Latest News for: Europe central banks

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Millions of dollars being smuggled into Afghanistan daily: report

The News International 08 Feb 2023
That more than covers the as much as $17 million that Afghanistan’s central bank injects into the market each week ... When the Taliban retook Kabul after two decades in August 2021, the US and Europe blocked more than $9 billion in Afghan central bank reserves, fearing the funds would be used by the militant group for terrorism.
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Post-QE bond losses rising reality for central banks - BIS

Reuters 07 Feb 2023
The Swiss National Bank made a loss of 132 billion Swiss francs ($143 billion) last year, while the European Central Bank (ECB) now pays 2.5% interest on 4 trillion euros that commercial banks got for free during the crisis years ... The ECB and a number of national central banks in Europe have issued warnings, though.
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Post-QE bond losses rising reality for central banks – BIS

FX Empire 07 Feb 2023
The Swiss National Bank made a loss of 132 billion Swiss francs ($143 billion) last year, while the European Central Bank (ECB) now pays 2.5% interest on 4 trillion euros that commercial banks got for free during the crisis years ... The ECB and a number of national central banks in Europe have issued warnings, though.
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Wall Street points to mixed day of trading

San Francisco Chronicle 07 Feb 2023
Wall Street teetered between gains and losses in premarket trading Tuesday ahead of a discussion with Federal Reserve Chair Jerome Powell that might give clues about the central bank's interest rate plans for 2023 ... There is concern that the Fed and other central banks might tip ...
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Global stocks mixed after Wall St sinks on rate fears

North Shore News 07 Feb 2023
Traders worry the Fed and other central banks might tip the global economy into recession to extinguish inflation ... Traders worry the Fed and central banks in Europe and Asia might be willing to tip the global economy into recession to extinguish inflation that is at multi-decade highs ... central bank might push rates higher.
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Stock Market Today: Stocks Lower As Bond Yields Climb; Fed Chair Powell On Deck

Morgan Citizen 07 Feb 2023
and Europe, was also a reminder that central banks have not given up on their inflation fight, putting extra emphasis on Powell's speech later in the session ... at 12.40 pm eastern time as markets look to validate their conversion to the central bank's months-long rate path signals.
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Asian stocks mixed after Wall St sinks on rate fears

Fox31 Denver 07 Feb 2023
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street sank under pressure from interest rate worries, Japanese wages rose and Australia's central bank hiked its benchmark lending rate ... The Fed and central banks in Europe and Asia are trying to extinguish inflation that is at multi-decade highs by cooling economic activity.
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Stocks open mostly lower on Wall Street, except for tech

North Shore News 07 Feb 2023
Traders will be watching a discussion with Federal Reserve Chair Jerome Powell in the afternoon that might give clues about the central bank’s plans for interest rates ... There is concern that the Fed and other central banks might tip the global economy into recession, collateral damage from the fight against inflation.
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German court rejects climate lawsuit against automaker BMW

The Associated Press 07 Feb 2023
Wall Street teetered between gains and losses in premarket trading Tuesday ahead of a discussion with Federal Reserve Chair Jerome Powell that might give clues about the central bank's interest rate plans for 2023 ... There is concern that the Fed and other central banks might tip ...
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Asian stocks rebound after Wall St sinks on rate fears

North Shore News 07 Feb 2023
Shanghai, Tokyo, Hong Kong and Seoul advanced. Oil prices rose. Wall Street sank for a second day Monday after unexpectedly strong U.S ... The Fed and central banks in Europe and Asia are trying to extinguish inflation that is at multi-decade highs by cooling economic activity ... Friday’s employment data showed the U.S ... central bank might push rates higher ... .
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Stocks Edge Higher, Powell On Deck, CVS, Bed Bath & Beyond, Boeing - Five Things ...

The Post and Courier 07 Feb 2023
and Europe, was also a reminder that central banks have not given up on their inflation fight, putting extra emphasis on Powell's speech later in the session.� ... D.C., later today as markets look to validate their conversion to the central bank's months-long rate path signals.�.
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Raiffeisen Bank's Profit From Activity in Russia Exceeds $2Bln in 2022- Financial Report

Urdu Point 06 Feb 2023
The bank's operating profit in Russia was multiplied by 3.4, reaching 3.844 billion euros ($4.185 billion), the report said ... Raiffeisen International, an Austrian banking holding, operates in a number of countries in Central and Eastern Europe.
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Gold Price Forecast XAU/USD – Profit-Taking, Position-Squaring Likely to Generate Near-Term Pressure

FX Empire 06 Feb 2023
central bank’s benchmark overnight interest rate was seen peaking at 5.03% by June compared to 4.88% a day earlier ... The data underline a shift in attitudes to gold since the 1990s and 2000s, when central banks, particularly those in Western Europe that own a lot of bullion, sold hundreds of tonnes a year.
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Spanish court trims Andrea Orcel’s payout from Santander by €8m

Business Day 06 Feb 2023
In one of the banking industry’s biggest rows over pay, Orcel and ... Banks in Europe and at a global level had limited scope to pursue their normal dividend policy as central banks set limits for shareholder remuneration during part of that period due to the Covid-19 outbreak.
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‘Despite Challenges, Opportunities in Nigeria Are Immense’

This Day 06 Feb 2023
China was already facing a significant growth slowdown last year and its central bank was already cutting rates ... I think for Europe to a large degree, Europe is linked to what is going on in the United States because many of the challenges centre around inflation and the central banks trying to slowdown the economies.

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