ecb

European Central Bank's Stark is speaking at a conference in Germany.

Gold and silver continue to rally today on Greek currency concerns, even after a sharp decline in the commodities markets last week. The SPDR Gold Trust ETF (NYSE: GLD) is up over 1.7% since Friday's close, while its silver counterpart (NYSE: SLV) is up over 7% during the same time period. Many...

ECB member Bini Smaghi provided further reassurance to the markets that it is unlikely Greece will restructure its debt by saying this action would bring banking system to its knees. Bini Smaghi also stressed that a Greek disaster would be contagious for the whole Eurozone, reassuring investors...

Anadarko Petroleum (NYSE: APC) is expected to announce a temporary setback in its earnings on Monday, May 2, when the company is due to publish its Q1 earnings report. Analysts are predicting earnings per share will fall by 28.9% to $0.59, from the previous year's level of $0.83. Revenues are...

Hedge fund manager Barton Biggs appeared on CNBC's Closing Bell with Maria Bartiromo on Friday. Biggs told her that he thinks the market has already discounted $110 oil and that the market can grind higher from here. He did note, however, that there are a lot of things that worry him, in particular...

The European Central Bank decided on Thursday to leave its benchmark interest rate unchanged, keeping the rate at a record low level. The ECB maintains a sharp focus on inflation, with an official comfort zone of just under 2 percent. Inflation on the Euro reached 2.4 percent in February, up from 2...

Austerity is not just the antidote for the financial trouble in Europe, says ECB head Jean-Claude Trichet. It is time for the industrial nations all to cut spending sharply and raise taxes. The ECB chief said in an FT editorial that “by the end of this year, government debt in the euro area will...

Boeing (NYSE: BA) has presented its proposal to the US Air Force on the next-generation aerial refueling tanker aircraft. The company lagged a day behind its competitor, EADS NV (NYSE: EAD), which submitted its proposal yesterday. The supporters of BA say that the Pentagon should add estimated...

The European Central Bank expects the Euro Zone economy to grow at a slow rate for 2010, but they are keen to remind people that that outlook is subject to a myriad of uncertainty. Bank President Jean-Claude Trichet said in a press conference, following the ECB’s decision to keep interest rates at...