Trends - European Central Bank

European Central Bank

ECB's Lagarde says euro zone economy still on crutches

"Think of a patient which is out of a deep crisis but still on two crutches," Lagarde said.
"You don't want to remove either crutch, the fiscal or the monetary, until the patient can actually walk fine, and to do that means support well into the recovery."

Published 14 Apr, 2021 08:54pm

Markets

Europeans want digital euro to be private, safe and cheap: ECB survey

The ECB is working on creating an electronic form of cash to complement banknotes and coin but a digital euro is unlikely to be a reality for four to five years at a minimum.

Published 14 Apr, 2021 11:24am

Business & Finance

Italian banks boost corporate lending and domestic bond holdings

Loans to non-financial companies rose by 7.6% year-on-year, accelerating from a 7.3% rise in January, the monthly Bank of Italy report on domestic banks' balance sheets showed.
The growth in corporate lending is reversing a trend of sharp contraction over the last decade, driven by guarantees that Rome is providing to support the economy in the face of the COVID-19 epidemic.

Published 12 Apr, 2021 07:17pm

Markets

ECB must accept no further delay in lifting inflation: Panetta

The ECB ramped up stimulus last month but still only sees inflation rising to 1.4% by 2023, a level Panetta called unsatisfactory.

Updated 11 Apr, 2021 05:51pm

Markets

Euro zone yields dip, ECB says could reduce bonds buys

The central bank ramped up buying of sovereign bonds after a surge in U.S. Treasury yields lifted borrowing costs in the bloc and threatened Europe's tentative recovery.

Updated 09 Apr, 2021 12:08am

Markets

European stocks hit record highs after Fed holds stance

The pan-European STOXX 600 index rose 0.6pc, adding to gains notched earlier this week when the index erased all of its pandemic-driven losses.

Updated 09 Apr, 2021 12:08am

Markets

ECB's Holzmann hopes to reduce emergency bond buys in Q3: CNBC

The Austrian governor was echoing similar remarks by his Dutch peer Klaas Knot in a Reuters interview earlier this week.

Published 08 Apr, 2021 02:06pm

Markets

Euro zone bond yields flat, Italy's new issuance in focus

Italy started the process of selling new 50-year and 7-year bonds via a syndicate of banks on Wednesday, having flagged the new issues the previous day.

Updated 08 Apr, 2021 09:06am

Markets

Euro zone bond yields up in wake of U.S. jobs data

Lower-rated Southern European bonds underperformed higher-rated peers, with yields rising 3 to 7 basis points. Bond yields move inversely with prices.

Published 07 Apr, 2021 01:09am

Markets

US spending boom offsets Europe's lockdown blues

MSCI AxJ index up 0.7%; dollar gains on risky currencies.
Biden plans broad spending programme.
US bond yields turn steady in calmer trade.

Published 01 Apr, 2021 08:08pm

Markets

Euro zone bond yields fall despite a surge in inflation

Inflation excluding food and energy prices, a less volatile measure that the ECB watches more closely, slowed to 1%.

Published 31 Mar, 2021 11:47pm

Markets

German Bund yields at highest in almost two weeks, dragged up by Treasuries

A rally in European shares to near record highs and signs of a pick-up in inflation in big euro zone economies also weighed on euro area bonds, pushing 10-year yields up 4 to 5 basis points across the board.
In turn, Germany's 10-year bond yield rose over 5 bps to -0.26%, its highest level in almost two weeks. This left the gap with its US peers at just over 200 bps and near the widest levels in over a year.

Published 30 Mar, 2021 09:15pm

Markets

Euro zone yields rise, but surging COVID-19 cases fuel caution

German Chancellor Angela Merkel over the weekend pressured states to step up their pandemic response to try to stem the rise in cases.

Published 30 Mar, 2021 02:23am

Business & Finance

ECB must remain euro zone's stabiliser

There is a clear risk of self-fulfilling adverse dynamics taking hold, through which uncertain economic prospects induce households, firms and governments to hold back on expenditure plans, leading to a decline in overall demand that validates the loss in confidence about the future.
Hoping to prop up the economy until it is ready to reopen, the ECB has pushed borrowing costs to record lows through copious asset purchases and loans to banks at rates as low as minus 1%.

Published 27 Mar, 2021 06:27pm

Business & Finance

Deutsche Bank boosts bonuses despite criticism

FRANKFURT AM MAIN: Germany’s largest lender Deutsche Bank announced Friday a 29-percent hike in 2020 bonuses...

Updated 26 Mar, 2021 09:25am

Markets

German 10-year yield falls to February low as pandemic concerns weigh

The number of new confirmed coronavirus cases in Germany rose the most since Jan. 9, while the number of people with COVID-19 in French intensive care units set a high for 2021.

