Search Results for: ECB President Mario Draghi
The week ahead for Pound Sterling to Euro
January 30th, 2017
Pound Sterling trades at 1.1731 at the beginning of the new week based on general static market conditions. The currency of UK generally has reported a rise for two weeks against the Euro, despite a fell back of the ...
Consumer confidence rises in Eurozone in November
November 22nd, 2016
Consumer confidence rises in Eurozone in November, beating the wider European Union Eurozone consumer confidence has improved sharply in November, shrugging off any aftermath from the UK’s decision to vote to leave the European Union. The indicator improved by ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Gold prices are modestly higher in early U.S. trading Thursday
October 20th, 2016
Gold prices are modestly higher in early U.S. trading Thursday. A slightly downbeat U.S. weekly jobless claims report that showed a rise in claims is helping out the precious metals bulls. Some more chart-based buying is also seen as ...
Euro, Dollar Slide in Global FX Reserves
June 8th, 2016
The currencies slumped to 15-year lows last year, according to European Central Bank The euro and dollar both lost ground as international currencies last year, slumping to 15-year lows in their share of global foreign-exchange reserves, according to an ...
What investors need to know and why a Grexit may not matter
June 22nd, 2015
After enjoying a seemingly unstoppable rise since the beginning of 2015, Europe now seems to be in the headlines for all the wrong reasons. With the Greek tragedy lurching from one ‘deadline’ to the next, an exit of the ...
China shares sink, euro rides high as yields spike
June 4th, 2015
The euro continued riding high on Thursday thanks to a spike in euro zone debt yields, while in Asian equities Chinese shares slid and tempered risk sentiment. China’s CSI300 index .CSI300 lost 1.7 percent while the Shanghai Composite Index.SSEC dropped 1.8 percent. ...
G7 finance chiefs discuss growth risks, urge deal on Greece
May 28th, 2015
* Growth worries top agenda for G7 finance chiefs * Market volatility adds to risks for global recovery * G7 officials discussing Greece on sidelines of talks * U.S. presses Europe, IMF to show flexibility on Greece * IMF, ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
Greece Grabs Cash as More Than $2 Billion in Payouts Loom
March 17th, 2015
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout funding and locked out of capital markets, the government will ...
