* German Bund yield at 1-week low. * Germany to finance climate package without new debt - source. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Dhara Ranasinghe and Yoruk Bahceli. Germany's government bond yields fell on Friday, with 10-year borrowing costs dipping to one-week lows following news that a climate package would be financed without new debt.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Longer-dated euro zone government bond yields edged lower on Friday as fresh tensions in the Middle East brought geopolitical risks back into focus and dragged share markets lower.
France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday. In a news conference alongside Germany's finance and economy ministers, Le Maire said the strategy was based on three pillars: "keep reducing public debt where it is necessary.
The ratings agency Standard & Poor's on Wednesday downgraded the outlooks for a handful of unlisted yet large German banks amid growing risks to the sector. DekaBank, an important player in the nation's savings bank sector, and DZ Bank, a pillar of Germany's cooperative banks, were among the financial institutions that had their outlooks downgraded to "negative" from "stable".
The following are some of the factors that may move German stocks on Wednesday: AUTOS. ACEA monthly European car registrations due. DEUTSCHE BOERSE. The German stock exchange operator is entering a cooperation with Google to digitalise internal processes, Chief Operating Officer Christoph Boehm told Handelsblatt. DEUTSCHE TELEKOM.
FRANKFURT-- When European Central Bank President Mario Draghi presented his final jolt of stimulus for the eurozone to the central bank's rate-setting committee Thursday, he faced a rebellion. At least seven board members of the 25- member body, including his closest aide and the heads of the French, German, Dutch and Austrian central banks, opposed his plans to restart a multi-billion-euro bond-buying program. But having flagged a possible stimulus for months, Mr.
* Newspaper paints Draghi as a vampire. * Bild says "the horror for German savers goes on" * ECB cut rates and delivered more stimulus on Thursday. By Paul Carrel. Germany's best-selling newspaper, Bild, on Friday accused European Central Bank President Mario Draghi of "sucking dry" the accounts of Germany's savers, a day after the bank cut interest rates deeper into negative territory.
Newspaper says ECB is hurting German savers. Not everyone's a fan of the European Central Bank's package of easing measures delivered Thursday. The German tabloid Bild put a photo of ECB President Mario Draghi with fangs-- calling him, "Draghilas".
The European Central Bank delivered excessive stimulus on Thursday as economic conditions had not deteriorated enough to necessitate such a large package, Bundesbank President Jens Weidmann told German newspaper Bild on Friday.
France and Germany said on Friday that Facebook's Libra currency posed risks to the financial sector that could block its authorization in Europe, and backed the development of an alternative public cryptocurrency. The criticism came as the European Central Bank said it was working on a long-term plan to launch a public digital currency that could make projects such as Libra redundant.
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