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ECB 'ready to act' on strong euro: board member

Jean-Philippe Lacour, Agence France-Presse
Posted at Sep 16 09:54 PM

The European Central Bank is "ready to act" to rein in the euro as it rises against the dollar, a member of the ECB's executive board told AFP. Read more »

Spectres of deflation, virus haunt ECB meeting

Ed Frankl, Agence France-Presse
Posted at Sep 07 05:16 PM

The European Central Bank is expected Thursday to prepare the ground for new stimulus measures, armed with a new set of economic forecasts and amid signs of a resurgence of the coronavirus pandemic. Read more »

ECB tells banks not to pay dividends until Jan 2021 over virus crisis

Agence France-Presse
Posted at Jul 28 04:29 PM

The European Central Bank on Tuesday urged banks to refrain from paying dividends or offering bonuses until January 1, 2021, in order to ensure lenders have sufficient buffers to survive the economic storm unleashed by the coronavirus crisis. Read more »

European Central Bank sees 'considerable decline' in euro area activity

Agence France-Presse
Updated as of Mar 20 08:21 AM

The president of the European Central Bank (ECB) Christine Lagarde said Thursday that the novel coronavirus pandemic would lead to a "considerable decline" in economic activity in the euro area. Read more »

Global central banks pull out all stops as coronavirus paralyses economies

Swati Pandey, Reuters
Posted at Mar 16 05:44 PM

The coordinated response from the Fed to the European Central Bank (ECB) and the Bank of Japan (BOJ) came amid a meltdown in financial markets as investor anxiety deepened over the difficulty of tackling a pathogen that has left thousands dead and put many countries on virtual lockdowns. Read more »

ECB pumps up bank lending, bond buys to cushion virus impact

Tom Barfield, Agence France-Presse
Posted at Mar 12 10:26 PM

 The European Central Bank on Thursday followed other major central banks with a flurry of measures to cushion the impact of the coronavirus, including increased bond purchases and cheap loans to banks, but surprised observers by leaving key interest rates unchanged. Read more »

Asian stocks hold ground as China virus fears persist

Tomo Uetake, Reuters
Posted at Jan 24 12:19 PM

Markets had steadied overnight, as investors took some solace from the World Health Organization labelling the outbreak an emergency for China, where 25 people have died and at least 800 have been infected, but not, as yet, for the rest of the world. Read more »

Asian shares advance on US-China trade hopes, ECB stimulus

Hideyuki Sano, Reuters
Posted at Sep 13 09:55 AM

MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.2 percent, while Japan's Nikkei rose 0.4 percent. Read more »

Equities fall, bond yields rise on Draghi remarks, mixed earnings

Stephen Culp, Reuters
Posted at Jul 26 07:53 AM

The ECB signalled its intention to explore monetary easing but left interest rates unchanged, and bank President Mario Draghi struck a more upbeat tone on the economy than investors expected, sending US and European equities lower and boosting sovereign debt yields. Read more »

With finger on trigger, European Central Bank aims at more stimulus

Balazs Koranyi and Francesco Canepa, Reuters
Posted at Jul 25 08:30 AM

With inflation stuck well below its target and the US Federal Reserve already in easing mode, the ECB has flagged more stimulus, hoping to prop up confidence amid a steady flow of bad news that threatens to unravel years of unprecedented support. Read more »

Collapsing bond yields push world stocks to new highs

Tom Wilson, Reuters
Posted at Jul 05 08:16 AM

Germany's 10-year government bond yield, a benchmark for euro zone debt, fell to -0.4 percent and matched the European Central Bank's deposit rate for the first time -- a sign that markets are expecting rate cuts. Read more »

IMF's Lagarde 'honored' to be tapped to head European Central Bank

Agence France-Presse
Posted at Jul 03 09:08 AM

EU leaders announced a deal to fill the top positions in the political and economic bloc, including picking Lagarde to succeed ECB chief Mario Draghi, whose single, eight-year term ends in November. Read more »

Global stocks rally on G20 hopes, dovish ECB

John Biers, Agence France-Presse
Posted at Jun 19 07:44 AM

Hopes were raised that long-running trade talks between Washington and Beijing may yet yield an agreement after US President Donald Trump said he had a "good" conversation with China's Xi Jinping and would hold an "extended meeting" at the Group of 20 summit in Japan later this month. Read more »

World stocks, euro inch higher on ECB stance

Herbert Lash, Reuters
Posted at Apr 11 08:13 AM

ECB President Mario Draghi confirmed policymakers were considering whether measures are needed to mitigate the impact on European banks of the central bank's negative deposit rates. Read more »

ECB move sends stocks lower; dollar climbs

Chuck Mikolajczak, Reuters
Posted at Mar 08 09:05 AM

A gauge of global stock markets stumbled on Thursday while the US dollar rose, as the European Central Bank postponed interest rate hikes to 2020 and launched a new round of cheap loans to banks in an effort to spark the euro zone economy. Read more »

ECB pushes out rate hike, offers cheap cash to banks

Francesco Canepa and Balazs Koranyi, Reuters
Posted at Mar 08 09:05 AM

The European Central Bank changed tack on its tightening plan on Thursday, pushing out the timing of its first post-crisis rate hike until 2020 at the earliest and offering banks a new round of cheap loans to help revive the euro zone economy. Read more »

European Central Bank to acknowledge weak growth, keep policy steady

Balazs Koranyi and Francesco Canepa, Reuters
Posted at Jan 24 09:25 AM

The ECB last month ended a landmark 2.6 trillion euro ($2.96 trillion) bond purchase scheme and maintained its guidance that an interest rate hike is likely late this year. Read more »

End of an era as ECB set to withdraw crisis-fighting stimulus

Tom Barfield, Agence France-Presse
Posted at Dec 13 02:59 PM

The past 3 years saw the ECB ward off the threat of catastrophic deflation -- a crippling downward spiral of prices and activity -- by buying 2.6 trillion euros ($3 trillion) of government and corporate debt. Read more »

Euro craters, dollar soars, as ECB holds off on rate hikes

Nick Brown, Reuters
Posted at Jun 15 08:37 AM

The US dollar rose against a basket of major currencies by more than a penny as the euro cratered, and US stocks ticked up in afternoon trading on Thursday, as the European Central Bank signaled interest rate hikes were a long way off. Read more »

Treasury yields jump, Wall Street falls after Fed decision

Nick Brown, Reuters
Posted at Jun 14 08:13 AM

Trade tensions are also weighing on markets, as the US prepares to unveil more tariffs on $50 billion worth of Chinese goods. Emerging market stocks lost 0.61 percent. Read more »