European Union http://www.globalpost.com/taxonomy/term/23467/all en Discord rife over ECB's next rate move-Reuters poll http://www.globalpost.com/dispatch/news/thomson-reuters/130107/discord-rife-over-ecbs-next-rate-move-reuters-poll <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Economists split on whether ECB will cut rates in 2013</p> <p>* In any case, rate cut unlikely on Thursday</p> <p>By Andy Bruce</p> <p>LONDON, Jan 7 (Reuters) - The European Central Bank will<br /> keep interest rates unchanged this week, economists forecast in<br /> a Reuters poll, but they cannot agree on the chances of a cut in<br /> the next few months due to a murky economic outlook.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/discord-rife-over-ecbs-next-rate-move-reuters-poll" target="_blank">read more</a></p> Central bank Economic history Economics Economy of the European Union Euro European Central Bank European Central Bank European System of Central Banks European Union Inflation Person Career President of the European Central Bank Quotation Social Issues Thomson Reuters Mon, 07 Jan 2013 14:08:41 +0000 5731330 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks fall from 5-year high; euro firms http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-us-stocks-fall-5-year-high-euro-firms <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Wall Street shares retreat from 5-year high</p> <p>* Euro rises on bets ECB might leave rates alone</p> <p>* Oil prices slip with stocks, growth view caps losses</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 7 (Reuters) - U.S. stock prices receded from<br /> five-year highs on Monday, while the euro rose against the<br /> dollar on bets the European Central Bank might refrain from<br /> signaling more interest rate cuts on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/global-markets-us-stocks-fall-5-year-high-euro-firms" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'├ętat Economic history Economics Economy of the European Union Euro European Union Flash Crash Futures contract Labor Late-2000s financial crisis Law Person Career Quotation Stock market Stock market crashes Thomson Reuters Tue, 08 Jan 2013 01:46:22 +0000 5731420 at http://www.globalpost.com GLOBAL MARKETS-Shares recover, euro steady as euro zone data stabilises http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-shares-recover-euro-steady-euro-zone-data-stabil <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* European shares recover to stand up 0.3 pct<br /> * Euro zone data points to stabilisation of weak economy<br /> * Dollar falls vs yen after sharp and rapid rise<br /> * Cautious open expect on Wall Street</p> <p> By Marc Jones<br /> LONDON, Jan 8 (Reuters) - European shares edged up on<br /> Tuesday as data signalled the euro zone economy may be<br /> stabilising at a weak level, and the euro held steady while<br /> commodity markets were largely subdued as investors sat on<br /> recent gains.<br /> The data was mixed.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-shares-recover-euro-steady-euro-zone-data-stabil" target="_blank">read more</a></p> Business Currency Economic history Economy of the European Union Euro European Union Foreign exchange market Japanese yen Person Career Quotation Thomson Reuters Tue, 08 Jan 2013 13:53:13 +0000 5731498 at http://www.globalpost.com GLOBAL MARKETS-U.S. stocks fall from 5-year high; euro rises http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Wall Street shares dial back from 5-year high</p> <p>* Euro rises on bets ECB might leave rates alone</p> <p>* Oil prices slip with stocks, growth view caps losses</p> <p>* Dollar pulls back from 2-1/2-year high versus yen</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 7 (Reuters) - Wall Street stock prices<br /> retreated from five-year highs on Monday, while the euro rose<br /> against the dollar on bets the European Central Bank might<br /> refrain from signaling more interest rate cuts on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/global-markets-us-stocks-fall-5-year-high-euro-rises" target="_blank">read more</a></p> Business Company Location Dow Jones Industrial Average Economic consequences of the 2006 Thai coup d'├ętat Economic history Economics Economy of the European Union Euro European Union Foreign exchange market Futures contract Labor Late-2000s financial crisis Late-2000s recession in Europe Law Person Career Person Location Quotation Stock market Thomson Reuters Tue, 08 Jan 2013 14:03:50 +0000 5731559 at http://www.globalpost.com Ireland needs two benchmark issues for OMT qulaification-Noonan http://www.globalpost.com/dispatch/news/thomson-reuters/130109/ireland-needs-two-benchmark-issues-omt-qulaification-noonan <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>DUBLIN, Jan 9 (Reuters) - Ireland will be judged to have regained the market access needed to qualify for the European Central Bank's bond-buying programme when it places a new benchmark bond on two occasions, its finance minister said on Wednesday.