Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.» Read More
Charles Diebel, head of market strategy at Lloyds Bank, says the ECB's strategy is to lower the fragmentation issue by weakening the euro to help peripheral countries.
Wolfgang Schafer, CFO at Continental AG, discusses the quarterly earnings and explains why he expects the rest of the year to improve with China and the U.S. offsetting Europe.
Duncan Farr, European banks specialist at Nomura, says the environment for European banks is very "tricky" as a large number of banks will continue to be in a deleveraging phase for a few years.
The euro jumped against the dollar after ECB Governing Council Member Ewald Nowotny told CNBC on Friday that the markets over-interpreted Mario Draghi's comments on negative deposit rates.
Karen Tso takes you through the European market open where stocks have come in higher.
Ewald Nowotny, member of the Governing Council of the European Central Bank (ECB), tells CNBC that markets over interpreted the possibility of negative deposit rates and there is no specific plan in that direction.
U.K.-government owned Royal Bank of Scotland said it wanted to start writing the sale prospectus for investors in mid-2014 or earlier.
European Central Bank board member Erkki Liikanen told CNBC on Friday that he agreed with the bank's decision to cut interest rates by 25 basis points and said there was no split on the governing council regarding the decision.
Erkki Liikanen, ECB board member, tells CNBC that took action in yesterday's ECB meeting and they are ready and able to act again.
Three senior executives at Royal Dutch Shell have been identified by shareholders and analysts as potential successors to Peter Voser, who announced he would be stepping down as chief executive, the FT reports.
The euro is slowly recovering ground vs. the dollar after taking a knock yesterday on comments from the ECB president, Mario Draghi, who said that the central bank was open to more stimulus. Geoff and Julia report live from Bratislava, where the meeting took place.
France's largest bank, BNP Paribas reported a 45 percent fall in first-quarter net income on Friday and CEO Jean-Laurent Bonnafé told CNBC he is satisfied with the result.
Michael Hewson, Senior Market Analyst at CMC Markets says despite the ECB rate cut, the necessary reforms needed in European economies are not being implemented.
Evan Lucas, Market Strategist at IG says the EUR is now a funding source for yield investments.
Frank Lavin, CEO of Export Now, says central banks have taken it as far as they can in terms of monetary intervention, and there is not much more upside to policy easing.
Jim O'Neill, outgoing chair of asset management at Goldman Sachs, talks about making returns in time of crisis, austerity and his "first love": foreign exchange.
Jim Cramer believes a major catalyst is changing in the market. The implications are big.
CNBC's Simon Hobbs reports on Thursday's market moving events in Europe today, including the ECB's decision to cut rates 25 basis points to an historic low of 0.5 percent.
European shares rebounded to a higher close on Thursday, paring losses from when ECB President Mario Draghi confirmed the central bank would not deliver any extra stimulus.
Alberto Gallo, head of European macro credit research at RBS, explains why Draghi's comments on lending to SMEs reinforce his views that investors should be long on peripheral banks and corporates.
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Dan Morris, global investment strategist at TIAA-CREF, says he is overweight equities outside of the U.S.
Jim Strugger, derivatives strategist at MKM Partners, says 2018 or 2019 could be the end of the current U.S. economic cycle.
Jessica Simmonds, owner of Okishima and Simmonds, shows you how to make your own Christmas wreath.