The European Central Bank will be the next of the major monetary guardians to deliver a policy decision. The announcement is ...
A look at the day ahead in U.S. and global markets from Mike DolanTech-heavy stock markets are set to breathe a sigh of ...
Many economists expect the central bank to cut at each of its coming meetings to avoid an economic contraction.
The market expected the European Central Bank to cut rates by 25 basis points and so the moves after the event are meagre. The euro was barely changed beforehand and remains that way around $1.0862.
The euro was pinned at an 11-week low on Thursday ahead of an expected rate cut by the ECB, while European shares inched up, ...