Bloomberg The euro’s charge towards a three-year high is stumbling as the European Central Bank quashes expectations that it’s anywhere near paring back emergency stimulus. The ECB is increasingly expected by economists and investors to extend its elevated pace of emergency bond-buying at a June meeting, even as the continent’s vaccination program surges forward and economy rebounds. That’s putting a ...

Bloomberg Canada’s biggest banks are signaling that financial issues from the Covid-19 crisis are largely in the rear-view mirror in North America — and earlier than analysts had expected. After a year of stockpiling record amounts of capital to protect against a wave of loan defaults, Royal Bank of Canada and Toronto-Dominion Bank — the country’s two largest banks — ...

Bloomberg The Swedish central bank will by law have to identify threats against sustainable development and consider issues such as employment when it conducts policy, according to a government proposal. Climate change could become a long term threat “to economic development broadly, as well as stability in the financial system,” according to the proposal for a new Riksbank Act, which ...