</p> <p>The head of Ireland's debt agency said it was very close to qualifying for the ECB's Outright Monetary Transactions (OMT) scheme after the country's bond sale this week, and that a return to monthly auctions may be enough to do so.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/ireland-needs-two-benchmark-issues-omt-qulaification-noonan" target="_blank">read more</a></p> European Union Thomson Reuters Wed, 09 Jan 2013 18:00:40 +0000 5732251 at http://www.globalpost.com ECB's Draghi sees signs of euro zone economic stabilisation http://www.globalpost.com/dispatch/news/thomson-reuters/130110/ecbs-draghi-sees-signs-euro-zone-economic-stabilisation <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>FRANKFURT, Jan 10 (Reuters) - The European Central Bank said on Thursday that recent economic surveys and indicators had shown signs of stabilising, suggesting an improved picture later in the year.</p> <p>"The economic weakness in the euro area is expected to extend into 2013," ECB President Mario Draghi said at a news conference. "Later, in 2013, economic activity should gradually recover.</p> <p>"Several ... indicators have broadly stabilised, albeit at low levels and financial market confidence has improved significantly," he said.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/ecbs-draghi-sees-signs-euro-zone-economic-stabilisation" target="_blank">read more</a></p> Economics European Union Group of Thirty Mario Draghi Thomson Reuters Thu, 10 Jan 2013 14:45:33 +0000 5732600 at http://www.globalpost.com UPDATE 2-ECB holds rates as economy shows glimmers of hope http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-ecb-holds-rates-economy-shows-glimmers-hope <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* ECB holds rates at 0.75 pct, as expected</p> <p>* Draghi news conference 1330 GMT</p> <p>* Focus on economic outlook, bank lending, Ireland</p> <p>By Sakari Suoninen and Eva Kuehnen</p> <p>FRANKFURT, Jan 10 (Reuters) - The European Central Bank held interest rates at a record low of 0.75 percent on Thursday, refraining from a cut following fledgling signs of life in the euro zone economy and with inflation still above target.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-2-ecb-holds-rates-economy-shows-glimmers-hope" target="_blank">read more</a></p> Central banks Economy of the European Union European Central Bank European Union Thomson Reuters Thu, 10 Jan 2013 09:00:08 +0000 5732521 at http://www.globalpost.com ECB holds rates to assess growth, inflation risks http://www.globalpost.com/dispatch/news/thomson-reuters/130110/ecb-holds-rates-assess-growth-inflation-risks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>FRANKFURT, Jan 10 (Reuters) - The European Central Bank held its main interest rate at a record low of 0.75 percent on Thursday, putting off further policy easing while it assesses the economic outlook and waits for a bailout trigger to use its new bond-purchase programme.</p> <p>The ECB wants to transmit its low interest rates to all corners of the euro zone - where market interest rates vary greatly - and aims to do so by pushing down sovereign bond yields with its new bond-buy programme.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/ecb-holds-rates-assess-growth-inflation-risks" target="_blank">read more</a></p> Central banks Economy of the European Union European Central Bank European Union Thomson Reuters Thu, 10 Jan 2013 14:47:11 +0000 5732625 at http://www.globalpost.com GLOBAL MARKETS-World shares touch eight-month high; euro rises http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-touch-eight-month-high-euro-rises <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Surge in Chinese exports spurs optimism on global growth</p> <p>* Euro firm after ECB holds rates, strong Spanish debt sale</p> <p>* German debt yields rise as Draghi hints no imminent rate cuts</p> <p>* Oil gains on China demand, Saudi output cuts</p> <p>By Richard Leong</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-touch-eight-month-high-euro-rises" target="_blank">read more</a></p> Business Economy of the European Union Europe European Union Politics Thomson Reuters Thu, 10 Jan 2013 17:46:26 +0000 5732758 at http://www.globalpost.com GLOBAL MARKETS-World shares hit 8-month high; euro rises http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-hit-8-month-high-euro-rises <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Surge in Chinese exports spurs optimism on global growth</p> <p>* Euro firm after ECB holds rates, strong Spanish debt sale</p> <p>* German debt yields rise as Draghi hints no imminent rate cuts</p> <p>* Oil gains on China demand, Saudi output cuts</p> <p>NEW YORK, Jan 10 (Reuters) - World stock prices rose to an eight-month high on Thursday and oil prices climbed as news of stronger-than-expected Chinese exports raised hopes of a more robust recovery for the global economy this