The ECB on Thursday left its benchmark interest rate unchanged at 0.25 percent after surprising markets with a rate cut last month.» Read More
Investors aren't factoring in the good news in the euro zone, this strategist says.
Investors look for safe havens and await an ECB speech while Australians go to work — it's time for your FX Fix.
A two-tier housing market amongst developed economies has sprung up as some countries have rebounded faster from the global financial crisis than others, according to new research by Goldman Sachs, which warns the situation could lead to several bubbles.
CNBC's Kelly Evans reports on all the market moving events from Europe, including an interest rate policy announcement from the ECB and Bank of England due later this morning.
Siemens will cut costs and push to concentrate its efforts on its core businesses as it battles against the prevailing weak macro-economic environment, CEO Peter Löscher told CNBC on Thursday.
Europe’s ability to compete against the US as a manufacturing center is being damaged by rising energy costs as North America benefits from cheap natural shale gas, Germany’s biggest companies have warned, the FT reports.
European citizens and political leaders welcomed President Barack Obama’s re-election Wednesday. European money was less enthusiastic, the New York Times reports.
Elsa Lignos, Senior Currency Strategist at RBC Capital Markets says that the Eur will hit 1.32 against the dollar as markets haven't fully priced in the positive impact of Draghi's actions back in August.
Michael Gayed, Chief Investment Strategist, Pension Partners says that the market sell-off overnight had nothing to do with Obama's re-election but instead renewed fears about Greece.
Another European Central Bank meeting is almost upon us, and these strategists are getting ready.
Once again, the news from Europe is disturbing. This is your euro trade update.
European shares reversed course on Wednesday to close lower, after data showed weak German industrial production. European indexes had rallied in the morning session after U.S. President Barack Obama won re-election.
CNBC's Simon Hobbs has the story on Germany's disappointing data and a look at why stocks are down two percent, with CNBC's Bob Pisani, and Warren Meyers, DME Securities.
The dollar drags on Obama's win and the euro sags on German gloom — it's time for your FX Fix.
Activist investor Nelson Peltz has for the first time taken his fight to France after acquiring a stake in Danone, one of the country’s best-known companies, the FT reports.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stock move higher on President Obama's re-election win, and better-than-expected earnings.
Here is a question that is exercising central bankers everywhere, particularly those that have embarked on asset purchase and “quantitative easing” (QE) schemes. What to do with one’s billions?
Taxi drivers and hire companies are warning of a worsening shortage of London black cabs that will coincide with the run-up to Christmas, traditionally the busiest time of year for the trade. The FT reports.
Eurozone leaders have given themselves three weeks to finalize an overhaul of Greece’s bailout program, requiring parliamentary backing in creditor countries that are skeptical about reducing Athens’ interest rate burden. The FT reports.
A clear victory by President Obama would boost risk sentiment, this pro says - but not for long.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
James King, the founder and chairman of Find Invest Grow (FIG), explains why it is easier to find entrepreneurs among students in U.S. universities than U.K. ones.
Kevin Gardiner, chief investment officer for Europe at Barclays Wealth and Investment Management, says economic data from the U.S. is still not strong enough to lead the Federal Reserve to start tapering its asset purchases this year rather than next.
Thursday's Autumn Budget in the U.K. suggests fiscal austerity is dragging less on the economy than previously, says Melanie Baker, an economist with Morgan Stanley.