*ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.» Read More
RIO DE JANEIRO/ LONDON, Feb 18- Emerging market stocks dipped on Tuesday, led by a drop in Chinese shares, while a fresh outbreak of violence drove Ukraine's currency towards five-year lows and weighed on its bond prices.
HONG KONG, Feb 18- Shanghai shares fell from a two-month high on Tuesday, as China's central bank drained 48 billion yuan from the country's money market after data showed new loans surged in January to their highest in four years. The CSI300 of the leading Shanghai and Shenzhen A-share listings sank 1.3 percent.
HONG KONG, Feb 18- Shanghai shares fell from a two-month high early on Tuesday, weighing on Hong Kong stocks, after China's central bank drained 48 billion yuan from the country's money market. The People's Bank of China had drained 450 billion yuan last week as it continued to taper a pre- Lunar New Year cash injection.
LONDON, Feb 10- Managers of the European Union's trillion-euro money market funds, which give access to short-term finance at low interest rates, will need to show their pay packets do not encourage too much risk-taking under a proposal from the bloc's lawmakers.
*Euro zone bond yields plunge as inflation falls to 0.7 pct. LONDON, Jan 31- Euro zone bond yields and money market rates slid on Friday after an unexpected drop in inflation intensified speculation the European Central Bank may ease its policy in coming months.
The SEC's five commissioners are weighing a proposal to reduce the risk of runs on money market funds, like the one seen in 2008 when the Reserve Primary Fund's net asset value fell below $1 per share as panicked investors withdrew money to avoid exposure to Lehman Brothers.
Piwowar's comments come as the SEC's five commissioners are weighing a proposal to reduce run risks on money market funds, like the one seen in 2008 when the Reserve Primary Fund's net asset value fell below $1 per share as panicked investors yanked out their money to avoid exposure to Lehman Brothers.
MUMBAI, Jan 24- Reserve Bank of India's proposal to change its main policy tool to a 14- day rate from an overnight one is a move bankers expect to help them better align their lending rates with central bank decisions.
LONDON, Jan 21- The dollar gained against the yen on Tuesday, helped by U.S. A better-than-expected number could nudge the euro higher, but rallies will be sold into given widespread expectations that the European Central Bank will keep policy accommodative and may even cut rates if money market conditions tighten.
SHANGHAI, Jan 21- China's money market rates fell sharply on Tuesday after the central bank dumped more than 255 billion yuan into the financial system, easing concerns another credit crunch was underway less than a month after a late December squeeze.
*ECB "strongly emphasises" policy will remain accommodative. FRANKFURT, Jan 9- The European Central Bank on Thursday forcefully underlined its determination to take action should euro zone inflation risk turning into deflation or rising money market rates threaten the bloc's fragile recovery.
FRANKFURT, Jan 9- The European Central Bank will keep a close eye on developments in money markets and stands ready to act if interbank lending rates rise too high, ECB President Mario Draghi said on Thursday.
FRANKFURT, Jan 9- The European Central Bank is likely to keep interest rates on hold on Thursday while reminding the market that it will ease policy if inflation stays too low or money market conditions tighten too much.
*Cash crunches seen as PBOC signal for banks to deleverage. SHANGHAI, Jan 8- China's interbank market dealers are braced for a rocky ride in 2014 as it becomes increasingly clear that Beijing will tolerate extreme short-term liquidity squeezes to deter sloppy lending by domestic banks.
*Eonia falls to 0.152 from end-year level of 0.446 percent. *ECB seen comfortable with current levels. LONDON, Jan 3- A plunge in euro zone money market rates at the start of 2014 following a year-end jump has eased pressure on the European Central Bank to relax its monetary policy still further, but the upward trend may resume in the next few months.
SHANGHAI, Dec 27- China's money market rates mostly slumped this week, as government funds entering the commercial banking system helped relieve a liquidity squeeze that peaked last Friday and Monday, traders said.
NEW YORK, Dec 26- Investors in U.S.-based funds poured $21.4 billion into money market funds in the week ended Dec. 25, on fears of a potential pullback in U.S. stocks, data from Thomson Reuters' Lipper service showed on Thursday.
*Currencies mostly steady; Gold slips. NEW YORK, Dec 23- Global stock markets rose to record highs on Monday, underpinned by improving U.S. economic data that overshadowed a credit squeeze in China, while subdued inflation undermined gold and left it on course for its worst year in over two decades.
LONDON, Dec 23- Signs of improving U.S. economic growth helped ease markets into holiday mode on Monday, though a credit squeeze in China took the edge off gains. European markets saw some last-minute festive shopping, as London's FTSE and Frankfurt's Dax started 0.4 percent higher, with Paris's CAC 40 up a more modest 0.1 percent.
SHANGHAI, Dec 20- China's yuan was flat at midday on Friday, with traders saying tight liquidity in the domestic money market offset the impact of a weaker central bank fixing.