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Christine Lagarde

European stocks up

European stocks up

AMSTERDAM/LONDON: European stocks rose on Monday, led by growth-exposed sectors as encouraging comments from central...
Published 22 Jun, 2021 04:46am
US stocks climb despite sizzling inflation
Markets

US stocks climb despite sizzling inflation

  • US stocks pushed higher despite the prospect of a stimulus slowdown and a quicker rise in interest rates, as other data showed that first-time claims for jobless benefits continued to fall last week.
Published 10 Jun, 2021 10:00pm
How to revive economy?
Opinion

How to revive economy?

Pakistan’s economy is currently facing multi-dimensional economic challenges that include slower economic growth,...
Published 01 Jun, 2021 04:59am
Euro zone business growth hits three-year high but ECB cautious
World

Euro zone business growth hits three-year high but ECB cautious

  • As the economy rebounds and confidence improves, some policymakers are making the case for the ECB to start giving up its emergency measures and revert to more traditional forms of stimulus.
  • "We are committed to preserving favourable financing conditions. It's far too early and it's actually unnecessary to debate longer-term issues," Lagarde said on Friday.
Published 21 May, 2021 08:31pm
Euro regains poise as data points to stronger recovery
Markets

Euro regains poise as data points to stronger recovery

  • The euro gained 0.3% to $1.2055 while the dollar index, measured against a basket of currencies, was down 0.2% .
  • Real yields in the US remain deeply negative on a 10-year basis and reflect some of this uncertainty that will continue to limit the upside for the US dollar.
Published 23 Apr, 2021 05:32pm
ECB keeps cheap money tap open
World

ECB keeps cheap money tap open

FRANKFURT: Christine Lagarde on Thursday underlined the European Central Bank’s commitment to cheap money as the...
Updated 23 Apr, 2021 10:04am
Pandemic upsurge hits Europe recovery hopes
World

Pandemic upsurge hits Europe recovery hopes

  • Credit insurer Euler Hermes estimates that the EU is now seven weeks adrift of its target to have 70 percent of the population vaccinated by the end of the summer, compared with five weeks in February.
Updated 28 Mar, 2021 05:32pm
ECB's Lagarde warns of uncertainty about speed of vaccination
World

ECB's Lagarde warns of uncertainty about speed of vaccination

  • "The near-term economic outlook is subject to uncertainty, relating in particular to the dynamics of the pandemic and the speed of vaccination campaigns," Lagarde said in a blog post on the ECB's website.
  • We therefore stand ready to adjust all of our instruments, as appropriate, to ensure that inflation moves towards our aim in a sustained manner, in line with our commitment to symmetry.
Published 22 Mar, 2021 09:22pm
German yields rise with US treasuries as ECB impact fades
Markets

German yields rise with US treasuries as ECB impact fades

  • Ten-year US Treasury yields rose to over 1.63%, their highest level since February 2020 and their German equivalents, the benchmark for the region, rose as high as -0.293%.
  • Italian 10-year yields, which outperformed the market on Thursday as the country is among the top beneficiaries of ECB bond buying, were up 5 basis points at 0.63%.
Published 12 Mar, 2021 09:36pm