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Showing 71 - 80 of 143 results for "Euro Area"

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
... portfolio of simple and transparent asset-backed securities (ABSs) with underlying assets consisting of claims against the euro area non-financial private sector under an ABS purchase programme (ABSPP). This reflects the role of the ABS market in facilitating ...

Market Wrap AM

AAP  |  TUESDAY, 12 AUG 2014
... 0.15 per cent at its regular policy meeting on Thursday, two months after easing monetary conditions in the 18-country euro area. The euro dipped to $US1.355, down from $US1.3381 late in New York on Wednesday. HONG KONG - Asian stocks mostly dipped ...

Not that time yet

BENJAMIN ONG  |  FRIDAY, 1 AUG 2014
... along with other initiatives such as the "targeted longer-term refinancing operations" (TLTRO) aimed at giving both the euro area's economic growth and inflation more oomph. Given last night's disappointing inflation numbers, Super Mario might just have ...

Waiting for the ECB to exhale

BENJAMIN ONG  |  WEDNESDAY, 4 JUN 2014
... the deferment of consumer and business spending and voila... Houston, we have another problem!... and is not as if the euro area's economy is going gangbusters either. GDP inched up by only 0.2% in the March quarter after inching up a similar 0.2% in ...

Market Wrap AM

AAP  |  MONDAY, 12 MAY 2014
... referendum. European Central Bank president Mario Draghi strongly suggested the bank could ease monetary conditions in the euro area next month, saying the "governing council is comfortable with acting next time". The euro dropped to $US1.3765 from $US1.3840 ...

Market Wrap AM

AAP  |  FRIDAY, 9 MAY 2014
... hints of more easing. ECB chief Draghi gave a strong suggestion that the bank could ease monetary conditions in the euro area next month, saying the "governing council is comfortable with acting next time". London's FTSE 100 index of top companies rallied ...

ECB to stay in May

BENJAMIN ONG  |  FRIDAY, 2 MAY 2014
... quarter GDP growth update not drowned out the latest reading on eurozone inflation. And it was good - well, sort of. Euro area inflation edged up to 0.7% in the 12 months to April from the four year low of 0.5% in March. Odd news because it lessens the ...

The art of fighting without fighting

BENJAMIN ONG  |  FRIDAY, 4 APR 2014
... in March), prompting Markit Economics' Chris Williamson to note that, ""Despite having cooled slightly in March, the euro area manufacturing sector continues to enjoy its best spell of growth since early-2011".... and this, despite persisted euro (the ...

OMTs - one year on

BENJAMIN ONG  |  TUESDAY, 10 SEP 2013
... sovereign debt crisis by bringing bond yields (borrowing costs) down through "outright" ECB purchases of bonds issued by euro area members in the secondary sovereign bond markets. A real shame Virginia because a year on, the ECB increasingly looks like ...

30 days hath September

BENJAMIN ONG  |  TUESDAY, 3 SEP 2013
... second straight month that the index had been in expansion territory - from 50.3 in the previous month. To be sure, the euro area still has a lotta work to do - not least, the still unemployment rate in the region - but recovering economic activity ...