If the Federal Reserve hikes interest rates in December, only a handful of central banks around the world are expected to join it.» Read More
This Thursday sees an interest rate decision from the European Central Bank and despite disasters in Japan, tensions in the Middle East and the ongoing debt threat posed by peripheral European states, almost all analysts believe it’s a foregone conclusion that the Central Bank will raise interest rates. But is this the right move?
European stocks were indicated to open higher on Friday, the first day of the second quarter, with investors eagerly awaiting the U.S. non-farm payroll numbers for March.
Traders are just about planning on an April 7 interest rate hike by the European Central Bank. But the approaching end of QE2 could burst the euro's bubble, this strategist says.
Euro traders are ... shrugging.... at the news that Irish banks need $34 billion to withstand future market shocks.
Inflation hints from Europe spell good news for the euro, but not so much for the dollar or the yen. Time for your daily FX Fix.
HSBC is cutting growth targets and raising inflation forecasts following dramatic rises in commodity prices that threaten the global recovery.
The stress tests, due to be published later Thursday, are expected to show the country's banks need more liquidity support than first believed, but even so, some analysts say they will still be insufficient.
European stocks were indicated to open flat on Thursday after ending the previous day at a three-week high, with investors watching for the results of Irish bank stress tests, due to be released later in the day.
European stocks are set to open higher on Wednesday, despite ratings downgrades for Portugal and Greece.
Will the euro zone survive its crisis? That was the question I raised three weeks ago. My answer was: yes. My argument was that economic self-interest and political will would combine to preserve the common currency, in spite of the difficulties, Martin Wolf from the Financial Times writes.
The euro is currently overvalued, and it may have to fall to undervalued levels before the sovereign debt crisis is resolved, says this money manager.
Fed officials have been singing different tunes about monetary policy recently, but one voice has risen above the rest to boost the dollar and pressure Treasury bonds.
Emerging-market currencies are sliding with commodity prices, but hawkish central bankers are propping up the euro and the dollar. Get your daily FX Fix right here.
What do you do when the ugly get uglier and you are looking for a profit in the currency markets?
Like stocks, the euro has so far this year shrugged off the so-called wall of worry. Concerns that the likes of Greece, Ireland or Portugal could default have not led to euro losses.
European shares were indicated to open slightly higher Tuesday, with worries about Japan's nuclear crisis and Middle East unrest still running high.
With Ireland's bank stress test results coming out on March 31st, the announcement of a possible European Central Bank liquidity chess move has the markets bracing for bad news.
I'm looking to see if we get the same consistent message from members of the Federal Reserve: the economy has recovered, there are risks to the current monetary policy and there needs to be an explicitly stated "exit" program.
The heavy and humiliating defeat for German Chancellor Angela Merkel's collation in regional elections on Sunday is unlikely to derail parliamentary support for euro zone rescue measures but may bring uncertainty in financial markets, according to an analysis by Barclays Capital.
While some areas of the world have a relaxed attitude to fiscal and monetary policy, Europe, and much of the developed world, puts too much emphasis on tightening, according to Valentijn van Nieuwenhuijen, head of strategy at ING Investment Management.