NEW YORK - Stock markets worldwide launched the fourth quarter on a negative note on Wednesday, as tepid manufacturing data weighed on European markets and the first confirmed case of Ebola in the United States added to growing volatility in U.S. equities.
LONDON - The Bank of England must keep a close eye out for any signs that sterling's recent strength has masked underlying inflation pressures in Britain, one of the central bank's newest policymakers said on Wednesday.
DUBLIN - Limiting how much banks can lend to home buyers should be examined as sharp price rises fuel fears that another property bubble is building up in Ireland, research from the country's central bank said on Wednesday.
BANGALORE - The euro will weaken further over the coming year, according to analysts polled by Reuters, who said the possibility of further stimulus from the European Central Bank due to rising deflation risks will drag the currency lower.
LONDON - The Bank of England has eased a curb on risky mortgages that are large relative to a borrower's income, amid signs that Britain's housing market has begun to cool.
TOKYO - The Bank of Japan is likely to offer a bleaker view on factory output at its rate review next week, people familiar with its thinking said, on growing signs that the pain from a sales tax hike in April is denting a fragile economic recovery.
LONDON, - British manufacturing grew at the slowest rate in 17 months in September as demand weakened at home and in Europe, a slowdown likely to be noticed by the Bank of England as it debates when to start raising interest rates.
TOKYO - Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey showed, adding to signs that a solid economic pickup will remain elusive without another burst of stimulus.
NEW YORK - The dollar advanced on Tuesday after weak euro zone inflation data for September heightened expectations of stimulus from the European Central Bank, while world stock markets recorded their largest quarterly drop in more than two years.
- European Central Bank President Mario Draghi is set to push the ECB to buy junk-rated Greek and Cypriot bank loans, a move that may increase tensions between Germany and the bank, the Financial Times reported.