*EU officials preparing ground for further Russia sanctions. BRUSSELS, March 10- The European Union is preparing to impose travel bans, asset freezes and other restrictions on Russia for its failure to "de-escalate" the crisis in Crimea, officials said on Monday.» Read More
Friday night’s deal in Brussels was only made possible by sovereign downgrades and skyrocketing bond yields that still have the potential to push the periphery countries over the edge.
European shares are seen opening lower on Monday as markets continue to look at the impact of the earthquake and tsunami that hit Japan on Friday.
Traders went home Friday thinking about Japan's tragic earthquake and tsunami, more possible unrest in the Middle East, and Europe's sovereign debt problems.
Euro zone leaders have agreed to coordinate their economic policies more closely — more or less.
European shares look set for a lower open on Friday ahead of Saudi Arabia's "Day of Rage" and the European Union Summit in Brussels.
Debt crisis? What debt crisis? The EU leaders want to work on their competitiveness pact at their March 11 meetup. Expect the euro to continue slipping.
Euro traders are glum ahead of the EU summit, and rate cuts sting in New Zealand. It's time for your FX Fix.
European futures fell further on Thursday after Moody's announced that it had downgraded Spain's sovereign debt by one notch to Aa2 with a negative outlook.
Local residents in a small town north of Athens, angry at losing their exemption from paying tolls for using a 500m stretch of motorway, raised a banner saying “Den Plirono” (“I won’t pay”). In four months, Den Plirono has grown to a nationwide anti-austerity movement, reports the Financial Times.
New rules capital requirement for banks in Spain come into force on Thursday and Spain's vulnerable savings banks are looking around for any extra cash.
Many in Europe worry that they will face new waves of illegal immigration not only from the liberated areas in the north, but from much of sub-Saharan Africa as well, the New York Times reports.
Around the world, people’s relationship with alcohol varies greatly. In some places it is a point of national identity, in others it has become detrimental to a country's overall health.
Currency traders eager for an interest rate hike by the European Central Bank have large long euro positions. Here's a trade to take the other side.
Key parts of a stress test for European banks designed to raise investor confidence in the sector have been softened by regulators despite widespread derision of a similar exercise last year, which was seen by financial markets as too lax, reports the Financial Times.
European shares look set to open slightly lower Wednesday as on mixed Asian markets and lower oil.
The euro zone is highly likely to survive, albeit not without further turbulence, according to Martin Wolf from the Financial Times.
After trading higher for days, the euro is giving up ground. Instead of focusing on potential interest rate hikes, traders are looking ahead to the upcoming European leaders' meeting and the stubborn sovereign debt crisis. Euro fatigue, anyone?
What a difference a day makes: The dollar is not in freefall for a change, and the euro is slipping. It's time for your daily FX Fix.
Kate Kelly goes one-on-one with the two key players behind an ambitious new UK hedge fund launching in early April, which is promising its investors outsized returns using millions of random tweets to predict changes in the stock market.
Last fall, Indiana University informatics professor Johan Bollen stumbled upon an astonishing connection: That the social network Twitter could predict swings in the Dow Jones Industrial Average with 87 percent accuracy.