year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-hit-8-month-high-euro-rises" target="_blank">read more</a></p> Business Economy of the Arab League European Central Bank European Union Politics Thomson Reuters Thu, 10 Jan 2013 19:00:37 +0000 5732796 at http://www.globalpost.com UPDATE 4-ECB keeps rates on hold, sees recovery later in 2013 http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-4-ecb-keeps-rates-hold-sees-recovery-later-2013 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* ECB holds rates at 0.75 pct, as expected</p> <p>* Rate cut not discussed, unlike last month</p> <p>* Draghi says recovery to take hold later in 2013</p> <p>* Signs of stabilisation and substantial market improvement</p> <p>By Eva Kuehnen</p> <p>FRANKFURT, Jan 10 (Reuters) - The euro zone economy will recover later in 2013 and there are already some signs of stabilisation, the European Central Bank said on Thursday after it unanimously held interest rates at a record low.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/update-4-ecb-keeps-rates-hold-sees-recovery-later-2013" target="_blank">read more</a></p> European Central Bank European Union Group of Thirty Mario Draghi Thomson Reuters Thu, 10 Jan 2013 14:47:24 +0000 5732626 at http://www.globalpost.com German parliament group warns Britain against "blackmail" on EU http://www.globalpost.com/dispatch/news/thomson-reuters/130110/german-parliament-group-warns-britain-against-blackmail-eu <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Britain wants to renegotiate EU ties, repatriate powers</p> <p>* PM Cameron has threatened to use veto on EU</p> <p>* German parliament Europe committee criticises plan</p> <p>By Mohammed Abbas</p> <p>LONDON, Jan 10 (Reuters) - The head of the German parliament's influential European Union Affairs Committee warned Britain on Thursday against trying to "blackmail" other countries in its push to fashion a new relationship with Europe.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/german-parliament-group-warns-britain-against-blackmail-eu" target="_blank">read more</a></p> Council of Europe European Union European Union Federalism Thomson Reuters Thu, 10 Jan 2013 19:15:45 +0000 5732805 at http://www.globalpost.com GLOBAL MARKETS-World shares touch eight-month high; euro gains http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-touch-eight-month-high-euro-gains <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Surge in Chinese exports spurs optimism on global growth</p> <p>* Euro firm after ECB holds rates, strong Spanish debt sale</p> <p>* German debt yields rise as Draghi hints no imminent rate cuts</p> <p>* Oil gains on China demand, Saudi output cuts</p> <p>By Richard Leong</p> <p>NEW YORK, Jan 10 (Reuters) - World stock prices rose to an eight-month high on Thursday and oil prices climbed as stronger-than-expected Chinese exports raised hopes of a more robust recovery for the global economy this year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-touch-eight-month-high-euro-gains" target="_blank">read more</a></p> Business Economy of the European Union Europe European Union Politics Thomson Reuters Thu, 10 Jan 2013 20:30:22 +0000 5732835 at http://www.globalpost.com GLOBAL MARKETS-World shares rise to 8-month high; euro rallies http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-rise-8-month-high-euro-rallies <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* China exports rise to 7-month highs, lifts optimism</p> <p>* S&amp;P index posts highest close in five years</p> <p>* Euro jumps after ECB holds rates, strong Spanish debt sale</p> <p>* ECB's Draghi, Fed's Bullard offer encouraging growth views</p> <p>* Oil rises on China demand, Saudi output cuts</p> <p>By Richard Leong</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/global-markets-world-shares-rise-8-month-high-euro-rallies" target="_blank">read more</a></p> Business Economy of the European Union Europe European Union Politics Thomson Reuters Thu, 10 Jan 2013 22:15:24 +0000 5732891 at http://www.globalpost.com GLOBAL MARKETS-Upbeat outlook keeps shares near 20-mth highs, dollar firm http://www.globalpost.com/dispatch/news/thomson-reuters/130111/global-markets-upbeat-outlook-keeps-shares-near-20-mth-highs-do <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* World shares near 20-month high on global recovery hopes</p> <p>* Yen falls against dlr as Japan signals big policy shifts</p> <p>* China inflation pick-up hurts oil</p> <p>By Richard Hubbard</p> <p>LONDON, Jan 11 (Reuters) - World shares hovered near a 20-month high on Friday as upbeat comments from the European Central Bank and a massive stimulus plan in Japan boosted optimism over the global economic outlook.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/global-markets-upbeat-outlook-keeps-shares-near-20-mth-highs-do" target="_blank">read more</a></p> Business Economics Economy of the European Union European Union Thomson Reuters Fri, 11 Jan 2013 09:30:33 +0000 5733044 at http://www.globalpost.com