Central Banks European Central Bank

  • Financials Lead Friday Rally

    There was a little progress to celebrate in Europe but that doesn't mean the end of volatility, says Hank Smith, chief investment officer, Haverford Investments. With Clem Chambers, CEO of ADVFN.

  • Money In Motion: Euro Zone

    Trading the euro while European leaders try to resolve the European debt crisis. Also, other currencies investors should be considering, with Willie Williams, Societe Generale director, institutional derivatives sales.

  • Global Markets: U.S. Consumer Confidence Up

    CNBC's Mandy Drury looks at the upward move in the U.S. markets, partially due to the EU agreement. And lower gas prices bring about a rise in consumer confidence.

  • The statement out of Europe says the leaders will be working toward "a new fiscal compact and strengthened economic policy coordination," but the failure of the U.K. to sign on means that any treaty will likely be outside the EU. It will essentially be a multilateral agreement. It's not clear whether the institutions set up to service the EU — or the euro zone — will be able to service this new agreement.

  • fx_fix_1_200.jpg

    European leaders talk, China creates an investment fund - it's time for your FX Fix.

  • British Prime Minister David Cameron leaves 10 Downing Street on August 11, 2011 in London, England. Mr Cameron hosted a COBRA meeting and a cabinet meeting earlier this morning to discuss the current unrest that has spread across the country. Parliament has been recalled following four days of rioting across the UK.

    Another week, another euro zone crisis! It feels as if this crisis is never ending, self perpetuating until an eventual Armageddon that will at the very best end with the break-up of the euro zone and at the very worst in World War III.

  • David Cameron

    British Prime Minister David Cameron is facing criticisms of leaving the UK isolated after he said he would not agree to a new European Union treaty.

  • German Chancellor Angela Merkel and French President Nicolas Sarkozy

    Investors await the final outcome of the European leaders' summit with lowered expectations, after Thursday's stream of disappointments out of Europe rattled markets.

  • glass_half_full_200.jpg

    Hopes for the EU summit are fading, sellers of euros abound and the European Central Bank's Mario Draghi disappointed today — but here's why the euro could move higher.

  • european_union_crack2_200.jpg

    Germany is correct to insist that going forward, European member states need to commit to a binding fiscal policy and Sarkozy needs to swallow hard and accept that European institutions will have a strong say. But good fiscal policy is the ticket to the main event, not the show itself.

  • Euro Gets Slammed

    The Fast Money traders take a look at Mario Draghi's comments impacting stocks today and await former MF Global CEO Jon Corzine's testimony.

  • Gold

    Don't be surprised if gold falls to $1,700, according to some traders. When it comes to what markets wanted to hear from the European Central Bank it was all about money printing.

  • Today, the Bank of England left rates and quantitative easing on hold as Governor King decides to wait before more additional easing measures are taken and says that the events in Europe are beyond his control.

  • Mario Draghi

    ECB President Mario Draghi has almost completely closed-off the prospect of aggressive bond buying from the European Central Bank or the prospect of quantitative easing.

  • Draghi: Central Banker as Politician

    CNBC's Simon Hobbs reports on the ECB's Mario Draghi not signaling more bond purchases as well as his performance at this morning's press conference.

  • Mario Draghi

    Draghi's ECB moves markets up, then down. S&P futures initially moved up, then down, as ECB head Mario Draghi said he was "surprised" by the reaction to his now-famous comment that "other elements might follow" if there was a new fiscal treaty. He said this was not necessarily a signal that he would be initiating more bond purchases.

  • fx_fix_1_200.jpg

    The Bank of England holds steady, New Zealand stands pat, and everyone is watching the EU summit - it's time for your FX Fix.

  • euro-cracked-2-200.jpg

    The European Central Bank is widely expected to cut interest rates back to a record low of 1 percent from the current 1.25 percent on Thursday and provide longer-term loans to banks that are struggling to find funding.

  • european_union_200.jpg

    Fiscal transfers from Germany to other countries in the euro zone will be essential to resolving the euro zone debt crisis in the long term, Erik Britton, director at Fathom Consulting told CNBC.

  • european_union_200.jpg

    The European Union is to stop all bilateral aid payments to China, India, Brazil and other fast-growing economies as a result of a review into development spending. The Financial Times reports.