EUROPEAN CENTRAL BANK

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

European Stocks Rise On ECB Stimulus Expectation

Most of the European markets rose Wednesday amid optimism among investors that the European Central Bank would announce bold stimulus measures to rejuvenate the economy and regain growth momentum.

Asian Stocks Fall On Weak China Data

A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo
Most of the Asian markets fell Wednesday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in July compared to that in the previous month.
People wait to enter a government job centre in Malaga, southern Spain January 27, 2012. Spain's unemployment rate rose to 22.9 percent in the fourth quarter of this year, passing the five million mark, data from the National Statistics Institute sho

With Euro Zone Joblessness Sky High, Its Survival Is At Risk: Analyst

The number of unemployed people across all 17 euro zone countries soared 11.2 percent to 17.8 million in June -- up 1 percentage point from the year before, Eurostat, the European Union's statistical agency, reported Tuesday. Euro zone unemployment among people younger than 25 rose to 22.4 percent.
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Trader reacts at his desk in front of the DAX board at the Frankfurt stock exchange

European Stocks Rise On Stimulus Hopes

Most European markets rose Monday amid expectations that the European Central Bank would announce stimulus measures to rejuvenate the euro zone economy.
A man looks at an electronic board at a brokerage house in Shanghai

Asian Stocks Gain On Stimulus Expectations

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.
Traders work on the floor of the New York Stock Exchange

Stimulus Measure Speculations Buoy US Stock Futures

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.
The German DAX Index board is pictured behind a plastic flower during a trading session at the first trading day at Frankfurt's stock exchange in Frankfurt

European Markets Gain On Stimulus Hopes

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.
Nikkei Stock Exchange

Asian Markets Rise On Draghi’s Comments

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.
King

What Will Central Banks Do Next Week?

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.
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Greece Can't Pay Its Debts: 'Troika'

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.
Greek shipyard workers

Troika To Review Greece's Austerity Progress

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.
Traders work on the floor of the New York Stock Exchange

Euro Zone Woes Drag Down US Stock Futures

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.
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Fall On Euro Zone Concerns

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.
European Central Bank President Mario Draghi called for a euro zone "growth pact" the day before new indicators of poor economic sentiment were released by the European Commission.

Spanish Banks Could Get First Funds In $120 Billion Bailout This Month

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.

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