This month, Mr. Draghi stared down bearish international traders who were convinced that Europe’s common currency project would collapse. The NYT Reports.
The Federal Reserve, European Central Bank (ECB) and Bank of England (BoE) should all announce stimulus packages next month, a Bank of England (BOE) policymaker told CNBC Tuesday.
Following weeks of low volumes, slow news flow and steady gains for equity markets investors are braced for some big events in September which could make or break investor returns for 2012.
Nearly three years and two bailouts after the first cracks appeared, Europe must decide whether to give Greece more help or cut it loose from the euro zone.
Even as U.S. crude prices are expected to touch $100 this week as the strengthening Tropical Storm Isaac threatens to disrupt offshore oil production in the Gulf of Mexico, experts say the upside will likely be short-lived, recommending investors sell into the rally.
The new fund set up to bail out struggling euro zone economies may face a 150 billion euros ($189 billion) shortfall if Spain and Italy need a full bailout program before the end of 2014, according to analysts at Credit Suisse.
Investors across the world are awaiting further news on whether the European Central Bank and the Federal Reserve will decide to turn the quantitative easing taps on and begin buying bonds aggressively in a bid to kick-start ailing growth in Europe and the United States.
From buying fine Bordeaux wines to buying the wineries that make them, the Chinese are changing the landscape of France's top wine country, leading some locals to worry about an "invasion".
Finland has become the unlikely creator of a European storm after foreign minister Erkki Tuomioja confirmed that the country was preparing for a break-up of the euro zone.
Investing abroad always poses risk but if you’re careful, though, you can profit nicely in overseas markets, some with double-digit year-over-year growth.
This policy expert says a four-part solution to the crisis is in order.
The latest euro zone flash PMI data—which is usually a good advance notice of the state of the economy—pointed to a recession in the area, increasing hopes that politicians and central banks in the region will be forced to take further action to solve the euro zone crisis sooner.
A third round of quantitative easing in the United States is still far from a foregone conclusion, with traders and investors divided as to its likelihood and the effect it might have, but markets rallied across Europe and Asia on hopes of action.
Greece has “one last chance” to prove its credibility to international lenders, Eurogroup chief Jean-Claude Juncker told a press conference in Athens. But with the country set to ask for yet another extension on its bailout, some economists are questioning whether it’s time to expel Greece from the euro zone – or whether, perhaps, it will choose to leave of its own accord.
Germany’s economic success relative to the rest of the euro zone is well documented – but the threat of further euro zone trouble could bring its triple-A rating into question.
As the Greek Prime Minister Antonis Samaras prepares to meet euro zone leaders to request a two-year extension to bailout terms, both Greece and the euro zone should be prepared to not get what they expect, according to analysts.
Throughout the course of the euro zone crisis, a number of events have been hailed as the right key to unlock a solution to the single currency region’s woes.
Every morning Squawk Box Europe brings you the latest business news from across the world. Geoff Cutmore, Steve Sedgwick and Karen Tso spend three hours every weekday morning discussing the euro zone debt crisis, corporate earnings and the latest M&A deals. Sometimes though they can go a little off-message and focus on a story that does not really qualify as business news.
One investor tells CNBC that the best things for stocks would be a Spanish bailout.
The health of the mining sector has come into sharper focus in recent weeks, with deadly disturbances in South Africa and ongoing concerns about commodity prices denting the sector and the cloud hanging over the sector is unlikely to blow away quickly.