Interest Rates / Policy

Saudi central bank governor calls for more lending from commercial banks

Saudi central bank governor calls for more lending from commercial banks

Published 30/06/2020

DUBAI (Reuters) - Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi [more…]

Euro zone data confirm tepid recovery, ECB’s Knot says

Euro zone data confirm tepid recovery, ECB’s Knot says

Published 25/06/2020

FRANKFURT (Reuters) - A string of positive economic indicators in the euro zone confirm that a recovery is on its way but the bloc may [more…]

Fund giant BlackRock ‘warming up’ to European assets

Fund giant BlackRock ‘warming up’ to European assets

Published 23/06/2020

LONDON (Reuters) - BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to [more…]

Fed launches long-awaited Main Street lending program

Fed launches long-awaited Main Street lending program

Published 15/06/2020

NEW YORK (Reuters) - The Federal Reserve said on Monday it had opened registration for lenders interested in participating in its Main Street Lending Program, [more…]

Explainer: How Fed’s Main Street program compares to other small business pandemic aid

Explainer: How Fed’s Main Street program compares to other small business pandemic aid

Published 15/06/2020

(Reuters) - The Federal Reserve on Monday launched its latest life raft for U.S. businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, [more…]

Aussie dollar falls amid feud with China, traders cash in gains

Aussie dollar falls amid feud with China, traders cash in gains

Published 09/06/2020

LONDON (Reuters) - The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between [more…]

Lagarde comments at ECB press conference

Lagarde comments at ECB press conference

Published 04/06/2020

(Reuters) - The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by [more…]

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Published 03/06/2020

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON (Reuters) - Many [more…]

A crisis that has blunted the euro’s global profile

A crisis that has blunted the euro’s global profile

Published 21/05/2020

LONDON (Reuters) - The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as [more…]

Slow recovery in markets seen as COVID-19 risks persist, cash still king: BofA survey

Slow recovery in markets seen as COVID-19 risks persist, cash still king: BofA survey

Published 19/05/2020

LONDON (Reuters) - Investors are bearish on stocks, especially riskier assets, and expect a slower economic recovery as the risk of a second wave of [more…]