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Every cent helps: euro zone explores scrapping smallest coins
ReutersBRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs. The European Commission outlined proposals this week for...Tags: Foreign Exchange Market, ING Group, Consumers, European Parliament, Economy, Business and Finance
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Brussels, Berlin lukewarm on Hollande's euro zone vision
ReutersBRUSSELS (Reuters) - European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration on Friday, noting that many of his ideas were already in circulation. In a 2-1/2-hour news...Tags: France, Foreign Exchange Market, International Organizations, Economy, Business and Finance, Germany
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CANADA FX DEBT-C$ eases to 2-month low on weak CPI data
Reuters* C$ at C$1.0311 vs US$, or 96.98 U.S. cents * US$ strengthens near 10-mth high on Fed QE debate * Bond prices rise across curve By Solarina Ho TORONTO, May 17 (Reuters) - The Canadian dollar weakened to its softest level against its U.S. counterpart...Tags: Foreign Exchange Market, Federal Reserve, Central Bank, Economy, Business and Finance, Inflation and Deflation
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GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit
Reuters* Fed's Williams says could begin stimulus withdrawal this summer * U.S. consumer sentiment rises to highest in nearly 6 years * U.S. dollar index hits nearly three-year high, stocks climb * U.S. Treasuries prices fall further after sentiment data By...Tags: Foreign Exchange Market, Stock Activities, S&P 500, Federal Reserve, Consumers
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Auto stocks lead European shares to 4th straight weekly gain
Reuters* FTSEurofirst 300 up 0.2 pct, Euro STOXX 50 up 0.4 * Indexes up for 4th consecutive week * U.S. data pushes FTSEurofirst 300 to new 5-yr high * Auto stocks lead cyclical rally after sales increase By Francesco Canepa LONDON, May 17 (Reuters) - A...Tags: Economy, Business and Finance, Michelin Group
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GLOBAL MARKETS-Dollar slips on weak U.S. data, stocks flat
Reuters* Dollar retreats from gains against euro and yen * Equity markets decline on soft housing, labor market data * Bond prices rise on data, Brent oil edges higher By Herbert Lash NEW YORK, May 16 (Reuters) - Global equity markets traded slightly lower and...Tags: Foreign Exchange Market, S&P 500, Stock Activities, Unemployment Benefits, Cisco Systems Inc.
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GLOBAL MARKETS-Stocks slip, dollar gains on Fed policy remarks
Reuters* Dollar recovers after president of San Francisco Fed speaks * Wall Street drops further but Cisco surges on earnings * Bond prices rise on poor U.S. economic data * Brent oil settles slightly higher By Herbert Lash NEW YORK, May 16 (Reuters) -...Tags: Commodity Markets, Foreign Exchange Market, Stock Activities, S&P 500, Quarterly or Semiannual Financial Statements
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France's Hollande urges euro zone government
ReutersPARIS (Reuters) - French President Francois Hollande called on Thursday for an economic government for the euro zone with its own budget, the right to borrow, a harmonized tax system and a full-time president. At a 150-minute news conference marking...Tags: Pension and Welfare, Temporary Assistance for Needy Families, Government, Nicolas Sarkozy, Career and Workplace
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Big drop in gas costs pushes down US consumer prices in April by most in 4 years
AP Economics WriterWASHINGTON (AP) — A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in...Tags: Unemployment Rate, Finance, Washington, DC, Federal Reserve, Consumers
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Cooling prices, falling imports highlight euro zone's malaise
Reuters* Euro zone annual inflation down to 1.2 pct in April * Bloc's trade surplus widens to 22.9 bln euros in March By Robin Emmott BRUSSELS, May 16 (Reuters) - Falling prices in Germany and France pulled euro zone consumer inflation to a three-year low...Tags: France, Commodity Markets, Foreign Exchange Market, Trade Balance, Economy, Business and Finance
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GLOBAL MARKETS-Weak euro data, central bank support bolster dollar, shares
Reuters* Euro slides 0.1 against dollar after weak euro zone inflation * Data reinforces expectations of monetary policy easing * European shares dip but still near multi-year highs * Japanese growth spurt 'proves Abenomics is working' By Richard Hubbard...Tags: Commodity Markets, ING Group, Foreign Exchange Market, Tokyo (Japan), Economy, Business and Finance
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US STOCKS-Futures flat with data on tap; Cisco jumps
Reuters* Cisco jumps after earnings, outlook * CPI, housing starts, jobless claims data on tap * Futures: Dow up 3 pts, S&P flat, Nasdaq up 2 pts By Chuck Mikolajczak NEW YORK, May 16 (Reuters) - U.S. stock index futures were little changed on Thursday,...Tags: Land Price, Weather Reports, Economic Indicator, Tesla Motors, Inc., S&P 500
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