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By Matthew Brockett and Stefan Riecher, Bloomberg |
October 4, 2012
European Central Bank President Mario Draghi said the bank is ready to start buying government bonds as soon as the necessary conditions are fulfilled by any countries needing assistance.
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By Austin Kiddle |
September 28, 2012
While the gold spot price looks likely to rise about 11% in Q3 to about $1,777, it is still about 7.5% lower than the recent peak reached on Sept. 6, 2011.
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By Angeline Benoit and Ben Sills, Bloomberg |
September 27, 2012
Spanish Prime Minister Mariano Rajoy’s nine-month-old government announced its fifth austerity package in what may be a move to head off tougher conditions demanded as part of a potential European bailout.
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By Joseph Ciolli and Emma Charlton, Bloomberg |
September 26, 2012
The euro fell to a two-week low against the dollar after Spain’s bonds dropped and the central bank said gross domestic product declined this quarter, stoking concern the region’s debt crisis is worsening.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
September 6, 2012
E.U. financial supervision proposals will call for the ECB to oversee all Euro-area banks to prevent lenders from pitting one regulator against another.
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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 John Detrixhe and Joseph Ciolli, Bloomberg |
August 16, 2012
The euro strengthened against all of but one of its most-traded counterparts as German Chancellor Angela Merkel reiterated her commitment to working with the European Central Bank to resolve the region’s financial turmoil.
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By Susanne Walker and Cordell Eddings, Bloomberg |
July 26, 2012
Treasuries fell as the yield at a seven-year-note sale exceeded forecasts after European Central Bank President Mario Draghi said the ECB was ready to do whatever it takes to preserve the euro, damping safety demand.
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By Matthew Brown, Bloomberg |
July 23, 2012
Government bond yields in the U.S., U.K. and Germany fell to records, while stocks dropped and the euro traded below its lifetime average against the dollar on concern the region’s debt crisis is deepening.
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By Joseph Ciolli and Lucy Meakin, Bloomberg |
July 20, 2012
The euro approached a two-year low against the dollar on concern the region’s financial crisis is far from being resolved even after officials agreed on an aid package for Spain’s banks.