Published 25 Mar, 2021 11:48pm

World

Locked-down Europe: cash to spend, nowhere to spend it

"This underpins our cautious outlook for private consumption, which we do not see returning to pre-crisis levels before the end of 2022," it concluded.

Published 24 Mar, 2021 12:32pm

Markets

European shares edge higher as autos lead gains, Turkey-exposed banks fall

The pan-European STOXX 600 rose 0.2pc, reversing declines from earlier in the session, with automobile stocks rising for a fifth day in the past six sessions.

Updated 23 Mar, 2021 05:11pm

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

Business & Finance

ECB can accept limited deposit insurance scheme as first step

"In my view, this hybrid model could be a possible compromise way forward, as long as an EDIS with full risk-sharing, covering both liquidity needs and losses in the steady state, remains the end goal," de Guindos said in a speech.

Published 18 Mar, 2021 08:27pm

Markets

ECB stress testing broader economy over climate risk

"In the absence of further climate policies, the costs to companies arising from extreme weather events rise substantially, and greatly increase their probability of default."

Published 18 Mar, 2021 12:35pm

Business & Finance

ECB to look through temporary inflation rise, Elderson says

"Inflation increased sharply in January and February, and is likely to go up further in the coming months," Elderson said in a Twitter Q&A.
"This is mainly due to transitory factors, which we look through. Underlying inflation remains subdued owing to weak demand and economic slack," he added.

Updated 16 Mar, 2021 09:06pm

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

Business & Finance

ECB policymakers spar on fallout of US stimulus, outlook

The ECB decided on Thursday to accelerate money-printing to keep a lid on euro zone borrowing costs, signalling to sceptical markets that it is determined to lay the foundation for a solid economic recovery.
"Biden just came in, the bill has already passed, and the check's going to be in the mail next week," one source said.

Published 12 Mar, 2021 08:55pm

Markets

Global stocks, oil edge away from highs as stimulus rally ebbs

MSCI World down 0.2%, pressured by bond yields.
Oil, gold also lower; dollar gains.
Biden signs $1.9 trillion stimulus into law.

Updated 12 Mar, 2021 05:37pm

Markets

Tokyo's Nikkei closes up more than 1.7%

SoftBank Group rallied 3.35 percent to 10,635 yen on bargain-hunting, but Uniqlo casual wear operator Fast Retailing lost 0.13 percent to 94,700 yen.

Published 12 Mar, 2021 12:22pm

Markets

Asian stocks up on dovish ECB as Biden signs stimulus

Oil prices retreated from sharp gains as the dollar firmed, with US crude dipping 0.41% to $65.75 a barrel.

Published 12 Mar, 2021 11:26am

Markets

European shares hit new one-year peak

MILAN/LONDON: European stocks hit a new one-year high on Thursday as worries about a spike in inflation eased, while...

Published 12 Mar, 2021 05:10am

Business & Finance

ECB to accelerate bond buys on rates fears

FRANKFURT AM MAIN: The European Central Bank said Thursday it would significantly ramp up the pace of its pandemic...

Published 12 Mar, 2021 05:10am

Business & Finance

ECB policymakers agree on bond purchase target, differ on yield level aim

The sources said policymakers set on a monthly target for the its Pandemic Emergency Purchase Programme with a small tolerance band around it but agreed not to reveal it.
One of the sources said the ECB aimed to push down yields to where they were in December while another said improved economic prospects meant part of the recent increase in yields was justified.

Updated 11 Mar, 2021 10:04pm

Gainers
Losers
Leaders

Stock	Price
Popular Islamic Mod. / Apr 15 Popular Islamic Modaraba(PIM)	5.96 ▲ 0.96 (19.20%)
A. Shah Ghazi / Apr 15 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.25 ▲ 1.00 (16.00%)
Sana Ind. (R) / Apr 15 Sana Industries (R)(SNAIR)	8.01 ▲ 1.00 (14.27%)
Ashfaq Textile / Apr 15 Ashfaq Textile Mills Limited(ASHT)	8.50 ▲ 1.00 (13.33%)
Shaheen Ins. / Apr 15 Shaheen Insurance Company Limited(SHNI)	4.19 ▲ 0.39 (10.26%)
Bal. Glass / Apr 15 Balochistan Glass Limited(BGL)	11.01 ▲ 1.00 (9.99%)
Dandot Cement / Apr 15 Dandot Cement Company Limited(DNCC)	12.40 ▲ 1.00 (8.77%)
Pervez Ahmed Cons. / Apr 15 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.26 ▲ 0.10 (8.62%)
Ismail Ind. / Apr 15 Ismail Industries Limited(ISIL)	403.12 ▲ 28.12 (7.50%)
Sapphire Tex. / Apr 15 Sapphire Textile Mills Limited(SAPT)	875.05 ▲ 61.05 (7.50%)

