European Central Bank

ECB bazooka fires stock markets higher

The European Central Bank`s bond-buying "bazooka" fired global stock markets higher on Friday, but sent the euro diving to a new 11-year dollar low.

Jan 23, 2015, 16:40 PM IST

Tokyo investors eye Fed meet, Japanese earnings next week

A US central bank meeting and the start of Japan`s earnings season will drive Tokyo shares next week, analysts said Friday, after the ECB`s unprecedented stimulus helped push the Nikkei to a nearly four percent weekly gain.

Jan 23, 2015, 16:23 PM IST

ECB rings in new year with QE fireworks

The European Central Bank began 2015 with a bang, unveiling plans Thursday for a massive trillion-euro bond purchase programme to ward off deflation and end stagnation in the eurozone economy.

Jan 22, 2015, 19:38 PM IST

ECB holds key rate steady at 0.05%, flags more measures

The European Central Bank held its key interest rates unchanged on Thursday at its first policy meeting of 2015, but said it would announce new monetary policy measures later.

Jan 22, 2015, 18:28 PM IST

Factbox- ECB QE: What markets expect and what it might mean

Financial markets are primed for the European Central Bank to launch a quantitative easing programme on Thursday in an attempt to revive the moribund euro zone economy and inflation.

Jan 22, 2015, 16:26 PM IST

Bank of Canada delivers shock rate cut as ECB gears up for QE

The Bank of Canada joined the list of "unpredictable" central banks on Wednesday with a shock quarter point rate cut as the European Central Bank prepared a 600 billion euro ($695 billion) bond-buying program aimed at lifting Europe out of its economic doldrums.

Jan 22, 2015, 11:18 AM IST

ECB could purchase 50 bn euros of bonds per month: Report

The European Central Bank`s executive board has drawn up proposals to buy 50 billion euros ($58 billion) of sovereign bonds per month until the end of 2016, Bloomberg reported on Wednesday.

Jan 22, 2015, 00:40 AM IST

Top economists clash at Davos over ECB bond-buying

Top economists in Davos clashed on Wednesday over the impending decision by the ECB to buy up sovereign debt, an unprecedented measure to fight deflation that powerful Germany believes would merely allow overspending eurozone states to put off reforms.

Jan 21, 2015, 23:29 PM IST

Asian shares buoyed by ECB easing hopes, euro soft

Asian shares held firm and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen was subdued ahead of the Bank of Japan`s policy announcement later in the Asian day.

Jan 21, 2015, 09:00 AM IST

Asia markets rise, China growth beats forecasts

Asian markets mostly rose Tuesday after China released data showing its economy grew a little faster than expected, while speculation swirled that the European Central Bank would embark on a huge stimulus programme.

Jan 20, 2015, 19:12 PM IST

German investor confidence up on `QE effect`

Investment sentiment in Germany hit an 11-month high this month on hopes the European Central Bank is about to roll out its heavy anti-deflation artillery, analysts said on Tuesday.

Jan 20, 2015, 18:28 PM IST

Davos predictions: Win some, lose some

As the world`s business and political elite ascends the Swiss Alps for an annual bout of crystal-ball gazing this week, history suggests the Davos pundits are likely to get plenty of things wrong.

Jan 19, 2015, 12:58 PM IST

Tokyo stocks open up 0.81%

Tokyo stocks opened 0.81 percent higher on Monday following rallies in New York, with investors hoping for fresh stimulus from the European Central Bank`s policy meeting later this week.

Jan 19, 2015, 06:47 AM IST

ECB faces crucial test of "whatever it takes"

The European Central Bank faces a crucial test of its resolve to do "whatever it takes" to preserve the euro when it decides this week on buying government bonds to combat deflation and revive the economy.

Jan 18, 2015, 17:15 PM IST

ECB compromises with Germany over QE programme: Report

The European Central Bank will introduce quantitative easing next week but in a manner that shares risks among all eurozone nations, following concerns from Germany, the Financial Times reported Saturday.

Jan 17, 2015, 10:20 AM IST

ECB devises `German-friendly` QE programme: report

The European Central Bank has devised a bond-buying programme that will be acceptable to Germany, which has voiced deep reservations about the measure, the weekly news magazine Der Spiegel reported on Friday.

Jan 16, 2015, 23:56 PM IST

'ECB Jan 22 meeting to examine launching sovereign debt purchase'

"We should also decide if the purchase would concern the debt of certain countries or if it should be balanced across the entire eurozone," said Coeure.

Jan 16, 2015, 13:42 PM IST

Cheaper oil `bolsters` ECB case for more stimulus: Lagarde

IMF chief Christine Lagarde on Thursday encouraged the European Central Bank to unleash fresh stimulus on the ailing eurozone, saying falling global oil prices increase the risk of deflation.

Jan 15, 2015, 23:32 PM IST

Eurozone exports rise in November: Eurostat

The eurozone posted a 20.0-billion-euro ($23.5 billion) trade surplus in November, down from 23.6 billion euros the month before.

Jan 15, 2015, 17:49 PM IST

Top EU lawyer clears ECB bond-buying

A senior advisor to the EU`s top court found Wednesday that a hugely controversial bond-buying programme by the European Central Bank is legal, clearing the way for the ECB to begin buying government debt.

Jan 14, 2015, 18:26 PM IST