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ECB seen extending and boosting stimulus
BRUSSELS: The European Central Bank (ECB) will extend two key stimulus programmes through the end of next year to support the economy until vaccines are widely enough available to entrench the recovery, according to economists surveyed by Bloomberg.
Asian shares vault to record high as US stimulus seen within reach
TOKYO: Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine rollouts will boost the global economy underpinned investor sentiment.
Euro heading for the heavens as US$ enters purgatory
SYDNEY: The euro was headed for its best week in a month on Friday and has blown past major resistance levels as investors piled into bets the U.S. dollar has further to fall as the world begins to emerge from the COVID-19 pandemic.
Foreign exchange rate of Euro to other currencies
FRANKFURT, Dec. 3 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Thursday:
Foreign exchange rate of Euro to other currencies
FRANKFURT, Dec. 2 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Wednesday:
When is a private chat with the ECB okay?
THE European Central Bank (ECB) has been caught in a controversy over the way it communicates with investors.
Eurozone manufacturing sector expands at slower pace
BRUSSELS, Dec. 1 (Xinhua) -- The manufacturing sector in the euro area continued to expand in November, yet at a slightly slower pace compared to the previous month, according to the economic indicators released Tuesday by the IHS Markit, a London-based global information provider.
Foreign exchange rate of Euro to other currencies
FRANKFURT, Dec. 1 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Tuesday:
GLOBAL MARKETS-Global stock markets slide at end of record Nov
NEW YORK: World stock markets dipped on Monday to close a record-breaking month as the prospect of a vaccine-driven economic recovery next year and further central bank stimulus measures eclipsed immediate concerns about the spiking coronavirus pandemic.
Foreign exchange rate of Euro to other currencies
FRANKFURT, Nov. 30 (Xinhua) -- The following are the foreign exchange reference rates of euro to other currencies at the European Central Bank on Monday: