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Showing 221 - 230 of 655 results for "ECB"

Market Wrap AM

AAP  |  FRIDAY, 6 MAR 2015
... European Central Bank announced it would launch on Monday a 1.1 trillion euros ($A1.56 trillion) bond-buying program. The ECB also raised its growth forecasts for the 19-nation eurozone. Shares of pharma giant AbbVie fell 5.7 per cent after it announced ...

My QE, your problem

BENJAMIN ONG  |  FRIDAY, 6 MAR 2015
... I've gotten ahead of myself. It won't be hitting Europe's pavements till Monday, 9 March 2015 - the first instalment of the ECB's QE worth a,-60 billion, and a,-60 billion monthly hereafter until September 2016. The European Central Bank (ECB) unveiled ...

I cut, you cut, I cut

BENJAMIN ONG  |  TUESDAY, 3 MAR 2015
... re-investing the proceeds of its asset purchases), the Bank of Japan (BOJ) that's in the midst of QE or the European Central Bank (ECB) that's about to kick-off its QE, perhaps as early as this week. Not surprisingly, in spite of widespread expectations ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... in January from 1.5% in the previous month and target of 3.5%. The PBOC is fighting back. So is the European Central Bank (ECB) which kicks off its a,-60 billion a month quantitative easing programme this month. Deflation has deepened in the regions ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
... have another outbreak of herpes... Greece is again the word. Greece may have a fresh face holding the begging bowl to the IMF/ECB/EU troika in Prime Minister Alexis Tsipras but it's the same old, same old game of chickens. Tsipras begsA "please sir ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
... 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices and Greece - the ECB reportedly would accept Greek government debt as collateral for LTRO and/or TLTRO no more, no more, no more. For good measure ...

Market Wrap AM

AAP  |  FRIDAY, 6 FEB 2015
... drugs to Pfizer's broad pharma offerings. LONDON - Europe's stock markets have shrugged off concerns about Greece after the ECB restricted Greek banks' access to a key source of cash, and Germany signalled its unwillingness to reduce Athens' debt. After ...

Market Wrap AM

AAP  |  THURSDAY, 5 FEB 2015
... 17,637.02 on Wednesday, up 6.62 points (0.04 per cent). The index lost more than 100 points in the last half hour after the ECB announcement. The broad-based S&P 500 fell 8.52 (0.42 per cent) to 2,041.51, while the tech-rich Nasdaq Composite Index lost ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
... other factors dissipate". This gave me an eerie sense of dA(C)jA vu. For it was around this time last year, in Davos, that ECB president Mario Draghi also poo-poohed the risk of deflation. This was Rueters' headline on 24 January 2014, "ECB's Draghi ...

A Fed surprise?

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2015
... raise interest rates sometime this year - and quantitative easing by the Bank of Japan (BOJ) and the European Central Bank (ECB) leaves markets no other option but to catch a ride with greenback. Financial markets appear to be sanguine about the BOJ ...