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  • FOREX-Dollar, yen hold gains as job losses cloud outlook 3 Jul 2009 01:20 GMT
    ... on the euro were comments from European Central Bank President Jean-Claude Trichet that euro-zone activity would ... for the rest of the year. The ECB left its benchmark refinancing interest rate at a record low of 1 percent on ...

  • European Central Bank implements liquidity infusion 3 Jul 2009 01:11 GMT
    ... The European Central Bank's, ECB, kept its key rate unchanged at 1% ... 22-member council also left its other two interest rates - the marginal lending rate and the ... outside the Euro zone, halved its key interest rate to 0.25%, which is the lowest since ...

  • AP Top Business News At 8 P.m. EDT 3 Jul 2009 00:42 GMT
    ... for sales GM waits for judge's ruling on sale plan Oil prices tumble as Europe and the US shed jobs ECB keeps interest rate at 1 pct (© 2009 The Associated Press. All Rights Reserved. This material may not ...

  • European Central Bank keeps interest rate at 1% 3 Jul 2009 00:11 GMT
    ... MYT 8:03:15 AM European Central Bank keeps interest rate at 1% LUXEMBOURG: The European Central Bank ... economy. Bank President Jean-Claude Trichet said the ECB was pleased by the demand for its ... 1 percent since October. The ECB sets interest rates for the 16 countries that use the ...

  • Carmakers fall after German auto sales drop 3 Jul 2009 00:11 GMT
    ... Carmakers fall after German auto sales drop EUROPE REPORT: ... Eurostoxx: 2,369.65 (-80.08) Paris CAC: 3,116.41 (-100.59) Frankfurt Dax: 4,718.49 (-186.95): EUROPEAN BOURSES fell as ... The European Central Bank's decision to hold interest rates at 1 per cent was widely ...

  • STOCKS NEWS ASIA-Stocks to fall after poor U.S. jobs data 3 Jul 2009 00:10 GMT
    ... STOCKS NEWS ASIA-Stocks to fall after poor U.S. jobs data ... 2.5 percent. The European Central Bank left interest rates at 1 percent, raising expectations of low ... in hands of US bankruptcy judge > ECB holds rates, to start buying bonds next ...

  • European price data to raise threat of deflation 3 Jul 2009 00:02 GMT
    ... Berlin - European inflation slipped into negative territory in June, ... energy and food prices. European Central Bank (ECB) chief Jean-Claude Trichet warned earlier this year ... ECB meeting, which is expected to leave interest rates in the currency bloc on hold as ...

  • ECB holds rates at record low, to take stock of actions 3 Jul 2009 00:02 GMT
    ... The decision had been seen as a near certainty. Eighty-one ... a 8:30 a.m. EDT news conference with ECB President Jean-Claude Trichet. Economists think he will ... central bank shocked markets by cutting its interest rates by a further 25 basis points to ...

  • Disputes rage over the role of banks in economic contraction 3 Jul 2009 00:02 GMT
    ... “This is unacceptable in the sense that it is conducted ... of months. “In an environment of increasing interest rates, its inevitable that you will be making ... that it would last forever: “Since the Central Bank of Turkey is ending its easing cycle, ...

  • Expect Indian Markets to remain range-bound 3 Jul 2009 00:01 GMT
    ... The S&P 500 rose on Tuesday as investors hunted for ... its statement closely for clues on the central bank's economic outlook. The dollar fell by ... Treasuries gained. The greenback extended declines as European Central Bank council member Axel Weber said ...

  • World Market View and Indian Stock Market Call: Nirmal Bang Securities 3 Jul 2009 00:01 GMT
    ... Asian stocks rose as commodity prices jumped amid optimism the ... Reserve official speaking today will signal the central bank intends to keep interest rates low. Chinese industrial companies’ profits fell at ...

  • ECB puts euro zone interest rates on hold 3 Jul 2009 00:00 GMT
    ... THE EUROPEAN Central Bank (ECB) kept euro zone interest rates at 1 per cent yesterday, bolstering expectations they will stay there well into next ...

  • US dollar gains as US jobs report rattles markets 2 Jul 2009 23:31 GMT
    ... said analyst Kathy Lien, writing on the website FX360. Also on Thursday, the European Central Bank kept its main interest rate steady at a record low of 1.0 percent as ECB chief Jean-Claude Trichet downplayed a threat of deflation in the eurozone. But Boris Schlossberg of ...

  • ECB keeps interest rate at 1 percent 2 Jul 2009 23:30 GMT
    ... FRANKFURT - The European Central Bank, or ECB, kept interest rates steady as it rolls out new tools to battle the worst recession since World ...

  • Iceland decides to uphold its currency 2 Jul 2009 23:30 GMT
    ... main instrument to stabilize inflation,’the recession-hit country’s central bank leaves the main interest rate unchanged at 12 percent. Iceland’s central bank ... the central bank’s "privilege" to set benchmark interest rates, adding that policy makers’ decision to lower ...


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