EUROPEAN UNION

Asian Shares Slip On Caution Over Fed Action

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Asian shares eased Thursday ahead of the U.S. Federal Reserve's decision later in the day, but investors remained optimistic of further stimulus action to bolster the world's largest economy.
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An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stocks Fall Amid Euro Zone Worries

Most of the Asian markets fell Tuesday as investors' concerns about the debt crisis affecting the euro zone were revived, undermining the optimism initially raised by the bond-buying plan announced last week by the European Central Bank.
Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Markets Decline As Easing Optimism Fades

Most of the European markets marginally fell Monday as investor optimism over last week's bond buying plan announced by the European Central Bank began to fade and concerns about the debt crisis faced by the euro zone was revived.
Rajoy

Draghi's ECB Announcement - Spain A Stealth Loser, Italy A Silent Winner

While pundits and analysts dissected a myriad angles regarding the ECB's proposal, one lesser-considered issue has been how, following the announcement of the plan Thursday, it increasingly seemed Spain was being given the short end of the stick, while Italy was being favored, by the announcement.
Pieces of gold

Gold Tops $1,700 on Draghi Comments, Holds Despite Good Jobs Data

Gold futures blew past the $1700-per-ounce mark early Thursday morning ahead of a widely-anticipated appearance by European Central Bank president Mario Draghi where the central bank head was expected to announce further monetary accommodation in the eurozone.
Mario Draghi

Draghi: ECB Agrees Unlimited New Bond Program - OMT

European Central Bank President Mario Draghi said Thursday the “euro is irreversible” and announced a new bond-buying plan “Outright Monetary Transactions,” or OMTs, aimed at lowering the struggling euro zone countries’ borrowing costs which would serve as a “fully effective backstop.”
Traders work on the floor of the New York Stock Exchange

ECB Stimulus Hopes Lift US Stock Futures

The U.S. stock index futures point to a higher open Thursday as investor sentiment was underpinned by the expectation that the European Central Bank would announce stimulus measures to ease the euro zone debt burden.
Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Markets Gain Before ECB Meeting

European markets rose Thursday on hopes ahead of the European Central Bank meeting where the bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum.
Asian Stocks

Asian Stocks Decline As US, China Data Disappoint

Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
Photo illustration shows two euro coin through a magnifying glass near a picture of German share trading DAX index

European Markets Range-Bound Ahead Of ECB Meeting

European markets remained in a tight range Wednesday as investors continued to be nervous ahead of the meeting in which the European Central Bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum
Traders work at their desks at the Frankfurt stock exchange

European Markets Fall As Investors Remain Watchful

Most of the European markets fell Tuesday as investors continued to remain cautious waiting for the policymakers to announce stimulus measures to boost the euro zone economy and revive the growth momentum.
Gold rises on expectations of more U.S. stimulus

Gold Hits 5-1/2 Month High on Stimulus Hopes

Gold edged higher on Tuesday to the highest level in more than five months as lacklustre manufacturing data from around the globe fanned speculation of imminent easing measures from central banks.
An investor gestures as he talks to a person in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Range-Bound As Stimulus Hopes Persist

Asian markets remained in a tight range Tuesday as investors were waiting for the outcome of meetings among the policymakers in the euro zone which is expected to announce measures to tackle the debt crisis affecting the region.

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