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LONDON: European shares and the euro eased while German bonds were flat on Wednesday as investors awaited this week's policy decisions by the Bank of Japan and European Central Bank followed by U.S. employment data.
FRANKFURT (Reuters) - Christine Lagarde has called the fight against climate change "mission critical" for the European Central Bank but she will struggle to match those words with actions during her eight years leading Europe's most powerful financial institution.
MILAN: European shares are set to end 2017 with close to double-digit gains, supported by a recovery in economic growth and corporate earnings, but the pace is likely to slow as the European Central Bank moves to cut its massive stimulus.
IMAGINE central bank stimulus worth US$1,700 for every person on Earth. It’s not the next leap into monetary science fiction, it’s the reality of the balance sheets being run now by just three central banks – the US Federal Reserve, the European Central Bank (ECB) and the Bank of Japan (BoJ)
FRANKFURT: The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters.
ATHENS/LUXEMBOURG (Reuters) - The European Central Bank expanded emergency funding to keep Greece's stricken banks on their feet as a steady flow of withdrawals continued on Friday ahead of a summit next week that could decide whether the country can stay in the euro.
NEW YORK/BRUSSELS (Reuters) - Euro-zone officials are working to magnify the firepower of the region's rescue fund, European Central Bank policymakers said on Monday, while President Barack Obama piled on pressure for Europe to staunch a sovereign debt crisis that threatens the world economy.
BRUSSELS: European finance ministers on Monday recommended Italy's Mario Draghi to be the next head of the European Central Bank, clearing the way for his appointment to a job where he will lead the fight against the debt crisis and inflation.
NEW YORK: World shares rose to near 3-1/2-month highs on Thursday after supportive comments from Germany on the European Central Bank's efforts to contain the region's debt crisis, while disappointing U.S. data weakened the dollar.