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  • CAIRO, July 25- Economists expect Egypt's central bank to keep rates unchanged at its monetary policy committee meeting on Thursday, after it raised rates by 100 basis points at its last meeting. The central bank put up its key rates by 100 basis points to their highest level in years at its last MPC meeting on June 16, a move economists said was meant to rein in...

  • meetings@ SAO PAULO, July 25- Latin American currencies and stocks fell on Monday as traders avoided risky bets ahead of this week's Federal Reserve and Bank of Japan policy meetings. Bank of Japan Governor Haruhiko Kuroda said on Saturday he would ease policy further if necessary. Shares of Petróleo Brasileiro SA also advanced after the state-controlled oil...

  • The gathering followed hints about easing from the European Central Bank and the Bank of England, with expectations that the U.S. A survey on Monday showed business morale in Europe's biggest economy, Germany, fell in July, suggesting company executives have become less optimistic since Brexit. Commerzbank estimates Germany and Italy are scheduled to sell...

  • LONDON/ NEW YORK, July 25- Foreign exchange trading out of the United Kingdom fell 9 percent in the year to April 2016, a semi-annual survey by the Bank of England showed on Monday, although volumes were slightly higher than shown in an October survey. Separately, a survey by the New York Federal Reserve released at the same time showed daily currency trading volumes...

  • ROME/ MILAN, July 25- Specialist Italian pension funds will consider a government request to pour money into a bank bailout fund at a meeting on Monday, days before European stress tests are expected to show the country's third-largest lender is in need of urgent capital. Monte dei Paschi, Italy's third-biggest bank by assets, is likely to be found short of capital...

  • *Dollar rises against yen, near high vs euro. *Little movement on German Ifo sentiment survey. LONDON, July 25- The dollar held within sight of recent highs against the euro and yen on Monday ahead of meetings of U.S.

  • LONDON, July 25- Gold fell on Monday, extending a second straight week of losses, as a recovery in risk appetite supported stock markets near nine-month highs ahead of central bank meetings this week in the United States and Japan. The world's major economies pledged at a G20 meeting this weekend, dominated by last month's British vote to leave the European Union,...

  • *Little movement on German Ifo sentiment survey. LONDON, July 25- The dollar inched up against the yen and held near a four-week high against the euro on Monday ahead of meetings of the Bank of Japan and U.S. Federal Reserve which investors on balance expect to be dollar-positive. Of the two there are positioning expectations more clearly built into the BOJ, "said...

  • BENGALURU, July 25- Gold extended losses on Monday from the previous session as Asian stocks were at near nine-month highs on increasing risk appetite and ahead of central bank meetings in the United States and Japan this week. Asian shares rose on Monday as worries over the impact of Britain's Brexit vote eased amid efforts to maintain growth, while the dollar...

  • Pierre Moscovici, European commissioner for economic and financial affairs, says global leaders have a lot to do when it comes to the future of Europe, in light of Italy’s banking situation and Brexit.

  • Italy Banks BOJ

    OCBC Bank's Vasu Menon explains that European banks' credit default swap spreads and bond yields are still relatively stable.

  • Italy Banks

    Italy's Finance Minister Pier Carlo Padoan says there's only one Italian bank that is facing challenges, which can be resolved through market solutions.

  • EU Stress Test

    Bank of Singapore's Richard Jerram says Italian banks are a particularly concern of the EU stress test because of the lack of a clear solution.

  • EU Future

    European Commissioner for Economic and Financial Affairs Pierre Moscovici says the tests will likely show that the banking sector is in much better shape.

  • A sign sits on a wall outside the offices of Julius Baer Group Ltd. in Geneva, Switzerland.

    Swiss private bank Julius Baer said on Monday its assets under management rose 4 percent to 311 billion Swiss francs ($315 billion) in the first six months of 2016.

  • BENGALURU, July 25- Gold extended losses on Monday from the previous session as Asian stocks were at near nine-month highs on increasing risk appetite and ahead of central bank meetings in the United States and Japan this week. Asian shares rose on Monday as worries over the impact of Britain's Brexit vote eased amid efforts to maintain growth, while the dollar...

  • *JPMorgan estimates AMP funds at 32 trillion yuan at end-March. HONG KONG, July 25- The takeover tussle embroiling top Chinese developer China Vanke has unveiled how local banks are increasingly exposed to highly volatile domestic stock markets through risky shadow lending products that mask their worsening asset quality. Baoneng Group, which is attempting...

  • A worker stands on piles of industrial products before exporting, at a port of Lianyungang, China

    China is making efforts to reform its debt-laden economy, but authorities could do even more, the IMF's First Deputy MD David Lipton says.

  • BOJ Action

    JPMorgan AM's Tai Hui says the BOJ needs more creative policies to meet inflation targets although "helicopter money" might not be the right solution.

  • OECD Italian Banks PKG

    OECD Secretary-General Angel Gurria says no other EU member will leave the bloc because of how complicated, disruptive and costly the process is.

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