Search Results for: Mario Dragh
What the Swiss franc shock means for markets
January 16th, 2015
Dennis Gartman told CNBC the Swiss decision Thursday to abandon a key part of its monetary policy is the worst central bank move he’s ever seen. “This really is I think a silly decision on their part and it ...
Yen falls against dollar, euro as Nikkei recovers
January 15th, 2015
The yen weakened against the dollar and the euro in Asian trade Thursday, as a recovery in Tokyo stocks prompted selling of the safe-haven Japanese currency. The dollar USDJPY, +0.34% was at ¥117.74 compared with ¥117.27 late Wednesday in New York and ...
Markets mixed as oil slide continues
January 14th, 2015
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 ...
Interview with Benoît Cœuré, ECB
January 14th, 2015
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, on 13 January 2015 How concerned are you about the election of a new parliament in Greece resulting in a re-emergence of the euro crisis? Greece is ...
Is the ECB allowed to buy sovereign bonds?
January 13th, 2015
The European Court of Justice is looking into whether the ECB’s plan to buy sovereign bonds is really within its mandate. Experts expect the central bank to start its program soon, in a bid to head off deflation. “The ...
European Central Bank and Reserve Bank of India sign a Memorandum of Understanding on cooperation
January 13th, 2015
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 ...
Euro Falls as Consumer Prices Drop Most Since 2009; Real Gains
January 7th, 2015
The euro dropped for a fourth day versus the dollar, the longest skid in two months, as consumer prices in the region fell more than economists predicted to strengthen the case for asset purchases by the European Central Bank. ...
Euro Extends Slide on ECB Outlook; Asian Stocks, Oil Slip
January 5th, 2015
The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver and Chinese shares climbed. The euro depreciated 0.5 percent to ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
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
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 ...
