Search Results for: European Central Bank
Greece election: Anti-austerity Syriza leader Tsipras vows to end ‘pain’
January 26th, 2015
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged to renegotiate Greece’s massive international bailout. With nearly all of ...
Oil falls after Greek election sends euro tumbling
January 26th, 2015
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the dollar. Greece’s left-wing Syriza appeared on course to trounce the ...
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
Global Accountancy Body welcomes ECB’s Bond – Buying initiative
January 23rd, 2015
ACCA welcomes the launch by the European Central Bank (ECB)‘s of an expanded asset purchase programme, entailing the existing purchase programmes for asset-backed securities and covered bonds. As from March 2015, the Eurosystem will start to purchase euro-denominated investment-grade ...
Statement by IMF Managing Director Christine Lagarde on ECB Decisions
January 23rd, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement regarding today’s decisions of the European Central Bank (ECB): “We welcome the measures announced today that will strongly reinforce the ECB’s accommodative stance. The ...
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 ...
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 ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
Markets edge higher anticipating ECB stimulus plan
January 22nd, 2015
US stocks finished Wednesday’s volatile session with marginal gains as investors expect the European Central Bank to unveil the monetary stimulus program at its meeting on Thursday. Investor confidence was further boosted by rising oil prices. The market advance ...
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 ...
