China’s Anbang Insurance Group Co., which has twice sweetened its offer to buy Starwood Hotels & Resorts Worldwide Inc., is engaged in a high-stakes bidding war with Marriott International Inc. to acquire the owner of the upscale Sheraton, Westin and St. Regis brands. Win or lose, the latest $14 billion bid unveiled Monday by … More Chinese shopping spree . .
As Mario Draghi prepares to ramp up debt purchases starting Friday in his biggest assault against euro-area deflation risks, he’s about to get another sense of the magnitude of the challenge. Consumer prices in the currency zone probably fell for a second month in March and the unemployment rate remained in double digits in … More European Union : Inflation below zero
Prime Minister David Cameron attacked the U.K. Independence Party for seeking to use Tuesday’s terrorist attacks in Brussels to make the case for Britain to leave the European Union. UKIP’s defense spokesman, Mike Hookem, issued a statement saying the “horrific act of terrorism” showed that EU free-movement rules and “lax border controls” are “a … More Voting for Exit..?! – Next step “Brexit”.
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according to economists. These five — the U.K., France, Spain, Greece, and Croatia — include three of Europe’s five … More European Union – ”Fiscal Discipline”
For the first time since the Asian and Russian crises rocked world financial markets in the late 1990s, U.S. monetary policy is as focused on the risks to global growth as it is on the domestic economy. Driving the resurgent internationalism inside the Federal Reserve is concern about how dollar strength — reinforced by aggressive … More Dovish outlook.., is the world economy “fragile place” ..?!
Financial markets are being swayed by divergent monetary policies in the world’s leading economies. Fed funds futures show the odds of a U.S. rate increase by the end of June have shot up to 54 percent from about 6 percent in the past month as data indicated growth is strengthening in the nation. China … More Investor’s: Are we waiting for something..?!
The top of the oil market may be closer than we think. According to the International Energy Agency there is a light in the tunnel for the prices of the oil,with Brent futures having bounced back to $40 a barrel. Even so, many analysts warn that, like the failed rally last year, this recovery … More If it hits the bottom..,the top may not be too far
Investors are gaining confidence that March’s rally in equities and credit markets has further to run. The Stoxx Europe Index and the MSCI Asia Pacific Index were on course for the highest closes in two months. Shares in Egypt extended the longest rally since December after the country’s central bank devalued its currency, and the thawing … More Central bank’s lift credit,bonds
Chinese stocks climbed the most in more than a week after the new head of the securities regulator signaled he will keep propping up the equity market and developers announced acquisitions.Liu Shiyu, chairman of the China Securities Regulatory Commission, said it was too early to think about the state rescue fund leaving the market, … More Asian market’s outlook . .
The ECB is expected to deliver a package of easing measures at a March 10 meeting, or risk disappointing markets that are already pricing aggressive action. Expected policy measures include a deposit-rate cut by at least 10 basis points, an increase of 10 billion to 20 billion euros in monthly asset purchases and an … More European market’s.., Preview