Will EU banking union help loosen lending, restore confidence?http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/eubank.jpg
August 4, In the biggest advance in European integration since the launch of the euro in 1999, the European Central Bank will take charge of supervising banks from Helsinki to Lisbon in November after subjecting their books to unprecedented scrutiny. The aim is to restore confidence in the euro zone’s banks, battered by...
Fed not likely to raise rates until June 2015, Reuters poll showshttp://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/fedfundsrate.jpg
August 13, The U.S. Federal Reserve is expected to move in baby steps when it starts to bump up borrowing costs from a record low, but it won’t do so until the second quarter of next year, according to the latest Reuters poll of economists. Recent data on employment, manufacturing and services suggest the economy...
Yellen to debut at Jackson Hole: Will she drop any clues?http://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/yellen-jacksonhole.jpg
August 18, Flashes of illumination rather than fireworks are expected at this week’s annual meeting of top central bankers and economists in Jackson Hole, Wyoming. Few predict anything so momentous as the speech by Federal Reserve chairman Ben Bernanke two years ago that paved the way for an unprecedented $85 billion...
U.S. labor market not fully recovered, Fed should move cautiously: Yellenhttp://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/yellen-labormarket.jpg
August 22, U.S. labor markets remain hampered by the effects of the Great Recession and the Federal Reserve should move cautiously in determining when interest rates should rise, Fed Chair Janet Yellen said on Friday in a defense of her policy approach. In a speech at a central banking conference here, Yellen laid out in...
Euro skids, stocks rally amid growing expectations of more ECB stimulushttp://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/euro-stocks-ecb.jpg
August 25, European stocks rallied and the euro fell to near a one-year low against the dollar on Monday as expectations grew that the European Central Bank would loosen policy. ECB President Mario Draghi said late on Friday that the bank was prepared to respond with all available tools inflation in the euro zone dropped...
Global stocks tumble as Ukraine accuses Russia of invasionhttp://www.currencynewstrading.com/wp-content/uploads/slideshow-gallery/stocks-russia.jpg
August 28, European shares took a sharp tumble on Thursday as accusations by Ukraine that Russia had moved troops across the border brought a three-day global rally to a shuddering halt. Ukrainian President Petro Poroshenko said Russian forces had entered Ukraine, and he convened his security and defense council to decide how to...
Month In Motion – August 2014
August 30, 2014 by Leave a Comment