FRANKFURT, Oct 2- The European Central Bank will present details on Thursday of a new asset-buying plan with which it hopes to revive the flagging euro zone economy and see off the spectre of deflation. That prospect has already stirred controversy in Germany and elsewhere. But the weak economic outlook has convinced a majority of the ECB's 24 Governing Council...» Read More
LONDON, Sept 2- The dollar hit its highest since January against the yen on Tuesday while a struggling euro sank to a one-year low against the greenback on expectations of a more aggressive easing programme in the euro zone.
LONDON, Aug 29- The beleaguered euro won temporary relief on Friday after euro zone inflation came in line with expectations and somewhat cooled speculation that the European Central Bank would ease monetary policy as early as next week.
LONDON, Aug 27- German Bund yields reached record lows on Wednesday, as further evidence of the region's faltering economy fed market expectations for more European Central Bank stimulus.
TOKYO, August 27- Japan's economic outlook has dimmed further and inflation is stalling but analysts in a Reuters poll were split on whether the central bank would ease policy this year or wait until 2015 to try and revive growth.
LONDON, Aug 26- The euro hit its lowest level in nearly a year against the dollar and euro zone government bond yields fell on Tuesday on growing expectations the European Central Bank could ease monetary policy as soon as next week.
ROME, Aug 24- The euro zone's growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region's stagnant economy.
NEW YORK/ LONDON, Aug 22- Gold prices edged up on Friday as U.S. equities slipped, but gains were limited by fears over deflation after Federal Reserve Chair Janet Yellen said U.S. labor markets remain hampered by the effects of the Great Recession. Gold prices continued to hover just above a two-month low reached on Thursday.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigor by contraction in Germany and stagnancy in France.
*Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.
By Paul Carrel and Eva Taylor. FRANKFURT, Aug 14- Euro zone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank indicated on Thursday, darkening the euro zone's economic outlook.
FRANKFURT, Aug 14- Euro zone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank indicated on Thursday, darkening the euro zone's economic outlook.
PARIS, Aug 14- France slashed on Thursday its growth forecasts for both 2014 and 2015 and said it would miss its public deficit target this year, urging its European peers and their central bank to take steps to boost faltering growth and head off deflation.
*June core orders +8.8 pct m/m vs +15.3 pct forecast. TOKYO, Aug 14- Japan's core machinery orders tumbled in April-June at their fastest since the last global financial crisis and only a modest rebound is seen in the current quarter- further challenging policymakers contending with a fragile economy.
TOKYO, Aug 14- Japan's core machinery orders rose for the first time in three months in June after a record plunge in May, but weak exports and industrial production cloud the outlook for the capital spending needed to sustain economic growth.
Price deflation is rearing its head in the world's richest cities, and it's having an impact on an unlikely sector: commercial sex workers.
FRANKFURT, Aug 7- The European Central Bank signalled on Thursday it stands ready to print money and buy bonds if the euro zone slides towards deflation and warned the conflict in Ukraine poses a serious risk to the bloc's economy.
The euro zone is probably already in deflation, says Mario Greco, CEO of Generali, adding that Europe needs more reforms to boost its labour market and competitiveness.
TOKYO, July 24- Japan's economic recovery appears more fragile after a recent tax increase but the central bank looks less likely to ease policy, a Reuters poll showed, underscoring the uncertainty surrounding the world's third-biggest economy.
*BOJ keeps policy steady, as widely expected. TOKYO, July 15- The Bank of Japan's governor voiced confidence on Tuesday that inflation would hold above 1 percent even when a boost from energy costs fades, attempting to convince sceptics the economy was recovering and there was no threat of a return to deflation.
*Shire to recommend shareholders accept AbbVie offer. UK- listed pharmaceutical Shire rose 2.6 percent after it said it was ready to recommend a new 53.20 pound per share offer from US firm AbbVie. "AbbVie are coming in at a decent level," said Manoj Ladwa, head of trading at TJM Partners.