Search Results for: European Central Bank
Greece debt repayment in full is ‘unrealistic’, says Syriza
January 27th, 2015
It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC. “Nobody believes that the Greek debt is sustainable,” Euclid Tsakalotos said. The far-left ...
Europe Stocks Near Seven-Year High on ECB Stimulus After Greece
January 26th, 2015
European stocks traded near a seven-year high amid optimism about central-bank stimulus, while Greek shares dropped as opposition party Syriza won an election. The Stoxx Europe 600 Index slipped less than 0.1 percent to 370.20 at 2:50 p.m. in ...
ECB cannot agree to debt relief for Greece: Coeure
January 26th, 2015
ECB board member Benoit Coeure said in a newspaper interview published on Monday that the European Central Bank would not take part in any debt cut for Greece. “It is not up to the ECB to decide whether Greece needs debt relief,” ...
What Draghi’s Bond Buying in Europe Means for U.S. Debt Markets
January 23rd, 2015
The European Central Bank’s resolve to funnel more than a trillion dollars into the region’s capital markets may be a boon for borrowers across the Atlantic. ECB President Mario Draghi unveiled a bond-purchase program to ward off signs of ...
Jan 22, ECB President Mario Draghi: Introductory statement to the press conference
January 22nd, 2015
“Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. Let me wish you all a Happy New Year. I would also like to take this opportunity to welcome Lithuania as the ...
ECB holds rates; markets on edge on Europe QE hopes
January 22nd, 2015
European Central Bank President Mario Draghi has announced the central bank to an expanded 60 billion euro ($70 billion) private and public bond-buying program until September 2016. The ECB kept its main interest rate unchanged on Thursday. It kept its ...
ECB Executive Board’s QE Proposal Calls for Roughly €50 Billion in Bond Buys Per Month
January 22nd, 2015
The European Central Bank’s executive board proposed buying roughly €50 billion ($58 billion) a month in bonds for at least a year, according to people familiar with the matter, but markets largely shrugged as investors pondered whether the ECB ...
FXCM Revises FX and Gold Margin Requirements
January 22nd, 2015
FXCM Inc. (NYSE:FXCM), a leading online provider of foreign exchange, or FX, trading and related services, announced that starting Wednesday, January 21, 2015 the firm will increase margin requirements globally on forex instruments, as well as gold in its ...
Euro Near 11-Year Low as JGBs Plunge Before ECB
January 22nd, 2015
The euro traded near an 11-year low against the dollar and Japanese 10-year yields jumped the most since 2013 amid speculation the European Central Bank will boost stimulus through asset purchases. U.S. and European equity-index futures climbed and Hong ...
Bonds, shares, gold supported ahead of expected ECB action
January 21st, 2015
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...
