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By Jeff Black and Jana Randow, Bloomberg |
August 2, 2012
European Central Bank President Mario Draghi signaled the ECB intends to join forces with governments to buy bonds in sufficient quantities to ease the region’s debt crisis, while conceding that Germany’s Bundesbank has reservations about the plan.
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By David Goodman and Mariko Ishikawa, Bloomberg |
August 1, 2012
The dollar swung between advances and declines against the euro as investors awaited policy decisions from the Federal Reserve and European Central Bank amid mounting evidence that economies around the world are slowing.
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By Phil Flynn |
August 1, 2012
The oil market sold off on better than expected economic data in the US making it less likely that the Fed will move at this meeting.
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By Rita Nazareth and Julia Leite, Bloomberg |
July 30, 2012
Most U.S. stocks fell following the biggest two-day rally of the year, while European equities rose for a third day and Spanish bonds rallied on speculation policy makers will take action to ease the region’s debt crisis.
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By Rachel Graham and Richard Frost, Bloomberg |
July 30, 2012
Stocks rose, sending U.S. and European benchmark indexes to almost four-month highs, and Spanish bonds rallied on speculation policy makers will take action to ease Europe’s debt crisis.
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By Patrick Donahue, Bloomberg |
July 30, 2012
European Central Bank President Mario Draghi has gone on the offensive as he seeks a game changer in the battle against the sovereign debt crisis.
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By Julia Leite and Cordell Eddings, Bloomberg |
July 27, 2012
The Dow Jones Industrial Average climbed above 13,000 for the first time since May, while Treasuries fell and commodities gained amid speculation European policy makers may take steps to ease the debt crisis.
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By Jon Nadler |
July 27, 2012
The final trading session of the week opened higher in metals as participants continued to bet that Mr. Draghi’s words will translate into action and that the GDP numbers will be the final motivating factor for the Fed to take action next week.
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By Cordell Eddings and Susanne Walker, Bloomberg |
July 11, 2012
Treasury yields were at almost all- time lows as the U.S. prepared to sell $21 billion of 10-year securities at a record auction rate amid speculation the Federal Reserve may announce a new round of monetary stimulus.
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By Stephen Kirkland and David Yong, Bloomberg |
May 23, 2012
The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union.
