Reuters/ London Should European countries want the euro to replace the dollar as the world’s dominant reserve currency, the Sino-US trade war may offer a window of opportunity. The souring of ties…
Category: Finance
Bank of England to Hold Rates as Clouds Gather Over Outlook
Bank of England officials will probably keep policy on hold next week as they acknowledge that the economic outlook has worsened materially since May. All but one of the 24 economists surveyed…
France aims for US digital tax deal by late August – minister
France wants to reach a deal with the US on taxing tech giants by a G7 meeting in late August, Economy Minister Bruno Le Maire said Saturday. He was responding to US…
The world economy’s biggest week of 2019 as Fed prepares cut
There will be no chance of a summer break for investors or policy makers in coming days as they brace for what might be the busiest week for the world economy this…
Halliburton second-quarter profit beats analysts’ estimates
(Reuters) – Halliburton Co (HAL.N) on Monday reported a second-quarter profit that beat analysts’ estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly…
A Reform Opportunity for the IMF
Jul 19, 2019 JOSÉ ANTONIO OCAMPO The departure of Christine Lagarde from the helm of the International Monetary Fund represents a golden opportunity to put the institution on a path toward a more…
ECB rate-cut bets drive another big weekly fall in bond yields
* ECB easing hopes bolster bond markets * German Bund yield set for biggest fall in seven weeks * Focus on ECB inflation target debate * Markets ramp up bets on July…
Will ECB walk or just talk as rate circus comes to Europe?
BRUSSELS (Reuters) – The global march towards lower interest rates reaches Europe this week with the European Central Bank expected at least to signal easier monetary policy, while Turkey’s new banking chief…
The ECB Needs to Explain Itself
Ambiguity is hampering effective policymaking by the European Central Bank and leaving market participants wondering what to expect. A review of the ECB’s policy framework would help to eliminate such ambiguity –…
EU ministers collide over timid eurozone reforms
Agence France Presse LUXEMBOURG: EU finance ministers wrangled over watered-down economic reforms Thursday with France hoping the eurozone budget it has long been pushing for was finally within reach. Almost a decade…