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Showing 531 - 540 of 633 results for "European Central"

Optimism may not be enough

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2009
... recorded in the previous month. The fragility of the Eurozone's economic outlook is the main reason behind the European Central Bank's (ECB) decision to keep interest rates at a low 1.0 per cent - where they have been since May 2009 - when its Governing ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 NOV 2009
... stock markets made modest gains on Thursday, powered by positive US employment data and upbeat comments from the European Central Bank on eurozone growth prospects. In London, the FTSE 100 index rose 17.75 points, or 0.35 per cent, to close at 5,125.64. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 OCT 2009
... profit sank 34 per cent. Shares in BP ended the day 4.81 per cent higher. Banking stocks fell sharply after the European Central Bank said that bank lending to the private sector in the 16 countries that use the euro currency shrank in September for ...

Our fearful trip is done

BENJAMIN ONG  |  FRIDAY, 9 OCT 2009
... before the 1990/91 recession ended. They fell by 19 per cent before the 2001 recession ended. Meanwhile, the European Central Bank and the Bank of England are keeping their sails aloft, determined to reach dry land. Both kept interest rates unchanged ...

Market Wrap - Morning

AAP  |  MONDAY, 7 SEP 2009
... Friday, with investors tested by a mixed US employment report after encouraging words from the heads of the IMF and European Central Bank. The gains were welcome after a four-day losing streak on concerns tentative signs of recovery could be snuffed ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 AUG 2009
... index fell 19.89, or one per cent, to 1973.16. LONDON - Europe's main stock markets perked up as the head of the European Central Bank voiced confidence about the prospects of an economic recovery and Britain pumped liquidity into its economy. On the ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... markets witnessed the kind of central bank activity displayed last week. The Reserve Bank of Australia (RBA), the European Central Bank (ECB), the Bank of England (BoE) and the Bank of Canada (BoC) all held monetary policy meetings last week. And guess ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 JUN 2009
... 24.10, or 1.32 per cent, to 1,850.02. LONDON - Europe's leading stock markets ended virtually flat after the European Central Bank (ECB) and the Bank of England held interest rates steady, with the ECB forecasting a eurozone contraction of 4.6 per cent ...

Go for gold

BENJAMIN ONG  |  FRIDAY, 20 MAR 2009
... consumption -display of wealth - to defense - preservation of wealth. In the late 1990s, gold lost its glimmer as European central banks unloaded their gold reserve holdings unto the market. The price of the yellow metal dropped from a cycle high of ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... government reportedly was so horrified that it gave them the money. Amid these doom and gloom, market's dismissed European Central Bank President Jean Claude Trichet's press conference in Basel, Switzerland. Monsieur Trichet stated that, 'We have a number ...