Non-EU Central Banks in Europe

Fighting inflation moves down on central bank list of priorities

A day after the Central Bank of Turkey reduced both its overnight borrowing and lending rates by 50 basis points, Turkish Central Bank Governor Durmuş Yılmaz said yesterday that global concerns over inflation had recently...

Dollar and yen stung as stocks regain footing

LONDON (Reuters) - The dollar and the yen fell sharply against higher-yielding currencies on Friday as a rebound in global stocks from the previous day's rout prompted some investors to creep back into riskier assets.

European Central Bank signals likely rate cut

European Central Bank policymakers cemented on Friday expectations that they will cut interest rates once more next month, possibly by half a percentage point again and well short of the action taken by other banks. Governing...

The BOJ hold interest rates as expected steady at 0.3 % after rate decision today

Good morning from Hamburg. Yesterday crude oil prices dipped below 50 USD, which is the lowest level since May 2005. Euro zone prices may fall for one or two months next Year, but the region is not facing deflation, said ECB...

Yen and dollar fall as equity markets recover

LONDON (Reuters) - The yen fell back sharply from earlier highs and the dollar weakened broadly on Friday as a rebound in global stocks from the previous day's rout curbed investors' demand for the Japanese and U.S. currencies.

Stock markets continue weakening

This past week we have seen inflation declining at a well sharper than expected pace in the United States aswell as in Canada. In the US Consumer prices posted the largest monthly drop in 61 years which has arisen concerns...

Gold Safehaven as Stock Markets Plunge to 11 Year Lows

Gold maintains its safe haven status - In an increasingly risk averse environment and in the wake of tumbling commodity markets, gold is maintaining a bid, albeit in a tight trading range with strong resistance at $777 ,...

Iceland faces a load road to recovery

Iceland faces a long road to recoveryFinal IMF approval of a US$2.1bn loan to Iceland marks only the first step in restoring the country's credibility in international markets. Supported by additional loans from a number of...

UPDATE 2-ECB opens 10 bln euro tap for Poland

By Marcin Goettig and Kuba Jaworowski WARSAW, Nov 21 (Reuters) - Poland's central bank on Friday bolstered its ammunition for fighting the effects of the global credit crunch on Polish banks with a deal allowing it to draw up...

Advice of the National Bank of Ukraine : do not buy dollars

Deputy Head of the National Bank of Ukraine Oleksandr Savchenko calls upon not to buy dollars of such high price."Remember, devaluation can be changed with revaluation," he told.Such tendency can change in 2009 in summer. He...

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