  • Yen Falls on BOJ Low Rates Policy


    Forex NewsAuthority Authority: 137
    The Japanese currency fell today versus the 6 main traded currencies in foreign-exchange markets after the nation’s financial authority followed the global trend among wealthy nations and ruled out rate hikes for the short-term future, declining attractiveness for the Asian currency.(...) Read the rest of ...
    3 days ago
  • High & Low Finance: A Greek Bearing Promises


    NYT > TheaterAuthority Authority: 901
    Prime Minister George A. Papandreou has promised to reduce Greece’s budget deficit to 3 percent of G.D.P. by 2013, from an estimated 12 percent in 2010.
    4 days ago
  • Merk Commentary: Fed is Easing – Reality Check


    Jutia GroupAuthority Authority: 584
    At the end of its scheduled two-day meeting, the Federal Reserve’s Open Market Committee (FOMC) confirmed it will leave its target range for the federal funds rate unchanged and is on schedule to phase out various special liquidity programs. The Fed also confirmed it will continue to buy mortgage ...
    4 days ago
  • Frontrunning: December 17


    zero hedgeAuthority Authority: 742
    Weil: Five lessons for next time banks come begging ( Bloomberg ) Wake up call for the Fed: ECB to start consulting banks, investors on collateral ( Bloomberg ) Ex-wife sues Steve Cohen, claims he was involved in insider trading ( WSJ ) Goldman driving YRC Trucking into bankruptcy, Hoffa says ( HuffPo ) Democrats ...
    4 days ago
  • Daily Highlights: 12.17.09


    zero hedgeAuthority Authority: 742
    Asian currencies decline, led by Won, Peso, as US recovery boosts dollar. China stocks fall on new share sales, worst losing streak since September. Dollar rose to a 3-month-high against the euro FOMC remarks. ECB said to start consulting Banks, investors on collateral transparency. Fed signals markets return to ...
    4 days ago
  • International Panel Proposes Raising Bank Capital Requirements


    NYT > TheaterAuthority Authority: 901
    Banks would have to set aside more capital by the end of 2012 to provide greater protection against downturns, under proposals released by international financial regulators.
    4 days ago
  • Is The Fed About To Announce An Increase In The Discount Rate?


    zero hedgeAuthority Authority: 742
    One of the things that spooked the market yesterday was not so much any concerns of tightening language in todays FOMC statement, as much as a rumor that the Fed was planning on bumping up the discount rate. Krishna Guha, in a blog post, wondered , "might the Fed raise the discount rate at this week’s policy ...
    5 days ago
  • Papandreous real route to recovery | Matina Stevis


    The Guardian - guardian.co.ukAuthority Authority: 986
    The markets reaction to the Greek PMs fiscal plans should not deter him: default will not be avoided by the austerity they seek On Monday night the Greek prime minister George Papandreou addressed representatives of trade unions and business groups in Athens in a speech that was meant to mark the beginning of the ...
    5 days ago
  • Will Irelands pain turn to rage as spending is cut to the bone?


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 966
    The government in Ireland has survived by implementing a strategy not to divide and rule, but simply to divide, writes Sarah Carey.
    6 days ago
  • Will Irelands pain turn to rage as spending is cut to the bone?


    Daily Telegraph | Telegraph.co.ukAuthority Authority: 966
    The government in Ireland has survived by implementing a strategy not to divide and rule, but simply to divide, writes Sarah Carey.
    6 days ago
  • The Four Things That Keep Morgan Stanleys Teun Draaisma Up At Night


    zero hedgeAuthority Authority: 742
    As Europe continues shouldering the burden of the devaluing dollar, courtesy of a Euro that just wont quit, even as the Eurozone is constantly putting out fires in its own backyard ( Greece , Hypo , Latvia , ongoing downgrades), the optimism over European prospects is now more pervasive than ever. In a report titled ...
    1 week ago
  • When Do Our Bankers Get Their Scolding?


    Why We WorryAuthority Authority: 127
    The right wing in the US likes to joke about the weakness and effeminate nature of Europeans but at least those Europeans are taking principled stances on banker bonuses and the selfish financial industry in general. On Friday, the President of the European Central Bank addressed them : Mr Trichet said financial ...
    1 week ago
  • No More Failures Ever As Moral Hazard Goes Global: Austrias Hypo Alpe Adria Nationalized


    zero hedgeAuthority Authority: 742
    The only way to maintain the global Ponzi bubble as insiders cash out in ever increasing droves has now become a wave of rolling bailouts not only in the US, but across the entire world. The latest little casualty that could: Austrias Hypo Group Alpe Adria, the countrys fifth largest bank by assets, which was ...
    1 week ago
  • With Dubai Temporarily Contained, All Eyes Shift To Greece


    zero hedgeAuthority Authority: 742
    Today at 7pm, Greek Prime Minister George Papandreou will address “the economy, theproductive model, the credibility of the state mechanism, theconfidence of our European partners and, above all, the dailylife and prospects of Greeks." The reason for this extraordinary measure (keep in mind this is Greece, not ...
    1 week ago
  • Greece fights to regain global confidence


    The Guardian - guardian.co.ukAuthority Authority: 986
    • Tough measures pledged to revive struggling economy • Charm offensive by ministers to calm markets • Finance minister prepares to face domestic unrest Greece will attempt today to claw back some of its lost credibility with the EU and other international financial institutions by outlining drastic ...
    1 week ago
  • France Follows Britain on Bonuses


    NYT > TheaterAuthority Authority: 901
    The head of the European Central Bank attacked the “so-called bonus culture” at banks as leading to selfishness.
    1 week ago

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