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Trump win would hammer growth and send inflation soaring in Europe, ECB official says

Trump's high tariffs would pose risks to both economic growth and inflation in Europe, ECB member J…

Kelly Cloonan   


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As English players begin their premature IPL exodus, Gavaskar calls for action against England Cricket Board

While the World Cup is scheduled to commence on June 2, England will play a preparatory series agai…

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Bitcoin's fair value is zero, and the latest boom will spark 'massive' collateral damage, ECB says

The ECB slammed bitcoin, describing the approval of spot ETFs in the US as "the naked emperor's new…

Yuheng Zhan   


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ECB hikes interest rates by 25 bps in fight against inflation

In light of the ongoing high inflation pressures, the Governing Council of the European Central Ban…

ANI   


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Global shares ease ahead of the ECB's rate decision, while US futures edge higher

Sentiment was cautious ahead of the European Central Bank's policy meeting at which it's expected t…

Zahra Tayeb   


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Global stocks fall as focus turns to ECB's upcoming rate hike, as US earnings optimism takes a knock

There's doubt about the size of the ECB's first interest rate hike in 11 years, while mixed earning…

Karen Friar   


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US futures climb ahead of the Federal Reserve's rate decision; the euro is soaring as the ECB calls a surprise meeting

US futures rose ahead of the FOMC's decision, while the euro shot up and eurozone bond yields fell …

Zahra Tayeb   


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US stocks trade mixed as strong Tesla earnings lift Nasdaq while ECB hikes rates for first time in 11 years

Russia resumed gas flows via its key Nord Stream 1 pipeline, although at reduced flows, sending nat…

Brian Evans   


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The European Central Bank just hiked interest rates for the first time in 11 years, amid political and economic crisis

The ECB opted to hike interest rates by an outsized 50 basis points in a bid to cool red-hot inflat…

Harry Robertson   


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An economist explains how the euro could drop below the dollar after the world's top currencies reached parity - and why the ECB may not stop the fall

"I think the ECB is really not in any hurry to raise the euro, and it will let the export sector, i…

Phil Rosen   


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One Euro equals one Dollar - for the first time in 20 years

The euro and the dollar have reached parity for the first time in 20 years, signalling the market's…

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RBI's moves to boost forex inflows could have an impact on domestic borrowing rates

Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…

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The euro is facing a deeper slide under the weight of Europe's gas crisis and the ECB's bond-rout response, says Societe Generale

The euro is sinking closer to parity with the dollar, buying $1.016 and trading at a nearly 20-year…

Carla Mozée   


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Fed Chair Powell warned that sky-high inflation could turn permanent. It's the opposite of what he said a year ago.

Thinking supply chains would quickly heal was something the Fed got wrong, Powell said Wednesday. N…

Ben Winck   


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The ECB says it's preparing a new anti-crisis tool as a surge in bond yields stirs memories of the eurozone meltdown

The ECB is back in crisis-fighting mode after Italian bond yields skyrocketed in response to potent…

Harry Robertson   


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Global stocks give up some of this week's gains as rising bond yields and oil prices fuel stagflation fears

10-year bond yields climbed back above 3% and oil held above $120 a barrel, causing US futures to s…

George Glover   


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Carla Mozée   


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Credit Suisse could go bust if the ECB follows up on its rate hike promise, 'Dr. Doom' Nouriel Roubini says

Economist Nouriel Roubini said Credit Suisse needs a liquidity lifeline from central banks — and th…

Zahra Tayeb