Non-Eurozone ESCB

Cheaper petrol and pork help record inflation fall

LONDON (Reuters) - Lower prices of petrol and pork in October helped consumer price inflation to post its biggest drop since records began, falling to an annual rate of 4.5 percent from September's peak of 5.2 percent.

Supermarkets talk up price cuts... but hike prices by 21%

Margin: Tesco, Asda, Sainsbury's and Morrisons may be 'fattening up' their profit margins at the expense of customers and suppliers. Supermarkets have been accused of 'fattening up' their profits while claiming they are cutting...

Banks lead European markets down

European stock markets fell Tuesday following Asian losses amid further gloom about the state of the world economy and the banking system's prospects in particular. Banks across Europe were particularly badly hit by recession...

Euro slips, dragged lower by weak shares

LONDON (Reuters) - The euro fell against the dollar and the yen on Tuesday, as a stream of evidence that the global economy is continuing to suffer kept demand intact for unwinding risky positions in favor of low-yielding...

Banks lead European markets down after Citigroup jobs announcement; Wall Street set for losses

By PAN PYLAS , Associated Press LONDON - Banks across Europe were particularly badly hit by recession fears after Citigroup announced it would cut thousans of jobs, with Barclays PLC down 6 percent, HBOS PLC another 12 percent,...

Bank of England to Ease Policy Further to Meet 2% Target For Inflation

Written by David Song, Currency Analyst Fundamental Headlines • Yang to Step Down as Yahoo CEO – Wall Street Journal • Ford Tallies Potential Losses – Wall Street Journal • Citi cuts 52,000 more jobs, Pandit plans to shrink...

British Pound in Play with Inflation to Reverse From Record High (Euro Open)

Written by Ilya Spivak, Currency Analyst The British Pound takes center stage in European trading with the UK Consumer Price Index headlining the economic calendar. Expectations call for the annual inflation rate to fall to...

US Treasuries eke out some additional gains in quiet session

Markets: Fixed Income On Monday, global bonds eked out some moderate gains, continuing its multiday up-leg. For most of the day, equities were the driving force behind bond trading, with the eco data only having a very...

GBPUSD: Trading the U.K. Consumer Price Index

Inflation in the U.K. is anticipated to pull back from a record high as economists forecast the consumer price index to fall to 4.8% from 5.2% in September. Trading the News: U.K. Consumer Prices What’s Expected Time of...

Glance-European Factors--Shares set to start marginally higher

LONDON, Nov 18 (Reuters) - European index futures pointed to a marginally higher open on Tuesday, but investors were expected to trade cautiously following losses in U.S. and Japanese markets and mounting concerns about the...

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