Search Results for: Mario Dragh
I.M.F. warns of Global Financial Risk
October 13th, 2014
Policy makers at a meeting of the International Monetary Fund said that high debt in China and a lack of spending in Europe, among other factors, could provoke a market convulsion. A more immediate concern drew the attention of ...
More pressure for Australian dollar after rollercoaster 24 hours
October 10th, 2014
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...
Wilbur Ross on Bank of Cyprus – VIDEO
October 9th, 2014
Mario Draghi, the president of the European Central Bank, has faced criticism on several fronts in recent weeks: for being too bold with the bank’s policies, or not being bold enough. Yet he has support from one quarter—well-known investor ...
ECB May Not Need to Add Stimulus
September 22nd, 2014
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation expectations have to be back where they were,” Visco said ...
Carney Steering BOE in Scots Vote as Quebec Casts Shadow
September 15th, 2014
Mark Carney’s history is catching up with him. Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. Scots go to the polls in three days, and with the ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
ECB Wades Into Currency Wars But Needs Reform Backing
September 8th, 2014
The European Central Bank spent a long time being a noncombatant in the global currency wars. But it has decisively entered the fray as it seeks to boost its balance sheet by €1 trillion ($1.294 trillion) through fresh loans ...
Promise From European Central Bank Is Also a Gamble
September 5th, 2014
By promising to rev up the printing presses, the European Central Bank has created hope in the markets that Europe may finally start to overcome its economic challenges. Yet the central bank is taking a big gamble in directing ...
Bank of England Resists Change to Interest Rate
September 4th, 2014
To raise or not to raise, that is the question — in Britain, at least. On Thursday, nearly a month after two monetary policy makers at the Bank of England broke ranks from the majority and voted to raise ...
ECB plans 500 billion euros bond purchase program
September 4th, 2014
Plans to launch an asset-backed securities (ABS) and covered bond purchase program worth up to 500 billion euros are on the table at Thursday’s European Central Bank policy meeting, people familiar with the discussions say. ECB President Mario Draghi ...
