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Euro banks
Banks, chipmaker Infineon help European stocks tackle global gloom
The DAX chart of the German stock index is pictured on the stock exchange in Frankfurt, Germany on September 29, 2021. REUTERS / StaffBanks jump on rate expectationsEurozone business growth slowed in September - PMIInfineon on optimistic…
Stagflation fears keep stock markets in a bad mood
LONDON (Reuters) - Global stocks were down on Monday and the dollar remained close to its one-year highs amid fears that higher inflation, supply shortages and problems in China's real estate sector could put the spotlight on global…
A month of $ 100 billion worth of high-quality U.S. bond sales is on deck
(Bloomberg) - Wall Street syndicate offices expect to see $ 90 billion to $ 100 billion in premium U.S. bond offerings in October, including up to $ 20 billion next week.Bloomberg's Most ReadThat's higher than the $ 80 billion set in…
Digital Euro Project Adds Italian Payment Provider Nexi
Several countries have started planning to launch their central bank digital currency (CBDC). In July, the Governing Council of the European Central Bank (ECB) launched the investigative phase of a digital euro project.
The instruction…
Pound weakness eases as accumulated positioning unfolds
Discussion points:Accumulated hawkish expectations cause sterling to sell off as sentiment stagnatesKey EUR / GBP and GBP / USD levels to watchEUR / GBP is trading at a two-month high, with the pound posting its worst performance against…
PSCU appoints two SVPs to facilitate growth
PSCU, a credit union service organization (CUSO), held two senior vice president positions, according to a press release on Wednesday, September 29.
Chris Gunnare, a payments and credit union (CU) industry veteran, joined PSCU in 2017 as…
Beijing pumps more money as China’s real estate crisis worsens
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UK households face tough winter as cost pressures created by a shortage of delivery drivers and border bureaucracy mean further price hikes are now 'inevitable', retail bosses have warned , Tim Wallace writes.
The British Retail…
European Central Bank will not overreact to fleeting inflation
FRANKFURT, Germany (AP) - Europe's current inflationary surge is temporary and will not cause the European Central Bank to 'overreact' by withdrawing stimulus or raising interest rates, said Tuesday the President of the ECB Christine…
Oil price surpasses $ 80 as power shortages in China worsen
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Goldman Sachs has slashed China's economic growth forecast as the current superpower's energy crisis hits industrial production and pushes Beijing to turn to foreign imports of coal.
Power shortages caused by China's lack of coal…
Bank of Ireland blames Irish salary cap as CFO announces departure
General view of a branch of the Bank of Ireland in Dublin, Ireland on March 1, 2021. REUTERS / Clodagh KilcoyneDUBLIN, Sept.27 (Reuters) - The Bank of Ireland (BIRG.I) blamed state restrictions on bankers' salaries and bonuses for the…