Emerging Currencies Drop, Led by Forint, After Greece ‘No’ Vote

The Hungarian forint and the Romanian leu led emerging-market currencies lower as Greece’s rejection of austerity measures heightened the chance the nation will exit the euro, damping demand for riskier assets.

Euro zone set to report solid growth, for a change

LONDON (Reuters) - With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.

Merkel insists she wants Greece to remain in eurozone

Angela Merkel has insisted that she is confident Greece will be able to maintain its membership of the European single currency as she moved to distance herself from reports that she is willing to accept a Greek exit.

U.K. Would Prioritize Pound in Crises, ECB Tells Court

The Bank of England and other U.K. supervisors may prioritize sterling over the stability of the euro area during a crisis, a lawyer for the European Central Bank told a court today to justify its policy on clearinghouses.

Mario Draghi's pillow talk keeps the euro below $1.40

That Mario Draghi, he's such a tease. Rarely has there been a central banker who can string along financial markets by talk alone and the president of the European Central Bank was at it again on Thursday.Be patient, Draghi said.

Analysis: German court's ECB move leaves sovereignty unresolved

(Reuters) - By referring a complaint against the European Central Bank's bond-buying policy to the European Court of Justice, Germany's constitutional court has sidestepped a crucial dispute over who has ultimate authority in the European Union.

Euro can only succeed via political union: Greenspan

FRANKFURT: The euro can ultimately only succeed if EU countries agree to a political union, the former head of the US Federal Reserve, Alan Greenspan, said in an interview Sunday.

Euro Hedging Jumps as Europe Exporters Bemoan Gains: Currencies

The euro’s unexpected rally this year is spurring a jump in hedging as the currency’s strength threatens to damp earnings at companies from Deutsche Lufthansa AG (LHA) to luxury-goods maker LVMH Moet Hennessy Louis Vuitton SA. (MC)

Securing global economic security

Inflation is a significant factor of global economic security and has the innate capacity to upend carefully laid plans

Sir, Further to the article by Sam Fleming, “Incomes will plummet as inflation soars, report claims” (May 3), I agree that the erosion of earnings by inflation should move higher on the economic agenda.

Alexander Mirtchev

The Global Inflation Wave: Waiting for Constantine?

Source: The Globalist

Alexander Mirtchev and Norman Bailey,

In the wake of the global economic crisis, the world is trying to chart an economic path to the future and find a "new normal." As Alexander Mirtchev and Norman A. Bailey explain in the first installment in their series "The Search for a New Global Equilibrium," inflation as a factor of global economic security has the innate capacity to upend carefully laid plans and further upset the equilibrium.

Euro falls as German, French economies disappoint

LONDON (Reuters) - The euro dropped and European shares fell on Thursday as growth data from the region's two largest economies came in weaker than forecast, throwing a first quarter recovery for the bloc into doubt.

Currency war talk caps moves in euro, shares

LONDON (Reuters) - The euro hovered just above a two-week low against the dollar while world shares lost ground on Monday, as growing talk of currency wars unsettled investors.

Draghi Signals Euro Strength May Damp ECB Inflation Outlook

European Central Bank President Mario Draghi signaled policy makers are concerned that the euro’s advance could damp inflation and hamper an economic recovery.

World stocks higher on China recovery optimism

BANGKOK (AP) — World stock markets rose Monday on optimism that China's economic recovery is firmly taking root.

Stocks Stir After Holiday

Stocks were slightly higher on Wall Street on Wednesday, ahead of the resumption of negotiations over the federal budget in Washington.

Greece prime minister says country must stay in euro to be "modern and credible"

Antonis Samaras, the prime minister of Greece, says the European Central Bank's decision to start buying eurozone bonds has proved the beleaguered country must stay in the euro.

ECB can do more to bolster the euro: Christine Lagarde

WASHINGTON: International Monetary Fund chief Christine Lagarde is calling on the European Central Bank to take futher steps to stabilize the economy of the eurozone.