Most European markets rose Monday amid expectations that the European Central Bank would announce stimulus measures to rejuvenate the euro zone economy.
Most of the Asian markets rose Monday as investor confidence was lifted by the hope that the central bank around the globe would announce stimulus measures to regain the economic growth momentum.
Asian stock markets rallied Friday as comments from European Central Bank (ECB) president raised hopes for further central bank action in Europe to alleviate the sovereign debt crisis.
U.S. stock index futures point to a higher opening Friday following expectation among investors that central banks around the world will announce stimulus measures to regain the economic growth momentum.
Most European markets rose Friday amid hopes of stimulus measures to boost the economy after the European Central Bank promised to take steps to protect the euro.
Asian markets rose Friday as investor sentiment turned positive following the promise from European Central Bank to take necessary steps to save the euro zone from collapsing.
The U.S. stock index futures pointed to a lower opening Wednesday as investor confidence continued to be dragged down with no resolution to the euro zone crisis visible on the horizon.
By taking policy rates to close to 0 percent and pushing deposit rates below zero, the move by Denmark may have opened the window for the ECB to take action at their meeting next week.
Greece is not likely to be able to pay its debts, meaning the twice bailed-out member of the euro zone will have to restructure about $240 billion of sovereign debt, European Union officials told Reuters on Tuesday.
U.S. stock index futures point to a flat opening Tuesday as investor sentiment continue to be affected by the mounting borrowing costs faced by Spain and worsening economic condition of Greece.
Most European markets rose Tuesday but investors remained watchful amid continuing concerns of the deepening economic conditions in the euro zone.
Representatives of the creditors that are keeping Greece economically afloat are set to arrive in Athens Tuesday to appraise Greece's slow progress in implementing austerity measures required for it to continue to receive bailout money.
Asian stock markets slumped Monday as renewed concerns over the euro zone debt crisis and worries about the Chinese economic slowdown dented investor sentiment.
U.S. stock index futures point to a lower opening Monday as investor confidence became weak following concerns about the deepening debt crisis condition in the euro zone.
Crude oil futures plunged Monday as renewed concerns over the euro zone debt crisis weighed on the financial markets and commodities.
Asian markets fell Monday following the revival of the investor concerns about the deepening debt burden faced by the euro zone and worsening global economic growth.
Pressed by foreign creditors to produce 11.5 billion euros in spending cuts in 2013 and 2014, Greek leaders said Wednesday they had identified areas that could be trimmed.
High nominal and real interest rates can be found in the Latin American short-term fixed income markets
The International Monetary Fund on Monday cut its global growth forecast in 2013 in response to Europe's sovereign debt crisis.
One of the euro zone's two bailout funds could begin disbursing monies to Spain at the end of this month in a €100 billion ($120 billion) rescue of the country's embattled banks, according to an article by the Associated Press based on a story in the German newsweekly Der Spiegel on Saturday.
A declining currency value could be a boon for Europe and a final solution to the ongoing crisis, economists say.
Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.