Stock	Price
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	2.50 ▲ -0.49 (-16.39%)
Saif Power / Apr 15 Saif Power Limited(SPWL)	15.52 ▲ -2.89 (-15.70%)
Waves Singer / Apr 15 Waves Singer Pakistan Limited(WAVES)	20.85 ▲ -2.74 (-11.62%)
Frontier Cer. / Apr 15 Frontier Ceramics Limited(FRCL)	28.13 ▲ -2.17 (-7.16%)
First Prud Mod. / Apr 15 First Prudential Modaraba(PMI)	1.75 ▲ -0.13 (-6.91%)
Data Agro / Apr 15 Data Agro Limited(DAAG)	16.00 ▲ -1.18 (-6.87%)
TPL Trakker / Apr 15 TPL Trakker Limited(TPLT)	10.50 ▲ -0.75 (-6.67%)
Unicap Mod. / Apr 15 Unicap Modaraba(UCAPM)	3.41 ▲ -0.24 (-6.58%)
Jubilee Gen. Ins. / Apr 15 Jubilee General Insurance Limited(JGICL)	39.56 ▲ -2.44 (-5.81%)
Lalpir Power / Apr 15 Lalpir Power Limited(LPL)	16.85 ▲ -1.04 (-5.81%)

Stock	Volume
Worldcall / Apr 15 Worldcall Telecom Limited(WTL)	52,552,500 ▼ 0.00
Telecard / Apr 15 Telecard Limited(TELE)	46,356,000 ▼ 0.00
Hum Network / Apr 15 Hum Network Limited(HUMNL)	10,794,500 ▼ 0.00
Ghani Global Hold. / Apr 15 Ghani Global Holdings Limited(GGL)	8,892,000 ▼ 0.00
TRG Pak. / Apr 15 TRG Pakistan Limited(TRG)	6,452,601 ▼ 0.00
Attock Ref. / Apr 15 Attock Refinery Limited(ATRL)	6,173,600 ▼ 0.00
Unity Foods / Apr 15 Unity Foods Limited(UNITY)	5,745,913 ▼ 0.00
Netsol Tech. / Apr 15 NetSol Technologies Limited(NETSOL)	5,733,500 ▼ 0.00
Flying Cement (R) / Apr 15 Flying Cement Company (R)(FLYNGR)	5,333,000 ▼ 0.00
Ghani Global Glass / Apr 15 Ghani Global Glass Limited(GGGL)	5,228,000 ▼ 0.00

Markets →

Forex
World
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Currency	Rate

Stock	Volume

Item	Value

European Central Bank

ECB's Lagarde says euro zone economy still on crutches

Europeans want digital euro to be private, safe and cheap: ECB survey

Italian banks boost corporate lending and domestic bond holdings

ECB must accept no further delay in lifting inflation: Panetta

Euro zone yields dip, ECB says could reduce bonds buys

European stocks hit record highs after Fed holds stance

ECB's Holzmann hopes to reduce emergency bond buys in Q3: CNBC

Euro zone bond yields flat, Italy's new issuance in focus

Euro zone bond yields up in wake of U.S. jobs data

US spending boom offsets Europe's lockdown blues

Euro zone bond yields fall despite a surge in inflation

German Bund yields at highest in almost two weeks, dragged up by Treasuries

Euro zone yields rise, but surging COVID-19 cases fuel caution

ECB must remain euro zone's stabiliser

Deutsche Bank boosts bonuses despite criticism

German 10-year yield falls to February low as pandemic concerns weigh

Locked-down Europe: cash to spend, nowhere to spend it

European shares edge higher as autos lead gains, Turkey-exposed banks fall

ECB's Lagarde warns of uncertainty about speed of vaccination

ECB can accept limited deposit insurance scheme as first step

ECB stress testing broader economy over climate risk

ECB to look through temporary inflation rise, Elderson says

German yields rise with US treasuries as ECB impact fades

ECB policymakers spar on fallout of US stimulus, outlook

Global stocks, oil edge away from highs as stimulus rally ebbs

Tokyo's Nikkei closes up more than 1.7%

Asian stocks up on dovish ECB as Biden signs stimulus

European shares hit new one-year peak

ECB to accelerate bond buys on rates fears

ECB policymakers agree on bond purchase target, differ on yield level aim

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