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Euro is Back on the Scene for Global Central Banks

Reserve managers plan to add euros short and longterm OMFIF Positive rates boosting euro appeal Euro also benefits from dedollarisation LONDON, March 6 Reuters Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar39;s appeal. Roughly one […]
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German Exports Rise more than Expected in January

March 6 Reuters German exports rose more than expected at the start of the year thanks to rising demand from European Union countries and China, data from the federal statistics office showed on Wednesday. Exports rose by 6.3 in January compared with the previous month. The result compared with a forecast of a 1.5 increase […]
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Asia Stocks Climb; Gold, Bitcoin Drift after Hitting Highs

SINGAPORE, March 6 Reuters Asian stocks rose on Wednesday as traders awaited policy cues from Beijing during its weeklong annual session of parliament after a prior lack of stimulus measures disappointed some investors, while gold and bitcoin eased after touching record peaks. Traders were also hesitant to place major bets ahead of congressional testimony from Federal Reserve Chair Jerome Powell […]
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