Tag: euro
Global Stocks Rally on ECB Stimulus Hopes, Rising Oil Prices
Global stocks ended the week on a firmer note, as investors cheered on higher oil prices and the possibility the European Central Bank (ECB)...
EUR/USD Tumbles as ECB Mulls Policy Change at Next Meeting
The EUR/USD fell below 1.08 for the first time in two weeks on Thursday after European Central Bank (ECB) President Mario Draghi promised a...
Markets Rise after Stronger than Expected Chinese Trade
Stock markets in Europe and Asia swung higher on Wednesday and oil prices also rebounded after better than expected Chinese trade figures eased concerns...
Weekly Markets Update China Growth Fears Drags Oil Prices Lower for...
Ongoing concerns about China’s economic health pushed mainland stocks lower on Monday, while oil prices continued to plumb new lows amid heightened oversupply worries.
Oil...
Global Markets Little Changed in Holiday-Shortened Session
European stocks ended flat on Thursday, while US markets traded choppy in a holiday-shortened session before Christmas.
The pan-European STOXX 600 Index was little changed...
European Stocks Rise for from 10-Week Low as Oil Prices Rebound
European stocks rose on Tuesday following five consecutive daily losses, as oil prices eased off recent lows ahead of the Federal Reserve’s policy meeting...
European Stocks Resume Downtrend as Oil Selloff Intensifies
European stocks resumed their decline on Monday, as energy producers fell for the eighth time in ten sessions amid plunging oil prices.
Europe’s major averages...
European Stocks Decline, Oil Hits 7-Year on IEA Warning
The rout in European stocks continued on Friday after a warning by the International Energy Agency (IEA) about a worsening supply glut pushed oil...
Oil Prices Hit 2009 Lows, Global Stocks Plunge
Oil prices plunged to new seven-year lows on Tuesday, dragging down global stocks in belated response to OPEC’s decision last week to keep crude...
European Stocks Surge, Oil Continues Lower
European stocks surged on Monday, following Wall Street’s lead after markets regained confidence that the European Central Bank would do more to boost the...
EUR/USD Surges as ECB Moves to Boost Euro Area Economy
The EUR/USD surged 200 pips on Thursday, recovering from eight-month lows after the European Central Bank (ECB) extended its stimulus program in an effort...
EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting
The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...
ECB Stimulus Bets Lift Stocks, Weigh on Euro
European stocks were trading at three-month highs on Monday, while the euro weakened against the dollar as investors prepared for the European Central Bank (ECB)...
Dollar Strength Weighs on Gold Price
The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...
EUR/USD Turns Back from 1.08 on Disappointing Eurozone GDP
The EUR/USD was back on the defensive Friday, giving up the previous session’s gains after government data showed an unexpected slowdown in Eurozone growth.
The...
Euro, Stocks Drift Lower as Draghi Hints at Additional Stimulus
An indication from European Central Bank President Mario Draghi that further monetary easing may be coming next month weighed on the euro on Thursday...
European Stocks Plummet amid Slowdown in Chinese Industrial Profits
European stocks were back on the defensive Monday after government data showed a fall in China’s industrial profits, fueling fresh concerns about a bigger...
European Stocks Plunge as amid Global Growth Woes
European stocks plunged on Tuesday, as global growth woes continued to grip investors in the wake of a new emissions scandal from German automaker...