LONDON The European Central Bank is all but certain to keep its rates and asset-buying package unchanged today, repeating its December pledge to preserve "substantial" stimulus, even if the economy is moving in the right direction. ECB president Mario Draghi can also argue the recovery is by no means self-sustaining, underlying inflation is weak and the political risk from key elections is still a worry. On oil prices, he may well acknowledge they are higher than expected but merely
LONDON Donald Trump's surprise U.S. presidential election victory sparked a frenzy of trading and hedging late last year that boosted top U.S. banks' revenue by 26 percent, according to Reuters calculations, and looks set to keep driving activity.
NEW YORK U.S. companies are set to report their strongest profit growth in two years, which could go a long way toward justifying Wall Street's record-breaking rally, say stock investors who anticipate many companies will top expectations.
BERLIN A “golden decade” of growth and prosperity in Germany risks fading if the government fails to heed calls to increase investment and pursue structural reforms that lay the foundations for a new phase of economic expansion.
LONDON Stocks have never been higher, the economy is far stronger than most had predicted and the apocalyptic recession forecasts have been quietly withdrawn. Yet for all that, investor pessimism about UK markets runs deep.
ISTANBUL/ANKARA For some of Turkish President Tayyip Erdogan's aides, the mere suggestion that the central bank should raise interest rates as the lira slides through new record lows amounts to a plot against the state.
SYDNEY A decade ago, Australian billionaire James Packer had a clear, if unconventional, strategy: to turn his father's established television-to-newspaper conglomerate into a casino empire, tapping Asia's richest gamblers.
BOSTON Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase & Co $50 million richer.
BERLIN/FRANKFURT Germany is reviewing its powers to block foreign acquisitions after a spate of Chinese takeovers, but the government's commitment to free trade beats its concerns about haemorrhaging strategic technologies and will limit any changes.
FRANKFURT A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands from some hardliners for the European Central Bank to choke off it ultra-generous monetary policy.
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- British Pound Report: UPDATE 1-Pound pounces on soft euro, keeps dollar at bay
- US Dollar Report: FOREX-Dollar holds gains after strong data; euro rises
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- Illness forces Northern Ireland's McGuinness to quit politics
- U.S. strikes in Libya kill more than 80 Islamic State fighters
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- Syria's Assad hopes for 'reconciliation' deals from Astana talks
- Dollar, bond yields up on strong U.S. data; Wall St. dips
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