Europe Day Ahead: Draghi makes a bee-line for London

Bank of Canada Governor Mark Carney (L) speaks to the President of the European Central Bank Mario Draghi as they pose for a group photograph at the G7 Finance Ministers meeting in Aylesbury, southern England May

As we noted in our , Mario Draghi said in his press conference that the ECB wishes for the creation of a larger ABS market (asset backed securities) in Europe in order to be able to monetize more debt. The difficulty for the ECB, as Draghi ...

- Since the middle of 2012, when fears of a euro zone breakup were squelched by European Central Bank Mario Draghi's pledge to do "whatever it takes" to preserve the euro, U.S. and global stock markets have surged. At the same time, there has been a ...

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Euro: After lowering the key interest rate to the record low level, Mario Draghi during his speech on Monday made ??it clear that the European regulator is ready to act even further if there will be a need. The Euro formed a downtrend and the EUR / ...

Following ECB President Mario Draghi's announcement earlier this week on the prospect of further injections of cash into the economy while keeping the option of a negative deposit rate on the table, the euro's volatility has eased, to a four-month ...

European Central Bank Chief Mario Draghi's latest comments that further monetary easing in the euro area is possible is making euro bulls think twice, say currency analysts. The ECB chief departed from a prepared speech in Rome late on Monday to say ...

May 7 - More rate cuts could be on the cards in the euro zone after Mario Draghi feels the need to repeat hints about further action, and it's a mixed outlook for bank earnings in Europe. More Videos Disney set to take summer prize with Iron Man 3 ...

It was the first change in interest rates since July 2012 and the banks fourth cut since Mario Draghi took over as president of the ECB.