Recent Posts

US equity futures, Europe stocks retreat; dollar edges higher

Bloomberg US equity futures followed declines across Europe as investors awaited fresh clues on the outlook for global trade and growth. The dollar edged higher with Treasuries. Contracts on the Nasdaq, Dow Jones and S&P 500 indexes all turned lower as traders returned from the long weekend and before the next round of talks between America and China to try ...

Read More »

Euro-area slowdown: ECB lays groundwork for response

Bloomberg Some of the European Central Bank’s heavy hitters are laying the groundwork for action. The top economist and the market chief at the Frankfurt-based institution have already signalled they’re discussing options in case the current euro-area slowdown worsens, and the vice president echoed that on Tuesday. There have been similar hints from Francois Villeroy de Galhau, who is the ...

Read More »

Greece submits plan to revive ailing banks

Bloomberg Greece’s government submitted to the European Commission a plan to help the country’s banks speed up their bad-loan disposals, in a bid to restore confidence in the battered sector, according to two people familiar with the matter. Greek banks are grappling with 88.6 billion euros ($100 billion) of bad loans, a legacy of the country’s financial crisis. That constrains ...

Read More »
Send this to a friend