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Economic Regions PIIGS

  • *Wall Street at records; Dow above 23,000 on IBM boost. NEW YORK, Oct 18- Wall Street again posted record highs on Wednesday, driven by strong earnings, and Treasury yields rose as investors focused on monetary policy, but the dollar slipped to snap a four-day rally. Investors focused on global economic strength and expectations for gradual monetary policy...

  • By Dhara Ranasinghe and Abhinav Ramnarayan. LONDON, Oct 18- Euro-area bond yields came off five-week lows on Wednesday, helped by a sharp rise in U.S. Earlier this week, euro zone bond yields had tumbled on the view that the European Central Bank, which meets next Thursday, would signal a prolonged scaling back of its monetary stimulus scheme.

  • *Wall Street at records, IBM earnings boost indexes. NEW YORK, Oct 18- Wall Street hit new records on strong earnings and the dollar extended a winning streak on Wednesday, boosted by rising Treasury yields as investors focused on monetary policy. On Wall Street, the S&P 500 was boosted by strong earnings from heavyweight International Business Machines, which...

  • *Oil prices rise on tighter US market, Middle East tensions. MILAN, Oct 18- World stocks stayed near all-time peaks and the dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the U.S. and the euro zone grew. The start of China's Communist Party conference, the extension of talks over the North American Free Trade...

  • MILAN, Oct 18- World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China's Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week's key policy meeting. European shares steadies around four-month highs with a raft of company results in focus and euro zone...

  • *Tunisia- Sicily route seen as shorter, safer than Libya-Lampedusa. *Italy urges more patrols in Tunisia to stop departures. *Europe worried about influx of jihadists from Tunisia.

  • **LONDON Bank of England Deputy Governor David Ramsden and Monetary Policy Committee member Silvana Tenreyro participates in Treasury Select Committee appointment hearings followed by Bank of England Governor Mark Carney. STOCKHOLM- Riksbank executive board meeting 1100 GMT. FRANKFURT- Opening speech by the ECB President Mario Draghi at the ECB...

  • Now, votes in Germany and Austria and uncertainty over the Spanish region of Catalonia are reviving concerns about the unity of the bloc. In Germany, the anti-immigration and anti-euro Alternative for Germany received almost 13 percent of September's national vote, putting it in parliament for the first time. "Even though Austria is highly integrated and...

  • The more modest growth target appears in the budget plan that Spain's conservative government has submitted to European authorities. Economy Minister Luis de Guindos warned last week that the government was considering setting a lower growth target for next year if the conflict between Madrid and the northeastern region continued.

  • WASHINGTON, D.C.- Riksbank Governor Stefan Ingves, Deputy Governor Cecilia Skingsley and Deputy Governor Per Jansson will attend the Annual Meetings of the International Monetary Fund and the World Bank. WASHINGTON- ECB President Mario Draghi hold a news conference in Washington 1700 GMT. WASHINGTON- Participation by ECB board member Sabine Lautenschlager...

  • *But Deutsche Bank cuts overweight on German stocks. *Pan-European STOXX index ends flat, FTSE at record close. MILAN, Oct 12- Germany's stocks benchmark index DAX rose above 13,000 points for the first time in its 30- year history on Thursday, as relatively attractive valuations and optimism about global economic growth continued to lure investors.

  • *Italy bond yields fall after govt wins confidence vote. LONDON, Oct 12- The dollar sagged on Thursday after the U.S. "We just had the minutes and saw there was a slightly more dovish take, so there is this ongoing debate about the lack of inflation momentum in the U.S.," said Benjamin Schroeder, senior rates strategist at ING.

  • NEW YORK— U.S. stock indexes drifted back to record highs Wednesday as investors got ready for another round of corporate reports to begin. Technology companies like PayPal, Visa, and Google's parent company Alphabet made some of the biggest gains as the market was little changed for the third day in a row. Kristina Hooper, global markets strategist for Invesco,...

  • *Catalonia's separatist move from Spain caps euro rise. NEW YORK, Oct 10- The euro hit a one-week peak on Tuesday as Germany rang up its best month for exports in a year in August and expectations grew that the European Central Bank may consider scaling back its asset purchases. "The focus is shifting away from the political news to the economic data and that is...

  • LUXEMBOURG, Oct 9- Greece's bailout program will proceed as planned, euro zone financial leaders said on Monday, shrugging off concerns that the new German government may harden its stance on the aid plan and debt relief for Athens. After German elections in September, Chancellor Angela Merkel's center-right party will start talks next week to form a coalition...

  • **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg. TUESDAY, OCTOBER 10 WASHINGTON- Bank of Canada Senior Deputy Governor Carolyn A Wilkins will give panel remarks at International Monetary Fund, Washington- 1800 GMT. CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert...

  • **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg. TUESDAY, OCTOBER 10 WASHINGTON- Bank of Canada Senior Deputy Governor Carolyn A Wilkins will give panel remarks at International Monetary Fund, Washington- 1800 GMT. CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert...

  • Catalonia is a hub for industry and tourism accounting for a fifth of Spain's economic output, a production base for major multinationals from Volkswagen to Nestle and home to Europe's fastest-growing sea port. The region contributed roughly a quarter of Spain's exports in 2016, with chemicals, auto parts, vehicles and food accounting for about half of...

  • Catalonia is a hub for industry and tourism accounting for a fifth of Spain's economic output, a production base for major multinationals from Volkswagen to Nestle and home to Europe's fastest-growing sea port. The region contributed roughly a quarter of Spain's exports in 2016, with chemicals, auto parts, vehicles and food accounting for about half of...

  • Catalonia is a hub for industry and tourism accounting for a fifth of Spain's economic output, a production base for major multinationals from Volkswagen to Nestle and home to Europe's fastest-growing sea port. The region contributed roughly a quarter of Spain's exports in 2016, with chemicals, auto parts, vehicles and food accounting for about half of...