Outgoing Bank of Israel Governor Stanley Fischer's influence extends far beyond the halls of power in Jerusalem and Tel Aviv's financial district.
Carl Weinberg, chief economist at High Frequency Economics, tells CNBC that Mario Draghi's bond buying program (OMT) is a bluff and never going to be implemented.
U.S. stocks have moved very closely with the Yen for the past several weeks. S&P Futures did pop up on the better-than-expected economic data.
The Bank of England voted to keep benchmark interest rates unchanged at 0.5 percent, at Mervyn King's final policy meeting as Governor.
Global manufacturers struggled in May as demand fell, suggesting a world economy that still needs a steady diet of support.
Negative deposit rates could boost — rather than hurt — bank profitability, ECB Vice President Vitor Constancio told CNBC on Wednesday, bringing the contentious issue of negative rates back into the spotlight.
ECB President Mario Draghi on Thursday called on EU nations to continue austerity measures and warned against raising taxes, which he said were already very high.
As Treasury Secretary Jack Lew kicks-off his first official visit to Europe, analysts said efforts to coax euro zone leaders to pursue growth-generating policies may fall on deaf ears.
The dollar and euro made their largest percentage gains against the yen since late 2008 after the Bank of Japan surprised the markets with an ambitious plan to fight deflation in a radical overhaul of policy.
European Central Bank President Mario Draghi said the central bank would keep monetary policy accommodative "for as long as needed".
Cyprus's troubles offer Mario Draghi an "excellent justification" to cut interest rates at Thursday's European Central Bank meeting, according to a research note by Dutch bank ING.
Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.
Banks will pay back 4.993 billion euros next week of the 3-year loans they took from the European Central Bank a year ago, bringing the total payback of the first 489 billion in loans to 146 billion.
Economic activity in the euro area will remain weak in early 2013 before gradually recovering later in the year, European Central Bank (ECB) President Mario Draghi said on Thursday.
With two short sentences, the head of the European Central Bank took the heat out of the euro zone crisis this year. In 2013 Mario Draghi has to live up to even bigger expectations.
A gallery of protesters and pie-throwers and the public figures they have tormented.