Foreign-exchange traders are bracing for one of the most pivotal meetings of the European Central Bank in years, where policy makers are set to pave the way for its first rate increase since 2011.

BENGALURU, June 9 Reuters Indian shares extended losses to a fifth session on Thursday, as investors worried that aggressive policy tightening by central banks could stifle global economic growth. The NSE Nifty 50 index was down 0.17 at 16,327.15, as of 0438 GMT, while the SP BSE Sensex fell 0.19 to 54,790.26. We are mirroring global markets. […]

Rates as of 0500 GMT Market Recap Oops! Yesterday I said that the Eurozone GDP usually isnt revised or if it is, its only by 10 bps, so it doesnt matter although I did say that with the recent gyrations in GDP there have been some larger differences. Well, yesterday was one of those days […]

LONDON, June 9 Reuters The euro held near its highest point in 712 years versus Japan39;s yen on Thursday before a potentially pivotal European Central Bank rate decision, with policymakers expected to announce an end to the bank39;s multiyear monetary stimulus. The ECB is all but certain to flag an end to its longrunning asset […]

June 9 Reuters The Russian rouble firmed in early trade on Thursday, heading towards 62 against the euro on the Moscow Exchange, while stock indexes inched lower, lacking new momentum and trading ideas. At 0735 GMT, the rouble was 0.2 stronger against the dollar at 59.30 and had gained 0.9 to trade at 62.96 versus […]