FXB Newswire –BREAKING–

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Shekel May Be Overvalued Due to Capital Inflows, Eckstein Says
Bank of Israel Deputy Governor Zvi Eckstein said the shekel may be “overvalued,” indicating that the central bank has no plans to ease its purchases of foreign currencies.
Read more on BusinessWeek

Swiss Franc Slumps Versus Euro After SNB Says Gains Hurt Growth
The Swiss franc slid the most in more than a week against the euro after a central bank policy maker said the recent appreciation versus the common European currency poses a threat to economic growth.
Read more on BusinessWeek

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FXB Newswire –BREAKING–

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ECB holds rates but faces tough battle on debt crisis
Frankfurt – The European Central Bank (ECB) left interest rates on hold Thursday at an historic low of 1 per cent, as rising inflationary pressures confound its attempts to tackle Europe’s debt crisis.
Read more on EARTHtimes.org

Trichet Faces ‘Annus Horribilis’ as Crisis Strains ECB Policy
Jean-Claude Trichet’s final year at the helm of the European Central Bank may be his toughest yet as widening economic divergences within the euro area strain the bank’s one-size-fits all monetary policy.
Read more on BusinessWeek

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FXB Newswire –BREAKING–

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Eurozone inflation 2.2% in December
(BRUSSELS ) – Eurozone inflation accelerated to 2.2 percent in December, the first time in two years the indicator has risen above 2.0 percent, breaching the European Central Bank’s target, the EU’s statistics agency said on Friday.
Read more on Eu Business

Portuguese central bank split over bailout
A split at the Portuguese central bank over whether Portugal needs a bailout has erupted publicly, but the finance minister insisted on Tuesday that the country was doing everything to avert a rescue.
Read more on The Age

ECB balancing rescue role, inflation threat
European Central Bank President Jean-Claude Trichet will be under pressure to explain the bank’s plans for its bond-buying program, while both the ECB and Bank of England are expected to leave monetary policy on hold.
Read more on Market Watch

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EC launches post-trade consultation
The European Commission yesterday unveiled yet another piece of regulation designed to improve the robustness of the European trading landscape, with the publication of a consultation on the arcane world of post-trade settlement.
Read more on eFinancial News

EC launches post-trade consultation
The European Commission yesterday unveiled yet another piece of regulation designed to improve the robustness of the European trading landscape, with the publication of a consultation on the arcane world of post-trade settlement.
Read more on eFinancial News

ECB’s Smaghi says Ireland triggers new stress tests: report
DUBLIN (Reuters) – Europe needs to do a new round of stress tests on banks after Ireland’s flawed vetting of lenders in 2010 raised doubts about a parallel Europe-wide health check, a European…
Read more on Reuters

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FXB Newswire –BREAKING–

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ECB warns on inflation, seeks bolder crisis action
(01-13) 08:11 PST BERLIN, Germany (AP) — The European Central Bank’s president warned Thursday that inflation may remain high for months, raising questions about the possibility of an eventual interest-rate hike, and…
Read more on San Francisco Chronicle

Portuguese central bank split over bailout
A split at the Portuguese central bank over whether Portugal needs a bailout has erupted publicly, but the finance minister insisted on Tuesday that the country was doing everything to avert a rescue.
Read more on Brisbane Times

Has the ECB shot itself in the foot by supporting Portugal?
Yesterday’s eagerly watched Portuguese bond auction went as well as could be expected, but there is an important question to be asked over how smart it is for the European Central Bank to continue to artificially depress bond yields through its bond buyback programme.
Read more on eFinancial News

Portugal’s Borrowing Costs Fall at 10-Year Bond Sale
Portugal’s borrowing costs fell and demand rose at a sale of 10-year bonds after European Central Bank debt purchases this week helped push down yields, sending the securities higher in the secondary market.
Read more on BusinessWeek

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FXB Newswire –BREAKING–

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PhillyInc: A company by any other name . . . would be better
What’s in a corporate name? Not much, judging by some of the recent names picked by Philadelphia-area companies. We have a disturbing knack of giving many of our companies bland, unmemorable names.
Read more on Philly.com

Euro slips as EU discusses bailout strategy
The euro currency was under pressure on Monday as European finance ministers disagreed over how to tackle the debt crisis, while stock markets struggled on a light trading day amid worries about Chinese growth.
Read more on KWQC-TV 6 Davenport

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FXB Newswire –BREAKING–

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A V Rajwade: First-world debt crisis?
If the 1980s was the decade of the third-world debt crisis, could the current decade be described by future economic historians as the decade of the first-world sovereign debt crisis?
Read more on Business Standard India

Irish premier won’t quit over Ireland debt crisis
Irish Prime Minister Brian Cowen faced a fight for political survival Sunday as he rebuffed pressure to resign and a senior Cabinet colleague announced he would challenge him for the party leadership.
Read more on KWQC-TV 6 Davenport

Euro extends gains on auctions, ECB comments
The euro on Friday extended gains that it made on the back of successful bond auctions in Spain and Italy and hawkish comments about inflation from the European Central Bank.
Read more on Channel 8 San Diego

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FXB Newswire –BREAKING–

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Saudi Shares Advance Most in Four Weeks as Banks Beat Analysts’ Estimates
Saudi Arabian shares, led by banks, gained the most in four weeks as fourth-quarter earnings beat analysts’ estimates and after U.S. stocks rose and crude oil prices advanced.
Read more on Bloomberg

Euro Holds Most Of Weekly Gains Versus Dollar
(RTTNews) – The euro continued to pressure the dollar on Friday, a day after the European Central Bank returned its focus to inflation despite pronounced economic weakness on the periphery of the euro area.
Read more on INO News

European ministers consider boosting bailout fund
Euro-zone finance ministers face one big question when they meet in Brussels on Monday and Tuesday: Are they willing to fundamentally change their strategy for solving the debt crisis that has rocked the currency bloc over…
Read more on Channel 8 San Diego

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FXB Newswire –BREAKING–

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Euro holds gains on auctions, ECB comments
(AP:BERLIN) The euro is holding gains it made on the back of successful bond auctions in Spain and Italy and hawkish comments about inflation from the European Central Bank.
Read more on INO News

Euro zone crisis in respite on bond sales
Successful bond issues by Spain and Portugal signalled a respite for the euro zone debt crisis, with the focus now on bond buying by the European Central Bank, and France and Germany vowing to defend the euro come what may.
Read more on Brisbane Times

Euro Soars, Oil Pares Losses After OPEC Comments
The euro surged on Thursday, taking on renewed vigor after better-than-forecast debt auctions by Spain and Italy and a hawkish rate review by the European Central Bank (ECB), while oil pared its losses after comments from OPEC.
Read more on Free Internet Press

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FXB Newswire –BREAKING–

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EC launches post-trade consultation
The European Commission yesterday unveiled yet another piece of regulation designed to improve the robustness of the European trading landscape, with the publication of a consultation on the arcane world of post-trade settlement.
Read more on eFinancial News

European ministers consider boosting bailout fund
Eurozone ministers are discussing changes to the bailout fund for countries that run into financial trouble, including increasing its size or giving it new powers, French Finance Minister Christine Lagarde said Friday.
Read more on San Diego Union-Tribune

Portuguese central bank split over bailout
Tuesday, January 11th, 2011 17:47:00 LISBON: A split at the Portuguese central bank over whether Portugal needs a bailout has erupted publicly, but the finance minister insisted on Tuesday that the country was doing everything to avert a rescue. Portugal, widely seen at risk of being the next eurozone country to need rescuing after Greece and Ireland, intends to make a critical issue of debt on …
Read more on The Malay Mail

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