Search Results for: Draghi
Bundesbank Open to Significant ECB Stimulus in June if 2016 Inflation Forecasts Lowered
May 13th, 2014
Germany’s central bank is willing to back an array of stimulus measures from the European Central Bank next month, including a negative rate on bank deposits and purchases of packaged bank loans if needed to keep inflation from staying ...
European Stock-Index Futures Little Changed Amid Earnings
May 9th, 2014
European stock-index futures were little changed, after the Stoxx Europe 600 Index climbed yesterday to its highest level in more than six years, as investors weighed corporate earnings. U.S. index futures and Asian shares were also little changed. Publicis ...
U.S. Stocks Fluctuate as Tech Shares Slide, Tesla Drops
May 8th, 2014
U.S. stocks fluctuated, following the biggest advance in three weeks for the Standard & Poor’s 500 Index, as technology stocks declined for a third day and Tesla Motors Inc. and Priceline Group Inc. slumped. The S&P 500 (SPX) fell ...
E.U’s economy is growing due to Germany and Italy manufacturing
May 2nd, 2014
Euro-area manufacturing grew at the fastest pace in three months in April on accelerating expansion in Germany and Italy, evidence the currency bloc’s recovery remains on track. A Purchasing Managers’ Index increased to 53.4 from 53 in March, Markit ...
The Euro’s current strength is a powerful deflationary factor: ECB’s Noyer
April 29th, 2014
The euro’s current strength is a powerful deflationary factor and low inflation is likely to persist in the euro zone for some time, European Central Bank policymaker Christian Noyer said on Monday. Spare capacity and deleveraging by companies and ...
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
Record Europe Dividends Keep $3 Trillion From Factories
April 10th, 2014
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...
European Stocks Advance as Stocks Extend Gains
March 26th, 2014
European stocks advanced for a second day, after the Stoxx Europe 600 climbed the most in three weeks, as investors awaited data on U.S. durable-goods orders. U.S. index futures were little changed, while Asian shares rose. Airbus Group NV ...
ECB on SRM agreement
March 21st, 2014
The European Central Bank has issued a press release welcoming the political agreement reached on the single resolution mechanism (SRM) on Thursday morning. The negotiations between the European Parliament and the European Council produced an SRM that is more ...