The ECB chief Mario Draghi said on Thursday that the bank is studying new stimulus measures that could be unveiled as soon as December and is prepared to cut its deposit rate deeper into negative territory.
Posts tagged MC
ECB signals Dec easing; euro slides to 2-month low (23-10-2015)
SP 500 ends at highest in 2-month; Alphabet up after hours (23-10-2015)
The Dow Jones industrial average rose 320.55 points, or 1.87 percent, to 17,489.16, the SP 500 gained 33.57 points, or 1.66 percent, to 2,052.51 and the Nasdaq Composite added 79.93 points, or 1.65 percent, to 4,920.05.
Asian shares get a fillip from ECB stimulus hopes (23-10-2015)
Asian share markets were sharply higher early Friday, tracking offshore gains following hints of new stimulus from the European Central Bank (ECB).
Gold falls to 1-week low as dollar soars against euro on dovish Draghi (22-10-2015)
Gold falls to 1-week low as dollar soars against euro on dovish Draghi
European shares dollar edge up, ECB keeps investors wary (22-10-2015)
Chinese stocks were a bright spot – solidly in positive territory and recovering from Wednesday’s worst one-day fall in five weeks.
‘Urgency’ for oil exporters to adjust spending: IMF (22-10-2015)
The IMF forecast growth in the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region would be 2.5 percent in 2015, down from growth of 2.7 percent last year and down 0.5 percentage points from the fund’s last predictions in May.
Penalty costs may run up further: Volkwagen CEO (22-10-2015)
VW admitted on Sept. 18 it used illegal software to manipulate emissions tests on diesel vehicles in the United States, sparking the biggest business crisis in its history.
Here’s why India’s once-dozy IPO market is rallying (22-10-2015)
Activity in the IPO market tends to lag the performance of the broader stock market, which took off in mid-2014 amid optimism that Prime Minister Narendra Modi would able to unlock India’s economic potential.
Xi sees no hard landing for China but ‘new normal’ (22-10-2015)
Chinese leaders have been trying to reassure jittery global markets for months that they have economic developments under control after a shock devaluation of the yuan and a plunge in China’s stock market.
Cadila posts 40% jump in net profit to Rs 391 crore (22-10-2015)
The company has posted standalone net profit of Rs 614.08 crore for the quarter ended September 30, 2015 as compared to Rs 365,61 crore in the year-ago period.