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Thursday, August 22, 2019

Tag: ECB

Eurozone inflation slows further

Revised figures from the Eurostat agency show prices across the 19-nation single currency area showing inflation falling from 1.3% in June and from 2.2% a year earlier.

ECB survey shows inflation expectations slipping

Forecasts for inflation among the experts surveyed fell by 0.1 percentage point in each of the coming three years.

ECB chief Draghi ‘not available’ to lead IMF

He adds that he was 'very honoured' that his name should have come up as a possible candidate.

ECB set to sketch path for new stimulus

Expectations for a possible cut at the summer gathering have been heightened in recent weeks by the ECB itself talking up the possibility of action.

Draghi prepares his legacy for like-minded Lagarde as ECB meets

Draghi will this week lead a policy meeting that’s widely expected to set the stage for a September interest-rate cut and a possible resumption of quantitative easing.

Lagarde must shift ECB policy, says German party chief

Annegret Kramp-Karrenbauer says she expects Christine Lagarde to uphold the ECB’s mandate for independence and an inflation target of 2%.

Europe needs to find candidate to head IMF

Traditionally the Washington-based IMF has been led by a European, while its sister institution the World Bank has been run by an American.

Asian markets plunge as ECB, China fan global outlook fears

Oil prices are down around 1% as the prospect of a global slowdown weighs on expectations for demand for the black gold.

Oil prices slide as economic outlook darkens, US supply surges

A slowdown in economic growth will likely dent fuel demand, putting pressure on prices.

Nikkei tumbles to 3-week low on worries about EU economic growth

All of the Topix's 33 subsectors were in the red, with cyclical stocks such as shippers and machinery firms leading the losses.

US stocks tumble on weak ECB outlook

The declines came after the ECB slashed its 2019 economic growth and inflation forecasts.

ECB eyes data as European slowdown proves `significant’, Villeroy says

The extent of the weakness at the end of 2018 has taken policymakers by surprise, with Italy entering recession and Germany narrowly avoiding the same fate.

US stocks rise as ECB cuts growth forecasts

Tech-heavy Nasdaq was up nearly 1% at 7,098.31, putting the index on track to post a third straight day of gains.

Stokes and Hales fined but free to play for England

Stokes was handed an eight-match ban, while Hales was given a six-match ban from England white ball (one day) matches.

ECB: Global trade war would threaten financial stability

The ECB says the symmetric reaction between the US and the euro area suggests that markets view increases in tariffs as a lose-lose situation for all involved.

ECB’s Draghi told Italy’s Tria to stick to fiscal discipline beyond...

Draghi - a former Italian central bank governor - warned that Italy's high debt and low growth would require a level of responsibility that goes beyond EU rules.

ECB study: Digitalisation cuts labour costs, services inflation

Service providers, especially retailers, were more inclined to see the adoption of digital technologies by others as putting downward pressure on their sales prices.

UK, German banks struggle in EU ‘stress tests’

The European Banking Authority and European Central Bank says stress-tests show Europe's banks in better shape.

ECB dismisses spot-fixing allegations

The Al Jazeera television network said it had uncovered evidence of corruption in international cricket.

Strauss steps down as ECB director of cricket

Andrew Strauss left the position after three and a half years.

ECB urges stronger EU powers on money laundering, governments cautious

The 28-nation bloc is grappling with a string of high-profile cases of money laundering at banks in several member states, including Estonia, Denmark, the Netherlands, Luxembourg, Malta and Latvia.

Merkel eyes German EU chief

The paper said Germany's leader views the head of the Commission as more politically relevant than the same role within the ECB.

Stokes should make instant return for England, says Hussain

The 27-year-old was found not guilty on Tuesday before the England and Wales Cricket Board (ECB) recalled him for the third test against India which starts in Nottingham on Saturday.

Trump-Juncker trade talks ‘good sign’, says ECB chief Draghi

European Central Bank chief Mario Draghi lauded the meeting between US President Donald Trump and European Commission president Jean-Claude Juncker.