ecb

On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been unable to reach a deal with its creditors over its next installment of bailout funding and with just...

Deutsche Bank AG (USA) (NYSE: DB) reported worse-than-expected first-quarter results on Monday. Profit for the bank dropped by almost 50 percent to €544 million from the €1.1 billion reported for the same quarter last year on back of the massive fine that the bank agreed to pay for...

With the ECB quantitative easing in place to turn around the eurozone, some economies are witnessing reversals. However, there are also other euro-member economies that didn't required the quantitative easing in the first place and now might be investing overvaluation of assets. "Bond...

At approximately 8:41 a.m. ET, ECB President Mario Draghi was attacked by a crowd member who accused the central bank of being a "dictatorship." Four minutes later, the conference resumed. But...what happened? Everything was going smoothly, according to Twitter: Draghi: Purchases intended to run...

Greek lawmakers elected to pass an anti-poverty bill on Thursday, despite requests from the nation's creditors that the voting process be postponed. The bill, which provides low-income families with electricity and food stamps, is expected to cost Greece approximately €200 million at a...

Timothy Anderson of MND Partners on Thursday discussed Eurozone developments with Benzinga. Anderson commented that the European Central Bank would begin its bond buying program on March 9 and would be "limited to Investment grade Public Sector debt" which "would exclude Greek...

The European Central Bank announced its anticipated €1 trillion quantitative easing program Thursday. The ECB will make monthly asset purchases of €60 billion through September 2016, and possibly beyond, in an effort to fulfill its “price stability mandate” and achieve 2...

Investors are eager for more clues about the European Central Bank’s plans for next week’s policy meeting. The bank has been hinting at the possibility of a large-scale quantitative easing program for months, saying that the governing council is willing and ready to intervene if need...

U.S. stocks were slightly lower on Thursday as investors and traders may be sitting on the sidelines ahead of Friday's monthly jobs report. The Dow nearly traded lower by 100-points but rebounded and traded at a new all-time high of 17,937.96 before ending the day almost unchanged. U.S....

Alpari Market analyst Craig Erlam says that even though it seems like most people want to see quantitative easing from the European Central Bank, it probably won’t happen. He was recently a guest on Benzinga’s #PreMarket Prep to explain the problem with the ECB trying quantitative...

The Federal Reserve will end its third round of bond buying since 2010, known as QE3, later this month. This coming change has helped roil global equity markets and coincided with the most recent leg in the year-long rally in US Treasuries. The US 10-year note closed Friday at 2.32 percent, its...

CMC Markets Chief Analyst Michael Hewson thinks that even though Germany has a budget surplus right now, its economic growth is stalling out. Hewson joined Benzinga’s #Premarket Prep broadcast to talk about what’s moving the markets in both the eurozone and the United States....

The German DAX indices recently new all-time highs, and Traders’ Leadership Council Managing Director Malte Kaub joined Benzinga’s #PreMarket Prep this week to talk about the movements. The German market is part of what’s driving the overall economy in Europe right now and...

Brent crude oil nearly fell below $94 on Thursday morning as investors continued to worry about growing supplies and a waning global economy. The commodity traded at $94.08 at 6:28 GMT with the outcome of the European Central Bank’s policy meeting in focus.  Weak data from the...