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  • RPT-NOT NECESSARY FOR CHINA TO WIDEN YUAN TRADING BAND IN 2015: C. BANK ADVISOR.

  • BEIJING, March 5- China will make a major breakthrough in interest rate liberalisation this year, but it will not be necessary for the country to widen its currency trading band in 2015, Chen Yulu, an advisor to the country's central bank told Reuters on Thursday. The performance of economies including Japan and European countries will also help dictate China's...

  • BEIJING, March 5- For highlights of the start of the annual session of China's National People's Congress, the country's parliament, click here.

  • *Asia slips after Wall St pulls back before U.S. jobs data. TOKYO, March 5- Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11- year low prior to the European Central Bank's policy meeting. MSCI's broadest index of Asia-Pacific...

  • FOREX-Euro thumped as ECB looms, Aussie data in focus Wednesday, 4 Mar 2015 | 5:35 PM ET

    *Australia retail sales, trade data next in focus. SYDNEY, March 5- The euro wallowed at its lowest in over 11 years against the greenback early on Thursday, having suffered a big setback as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The euro zone common currency fell as far as $1.1061, a low not seen...

  • *Europe equities rebound after falling on regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2- year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond-purchase stimulus plan. It held above $60 a barrel on Iran's...

  • Dollar gets data boost; euro sags below $1.11 Wednesday, 4 Mar 2015 | 3:30 PM ET

    The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.

  • NEW YORK, March 4- The dollar climbed to a fresh 11-1/ 2- year high on Wednesday, boosted by strong U.S. private-sector jobs growth ahead of the launch of quantitative easing by the European Central Bank. The dollar hit its highest since September 2003 against a basket of currencies and was last up 0.6 percent at 95.958. Separately, the Institute for Supply...

  • *ITV, Standard Chartered shares advance. LONDON, March 4- European shares rallied in late trading on Wednesday and closed just below multi-year highs, with export-oriented stocks getting a boost following a sharp decline in the euro to an 11-1/ 2- year low against the dollar after U.S. services data. Generally a good economic number out of the U.S. is good for the...

  • Euro weakness, exports lift southern Europe car output Wednesday, 4 Mar 2015 | 11:25 AM ET

    *FCA is turning the corner in Europe, CEO Marchionne says. GENEVA, March 4- While southern Europe is experiencing at best a patchy economic recovery, the outlook for the region's car makers is a little less bumpy thanks to the weak euro, cheaper oil and labour reforms. At the Geneva auto show, industry executives have warned against overoptimism about what might yet...

  • Europe closes; All eyes on ECB meeting  Wednesday, 4 Mar 2015 | 11:25 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the slipping euro ahead of Thursday's European Central Bank meeting.

  • FOREX-Dollar rallies to new high as euro sags below $1.11 Wednesday, 4 Mar 2015 | 11:10 AM ET

    *Euro sinks below $1.11 to new low. NEW YORK, March 4- The dollar climbed to fresh highs on Wednesday, getting lift from solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/ 2 year low ahead of the launch of quantitative easing by the European Central Bank. Separately, the Institute for Supply Management said its services index was 56.9 in February, up...

  • PRECIOUS-Gold retreats on strong dollar after U.S. data Wednesday, 4 Mar 2015 | 10:58 AM ET

    LONDON, March 4- Gold fell on Wednesday, heading for a third day of losses, as the dollar extended gains versus the euro after U.S. economic data. U.S. gold for April delivery dropped $3.90 to $1,200.40 an ounce. "It feels like gold is going to test the $1,200 psychological level," Bernard Sin, senior vice president at MKS Finance.

  • *Europe equities fall after regional PMI data. NEW YORK, March 4- Stock prices around the world fell on Wednesday on profit-taking, while the euro dropped to an 11-1/ 2 year low ahead of a European Central Bank meeting where policymakers are expected to offer details on their bond purchase stimulus plan. Brent crude was just below $60 a barrel after Saudi Arabia's...

  • LONDON, March 4- Sterling fell to a three-week low against the dollar on Wednesday after growth in Britain's dominant services sector eased in February lagging the United States where growth picked up modestly last month. The UK Markit/CIPS UK Services Purchasing Managers' Index slipped more than expected to 56.7, from 57.2 in January, and well below a Reuters...

  • BMW anybody? Carmakers to gain most from weak euro Wednesday, 4 Mar 2015 | 8:13 AM ET

    European carmakers and chemical and tourism companies stand to gain most from the weak euro, while the airline sector looks set to be worst hit.

  • MSCI's overall emerging share index lost 0.55 percent to hit a 10- day low, with stocks markets in Turkey, South Africa and Greece also trading down. In South Africa, the rand traded within sight of a three-week low against the dollar as Deputy Central Bank Governor Francois Groepe said economic growth continued to disappoint. In Turkey, the lira hit a record low of...

  • FOREX-Euro slides ahead of ECB; dollar at 11-year high Wednesday, 4 Mar 2015 | 4:35 AM ET

    LONDON, March 4- The euro crashed through support levels that have held for more than a month on Wednesday, hitting a six-week low under pressure from the imminent launch of outright quantitative easing by the European Central Bank. "Its really the dollar side of the equation that is at stake at the moment," said Daragh Maher, a strategist with HSBC in London.

  • Euro zone business growth at 7-month high in Feb -PMI Wednesday, 4 Mar 2015 | 4:00 AM ET

    *PMIs point to Q1 GDP growth of 0.3 pct- Markit. Survey compiler Markit said the surveys pointed to first quarter GDP growth of 0.3 percent, the same as at the tail-end of 2014, as business activity expanded in all of the bloc's four biggest economies for the first time since last April. The weaker euro should help boost exports and, perhaps most importantly, the...

  • UPDATE 1-Russian assets little changed in early trade Wednesday, 4 Mar 2015 | 2:42 AM ET

    MOSCOW, March 4- The Russian rouble was little changed in early trade on Wednesday, slightly losing ground against the U.S. dollar but gaining against the euro, while Moscow- listed shares edged higher. Oil, Russia's main export, traded around $0.3 lower, with Brent crude holding above $60 per barrel. Analysts said the future trajectory of the Russian currency was...