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CNBC's Simon Hobbs reports on Thursday's market moving events in Europe today, including the ECB's decision to cut rates 25 basis points to an historic low of 0.5 percent.
European shares rebounded to a higher close on Thursday, paring losses from when ECB President Mario Draghi confirmed the central bank would not deliver any extra stimulus.
Alberto Gallo, head of European macro credit research at RBS, explains why Draghi's comments on lending to SMEs reinforce his views that investors should be long on peripheral banks and corporates.
ECB President Mario Draghi on Thursday called on EU nations to continue austerity measures and warned against raising taxes, which he said were already very high.
Geoffrey Yu, FX strategist at UBS, discusses the euro's fall following Draghi's comments, and says now is the time to be long on euro.
John Authers, investment editor at the Financial Times, discusses how an ECB negative deposit rate would affect the market, and how the euro reacted to Draghi's comments on Thursday.
What do you do when the Pope tweets about rising unemployment in Europe, but the trillions of euros pumped into the financial system fail to get the economy going?
The ECB on Thursday cut its main refinancing rate by 25 basis points to 0.5 percent, the first rate cut since July 2012, a move Mario Draghi said should help the economy.
Copper's downward trend foreshadows a stock market collapse, according to Societe Generale's bearish strategist Albert Edwards, who said equity markets will riot "Japan-style."
Derek Halpenny, European head of global currency at Bank of Tokyo-Mitsubishi UFJ, talks about how the euro is likely to react to the ECB's announcement, and how an indication that a major lending program is coming would boost confidence.
Jens Larsen, chief European economist at RBC Capital Markets, says that the ECB should focus on non-standard measures which would be more conducive to a faster recovery.
After five long years of deleveraging, the U.K. banking sector finally looks ready to make a comeback, with 2013 set to be a turnaround year.
CNBC's Ross Westgate reports on all the market moving events from Europe, as investors await a decision on interest rates from the European Central Bank.
Italy might be making friends around Europe for its anti-austerity stance, but the Organisation for Economic Cooperation and Development warned that the country must stick to implementing spending cuts.
The global economy continues to show signs of slowing, yet stock markets are back near their highs for the year with analysts questioning how long this sentiment will last.
Christoph Rieger, head of interest rate strategy at Commerzbank, says the ECB could surprise with non-standard measures and that a less than 25bps rate cut would disappoint.
Piyush Gupta, CEO at DBS, says DBS, southeast Asia's biggest bank, can sustain a large part of its profits and explains why he is not worried about a slowdown in China or euro zone troubles.
The European Central Bank is under increasing political pressure to act to save the euro zone's moribund economy, with the Irish head of state the latest leader to urge the central bank to change course.
The rot spreading through euro zone manufacturers persisted through April, a business survey showed, bolstering expectations for an interest rate cut by the European Central Bank later on Thursday.
Jacques Cailloux, chief European economist at Nomura and Tobias Blattner, euro area economist at Daiwa Capital Markets, discuss the expected rate cut at the ECB and what further measures could be taken.
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