[ad_1] ROME, June 7 (Reuters) – The Italian economy will grow just 0.3% this year, the Bank of Italy said on Friday, cutting an already reduced projection of 0.6% made…
Tag: Currency Intervention
Macri vows to win second term after Argentine peso crashes on primary results
[ad_1] By Cassandra Garrison, Hugh Bronstein BUENOS AIRES (Reuters) – Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition…
British regulator’s scrutiny to fall on futures order after mystery spike in sterling
[ad_1] By Olga Cotaga, Huw Jones LONDON (Reuters) – Britain’s financial watchdog will likely zero in on a chunky pound futures deal, which many reckon drove sterling’s mystery spike just…
German yields fall to lowest since May, Italy’s at new record low as focus on ECB, supply
[ad_1] * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr AMSTERDAM, Oct 14 (Reuters) – Germany’s 10-year bond yield fell to its lowest since May on Wednesday and its Italian equivalent…
Italy PM calls for EU solidarity in support of coronabonds
[ad_1] FRANKFURT (Reuters) – Italian Prime Minister Guiseppe Conte has repeated calls for the European Union to issue common euro zone bonds to demonstrate the bloc’s solidarity in tackling the…
Global financial system still at risk of liquidity stress, market shocks – FSB
[ad_1] WASHINGTON (Reuters) – The global financial system remains vulnerable to further liquidity stresses and a potential “sudden and sharp” market repricing as economies continue to reel from the COVID-19…
UPDATE 2-Euro zone bonds yields rise, Italy worse than its peers
[ad_1] * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Recasts lede, updates prices) MILAN, April 9 (Reuters) – Euro zone government bond yields rose on Friday, tracking moves in U.S.…
German banks should prepare for wave of insolvencies, says Bundesbank
[ad_1] FRANKFURT, Oct 13 (Reuters) – German banks should prepare for a surge in insolvencies as the coronavirus crisis pushes weaker companies over the edge and puts a question mark…
SNB’s Zurbruegg says Swiss monetary policy suited for FX fragility
[ad_1] ZURICH (Reuters) – The Swiss National Bank’s current accommodative monetary policy is suited for the fragility being seen on foreign exchange markets, SNB Vice Chairman Fritz Zurbruegg said on…