The Euro fell to its lowest level in seven months against the US dollar, in light of the remarks made by European Central Bank head Mario Draghi which weakened the Euro and boosted the dollar. 46 more words
Tags » European Central Bank
If the European Central Bank’s press conference were a bond auction, people would be freaking out about how badly today’s failed.
As a matter of course, the ECB’s head of press Christine Graeff routinely brings the curtain down after one hour, usually leaving plenty of attending journalists disappointed, with their hands still in the air. 623 more words
Fed by stagnant wages and diminishing job security, the populist uprising threatens to depress a world economy that is already weak and fragile. The sentiment toward less integration and more trade barriers also pose risks for elevated financial markets that remain susceptible o sudden swings in investor sentiments, as shown by recent news over Deutsche Bank AG’s financial health. 134 more words
Eight years on from the global recession, monetary policy continues to be the prime mover of financial markets. And so investors scrutinize every central bank move and parse every central bank statement, looking for clues. 882 more words