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Brent steady below $103, ECB rate cut supportsBrent crude held below $103 a barrel on Friday, retaining most of its steep gains from the previous session, when an interest rate cut by the European Central Bank boosted investors' appetite for riskier assets. The decision c More… |
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Oil slips towards $103 on tepid growth outlookBrent crude oil slipped towards $103 per barrel on Monday as a shaky outlook for growth in the world's biggest oil consumers, the US, Europe and China, encouraged commodities markets to consolidate. Oil rallied from nine-month More… |
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Thomson Reuters, ECB sign desktop agreementThomson Reuters has announced that it has signed a three-year deal with the European Central Bank to roll out Thomson Reuters Eikon desktops across ECB and 18 participating national central banks. It is so far the largest market d More… |
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Banks to repay ECB $16.3bnBanks will next week repay the European Central Bank (ECB) 12.495 billion euros ($16.34 billion) of two three-year loans they took a year ago, a drop in the payback rate that shows they prefer to hold surplus cash in case financial markets clog More… |
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ECB urges key reforms pushEuropean Central Bank (ECB), poised to take over supervision of the region's banks, said there was no room for complacency following early signs of easing strain on financial markets and urged governments to push ahead with reforms. More… |
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ECB mulls key rate cuts next yearA European Central Bank (ECB) policymaker said the bank had had a "very serious" debate about cutting interest rates this week and that a cut was possible next year if the euro zone economy does not pick up. The German a More… |
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Women eye central banking men's clubWhen the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded More… |
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Debt-laden companies cashing in on ECB pledgeHeavily indebted euro zone firms are reaping the benefits of the European Central Bank's pledge to pull the region out of crisis, allowing them to borrow more cheaply and draw investors back into their shares. In the aftermath More… |
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Euro zone advancing through obstacle courseEurope has cleared more obstacles on the road to containing its sovereign debt crisis and stabilising the euro zone after Germany's constitutional court allowed a permanent bailout fund to go ahead and the Dutch voted for pro-European partie More… |
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ECB to launch new bond-buying programmeThe European Central Bank has agreed to launch a new and potentially unlimited bond-buying programme to lower struggling euro zone countries' borrowing costs and draw a line under the debt crisis. Seeking to back up his July pledge More… |
