Search Results for: ECB President Mario Draghi

Markets mixed as oil slide continues

January 14th, 2015 (0)
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...

European Central Bank and Reserve Bank of India sign a Memorandum of Understanding on cooperation

January 13th, 2015 (0)
Mario Draghi, President of the European Central Bank (ECB), and Raghuram Rajan, Governor of the Reserve Bank of India (RBI), today signed a Memorandum of Understanding on cooperation in the field of central banking. The Memorandum of Understanding provides ...

Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low

January 2nd, 2015 (0)
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...

Euro Is 0.3% From Two-Year Low Before Greek Ballot; Aussie Gains

December 29th, 2014 (0)
The euro traded 0.3 percent from a two-year low as Greece’s prime minister attempts to get his presidential candidate confirmed and avoid an early parliamentary election that risks severing the nation’s international lifeline. Australia’s dollar rose for a fourth ...

How to deal with Europe’s ailing economy?

December 15th, 2014 (0)
There has been a lot of discussion lately in Europe and especially at the European Central Bank (ECB) headquarters for the need (or not) of non-conventional monetary tools to revive Europe’s ailing economy, such as Quantitative Easing (QE). On ...

European Stocks Fall From 2008 High; Sika, Saint-Gobain Plunge

December 8th, 2014 (0)
A slump in construction companies sent European stocks down after a four-week rally. The Stoxx Europe 600 Index slid 0.4 percent to 349.75 at 9:34 a.m. in London after a 1.1 percent increase last week propelled it to its ...

Dollar Gains a 7th Week Before Jobs; Yen Drop Spurs Bankruptcies

December 5th, 2014 (0)
The dollar headed for a seventh weekly gain, after rising above 120 yen yesterday for the first time since July 2007, as economists predicted U.S. job growth quickened while Japan is in recession and Europe struggles. The U.S. currency has gained ...

Dollar Approaches 120 Yen on U.S. Growth as Aussie Falls 6th Day

December 4th, 2014 (0)
The dollar strengthened to within 0.1 percent of 120 yen, the highest since July 2007, as analysts forecast that U.S. job growth will accelerate while Japan remains in recession. A gauge of the U.S. currency headed for its highest close in more than ...

U.S. Shares Rise With Dollar as Oil Surges Amid Data

December 3rd, 2014 (0)
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...

Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie

November 28th, 2014 (0)
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
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