Same Crisis Has Nomura and Barclays Making Opposite Dollar Calls

As the rout in global stocks and commodities altered bets on the trajectory of the currency market, two of the most influential banks adjusted their dollar forecasts -- in opposite directions.

FOREX-Dollar rallies as Greek deal renews focus on Fed rate hike

NEW YORK, July 13 (Reuters) - The dollar rallied against the euro, yen, and Swiss franc on Monday after a debt deal between Greece and its international lenders renewed focus on the possibility that the U.S. Federal Reserve might hike interest rates in September.

UK inflation negative for first time since 1960; BoE says temporary

Britain's annual rate of consumer price inflation fell below zero for the first time in more than half a century, official figures showed on Tuesday, though Bank of England Governor Mark Carney said the dip was likely to be brief.

Greece debt deal: Reforms will 'combat tax evasion'

Greece will crack down on tax evasion and streamline its civil service in its bid to secure a bailout extension, minister of state Nikos Pappas says.

ECB's Praet says risk of price deflation limited: paper

(Reuters) - The risk of price deflation in the euro zone is limited and ECB figures suggest a much lower probability than those of the International Monetary Fund, ECB chief economist Peter Praet told two Belgian newspapers.

Market jolt is reality check for investors

NEW YORK (AP) -- Sometimes a little fear is healthy for stock investors. Nine days ago, after a series of sharp sell-offs, the Standard & Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified.

ECB's Draghi says ready to do more to fight low inflation

(Reuters) - The European Central Bank is ready to use further unconventional policy tools if needed to stave off the risk of inflation remaining too low for too long, ECB President Mario Draghi said on Thursday.

Euro Drop to $1.20 Seen by Nomura on No Crisis: Chart of the Day

The euro will weaken more than 5 percent against the dollar by June in a slide that option traders forecast will be slower than the tumble during Europe’s debt crisis in 2012, according to Nomura Holdings Inc.

Draghi raises QE hopes again

The European Central Bank is ready to use a bigger bazooka to jump start growth and inflation in the euro-area should its existing measures fail to have an effect, said Mario Draghi.

Europe's big banks in tentative return to growth mode

LONDON, Sept 12 (Reuters) - Europe's big banks returned to growth mode in the first half of this year, expanding their books by 530 million euros ($685 million), in a sign they are starting to get back on their feet after the financial crisis.

A capital markets union could be next thing in EU's in-tray

LONDON (Reuters) - The European Union may seek to tighten its grip over financial markets to help find funds to boost economic growth, a move that could stoke anti-EU sentiment in Britain, the EU's largest financial centre.

No clash between ECB and IMF on extra steps to boost inflation: Benoit Coeure

LUXEMBOURG: There is no disagreement between the European Central Bank and the International Monetary Fund on the possibility of additional steps to boost euro zone inflation, in case the current steps are ineffective, ECB executive board member Benoit Coeure said.

Investors look to China and U.S. after ECB fights deflation risk

(Reuters) - This week's light calendar gives investors room to digest the European Central Bank's radical moves to avert deflation and look beyond U.S. data which, in more normal times, might imply higher interest rates.

Further ECB easing to have little to no money market impact: poll

(Reuters) - If the European Central Bank lives up to expectations for interest rate cuts and a liquidity operation on Thursday, such moves would only lower near-term money market rates slightly, a Reuters poll found on Monday.

Stocks barely budge at end of volatile week

After hitting new highs earlier in the week, stocks were under pressure for a third day Friday as worries about the economic recovery grow.

A year on from the financial hurricane, Cyprus president pushes for unification

Makarios Avenue is a sorry sight. Once the archetypal image of Cyprus's rejuvenation after its 1974 invasion by Turkey, the high-end boutiques of Nicosia's main shopping street are boarded up, its fashion shops plastered with "for rent" signs and its once- thriving cafes closed and shuttered.

Spanish inflation up 0.3 per cent in November

MADRID: Inflation rose by 0.3 in Spain in November, after staying flat in October, official data showed Friday, amid concern that deflation could dent the recovery in some eurozone countries.

Jobs and price growth offer hope for euro zone

BRUSSELS – The first fall in euro zone unemployment in almost three years coupled with rising prices gave fresh momentum to an economic recovery, but a growing rift between the bloc's haves and have-nots continued to widen.

EU backs new joint banking supervision

LUXEMBOURG: European Union officials on Monday approved the creation of a centralized banking supervisor, even though they still squabbled over the next steps in the bloc's quest to stabilize its financial system.

ECB ready to add liquidity if necessary: Makuch

BRATISLAVA: The European Central Bank stands ready to pump more liquidity into the market if needed, ECB Governing Council member Jozef Makuch said on Monday.