Morning Bid: ECB to follow Fed hike, Meta surges
A look at the day ahead in U.S. and global markets from Mike DolanWith markets still betting Wednesday's interest rate...
archiveGFIN
Lebanon central bank chief defends record before leaving office
BEIRUT, July 26 (Reuters) - Lebanon's longtime central bank governor Riad Salameh defended his record on Wednesday in a televised...
Ukraine completes nationalisation of Sense bank
KYIV, July 24 (Reuters) - The Ukrainian government has completed the takeover of Sense Bank, the country's top commercial lender,...
US banks’ reserves steady, assuaging liquidity drainage fears
NEW YORK, July 21 (Reuters) - A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased recently, assuaging some concerns the bond spree could lead to further credit tightening.The U.S. Treasury started rebuilding its account through T-bills after the government's debt ceiling was suspended last month. Since early June, the Treasury General Account at the Fed has increased by about $460 billion.Generally, an increase in government borrowing coincides with a decline in demand for the Fed's...
Exclusive: EU’s highest inflation to slow to 7-8% by December, Hungary’s finance minister says
No steps on spending needed to contain deficit for now-VargaBut gov't will review in Sept and act if necessaryVarga says he'd like to leave 3.9% deficit target intactStable forint crucial for economic players to plan-ministerCEE states can again be fastest growing EU region-VargaBUDAPEST, July 20 (Reuters) - Hungary's annual inflation will slow to 7-8% by December from 20.1% in June, helping the economy rebound, Finance Minister Mihaly Varga told Reuters, adding that no further measures were needed to contain the budget deficit for now.Prime Minister Viktor Orban's government is struggling...
Morning Bid: Retail, housing and banks test jaunty July
A look at the day ahead in U.S. and global markets from Mike DolanThe benign July investment environment gets tested...
Morning Bid: Banks lob earnings into giddy markets
A look at the day ahead in U.S. and global markets from Mike DolanFlush with hope that impressive disinflation will...
EU bank unveils new fund worth 400 million euros to help rebuild Ukraine
National flags of Ukraine and European Union rise in front of the NATO emblem, amid Russia's attack on Ukraine, in...
A wasted opportunity? Italy’s EU funds bonanza hits the rocks
Italy behind in policy goals and spendingFirms say it takes two years to launch projectsDelays hold back badly-needed investmentsHigher growth...
UK mortgage rates surge to 15-year high after surpassing ‘mini-budget’ peak
A man walks past houses ‘For Sale’ in a residential street in London, Britain, September 27, 2022. REUTERS/Hannah McKayLONDON, July...
