EghtesadOnline: Oil prices dropped by more than one % on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned of continued weakness and fresh data showed Chinese exports and imports slumped last month.
EghtesadOnline: European Central Bank policy makers see scope to wait until their July meeting to announce how they’ll end their bond-buying program, according to euro-area officials familiar with the matter.
EghtesadOnline: The dollar’s miserable week continued, with the greenback slipping against most major peers as traders digest the latest comments from White House officials. The euro was steady before the first ECB policy decision of the year, while stocks were mixed and crude gained.
EghtesadOnline: European Central Bank Governing Council member Ewald Nowotny said last week that the euro’s recent rise shouldn't be “over-dramatized,” a notion that economists seem to agree with.
EghtesadOnline: The euro fell and the dollar pared losses on reports European Central Bank officials may still be a ways away from detailing plans to scale back asset purchases, reversing earlier moves triggered by below-consensus gains in U.S. jobs and wages.
EghtesadOnline: Don’t get distracted by Thursday’s ECB-driven slump: the euro has been redrawing the global currency map on its journey to multi-year highs.
EghtesadOnline: The European Central Bank should start thinking about how it wants to return to normal monetary policy and when it wants to wind down it bond purchases, governing council member Sabine Lautenschlaeger said in remarks published on Saturday.
EghtesadOnline: The dollar wallowed near a six-week low against the safe-haven yen on Wednesday, with traders cautious ahead of Britain's general election, a European Central Bank policy decision and testimony by former FBI Director James Comey.
EghtesadOnline: Investors adopted a cautious stance ahead of a barrage of events due in the next 48 hours.
EghtesadOnline: The European Central Bank is starting to debate whether to reflect the euro area’s improving economic prospects in its policy guidance, Bundesbank President Jens Weidmann said.