DR

Dhara Ranasinghe

reuters.com

  • Singapore

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    • UPDATE 2-Bank stocks, Italy bonds rally as ECB's Coeure paves way for new cash boost for banks
      15 Feb 2019—reuters.com
      (Updates price action, adds chart) By Dhara Ranasinghe and Virginia Furness LONDON, Feb 15 (Reuters) - Euro zone banking shares jumped over three percent, the euro fell and Italy’s bond yields tumbled on Friday after the European Central Bank’s Benoit Coeure said a new round of cheap multi-year loans to banks was possible. Weak economic data, combined with uncertainty over Brexit and global trade tensions, have raised expectations that fresh stimulus measures from the ECB are likely in coming...
    • Jump in overnight euro bank lending rate baffles markets
      1 Dec 2017—reuters.com
      LONDON (Reuters) - A key overnight benchmark rate European banks use to lend money to each other showed signs of stabilizing on Friday after a surge this week that raised questions about possible funding stresses. The Euro Over Night Index Average (EONIA) EONIA= had spiked 12 basis points over two fixings, leaving analysts puzzled by the sudden surge. But on Friday it was fixed at -0.291 percent, down from -0.241 percent on Thursday, its highest since March 2016. Sponsored Still, EONIA was...