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YANNIS STOURNARAS
Recession fears grip U.S., Europe as Iran war sends shockwaves across global markets. What to knowIran war with U.S. and Israel has threatened to disrupt the global economy with fears of inflation and possible recession are setting in Am...- ECB policymakers line up behind rate cutsEuropean Central Bank policymakers lined up behind further interest rate cuts on Wednesday, indicating that next week's reduction is all bu...
- ECB cannot commit to rate path even after first cut, says LagardeThe European Central Bank cannot commit to a pre-set number of interest rate cuts even after it starts reducing borrowing costs as the pace...
- Dollar dips vs yen after Japan inflation data, US durable goodsThe dollar was down slightly against the Japanese yen on Tuesday after data showing Japan's core consumer inflation exceeded forecasts and ...
- Asia shares shaky, traders on guard as Japanese inflation tops forecastThe Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and...
- Sterling takes a beating; dollar gains groundThe British pound was last 0.02% lower at $1.2936, after tumbling more than 0.7% on Wednesday in the wake of data that showed Britain's hig...
- ECB shouldn’t slow hikes as wage pressures grow, says SimkusThere are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation com...
- Euro zone bond yields fall, tracking U.S. TreasuriesThe German economy likely stagnated in the final quarter of last year and grew by 1.9% over the full year 2022, the Federal Statistics Offi...
- Will stagflation lead to a turnaround in gold price this year?Gold is now heading for the biggest annual decline since 2015.
- Gold firms near 4-1/2-month peak on weaker US dollar, yields* Spot gold was steady at $1,899.11 per ounce by 0041 GMT, after hitting its highest since Jan.8 at $1,899.11 on Tuesday.
- Powell just one global central banker under political pressureThe independence that monetary policy makers have traditionally enjoyed is under threat.
- How Greece went bustIn Tsipras' eyes it is a crisis of democracy and sovereignty, of whether the wishes of a nation state outweigh the aims of the supra-nation...
- Greece is ready to give 'big no' to bad deal: PM Alexis TsiprasGreek Prime Minister Alexis Tsipras said he's ready to assume responsibility for the consequences of rejecting an unfair deal with creditor...
- October 16, 2013: Mecklai Financial report on rupeeIntraday bias remains bearish for the Rupee, with key resistance at 61.80levels and a break above that will trigger 62.0 levels. On the dow...
- October 15, 2013: Mecklai Financial report on rupeeIntraday bias remains bearish for the Rupee, with key resistance at 61.80levels and a break above that will trigger 62.0 levels. On the dow...
- Greek PM Samaras clinches confidence vote as EU ministers meetGreek PM Antonis Samaras won a vote of confidence in his new government, setting the stage for a showdown with the EU over easing the terms...
- Germany rebuffs bank union plan to reshape the euro; says too little emphasis on controlling budgetsEuropean proposals to reshape the crisis-struck euro area ran into criticism from Germany for putting too much emphasis on debt-sharing.
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