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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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By Inyoung Hwang and Michael P. Regan, Bloomberg |
October 12, 2012
U.S. stocks erased an early rally as Wells Fargo & Co.’s shrinking profit margin and weakness in European markets overshadowed a jump in consumer confidence to the highest level since the recession started.
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By Jon Nadler |
September 21, 2012
Some of the Fed-induced euphoria that became manifest one week ago dissipated during the course of this week as market participants were left with an environment wherein Fedspectations can now be considered as being off the table.
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By Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
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September 4, 2012
European Central Bank President Mario Draghi said the bank’s primary mandate compels it to intervene in bond markets to wrest back control of interest rates and ensure the euro’s survival.
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By Rainer Buergin, Bloomberg |
August 27, 2012
Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.
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By Phil Flynn |
August 21, 2012
As if we did not have enough reasons for oil to rally, another has just developed and we'll call it Tropical Depression Number 9.
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By Susanne Walker, Bloomberg |
August 20, 2012
Treasury 30-year bonds gained after the European Central Bank said it hasn’t discussed any plan to target bond yields of euro-bloc members, reinforcing concern leaders will fail to curb the region’s debt crisis.
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By Joseph Ciolli, Bloomberg |
August 8, 2012
The euro weakened against its most-traded counterparts as a drop in German industrial production, lower U.K. growth forecasts and ratings cuts for Spain and Italy raised concern Europe’s sovereign-debt crisis is worsening.
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By Joseph Ciolli, Bloomberg |
August 6, 2012
The dollar fell against most of its major counterparts as risk appetite increased amid speculation central banks may take further steps to boost economic growth.
