Futures turn lower on inflation data; Yellen speech eyed

U.S. stock index futures indicated a flat to slightly lower open for Friday after inflation data and ahead of a speech by U.S. Federal Reserve Chair Janet Yellen.

Euro Area Hits Cruising Speed as ECB Stimulus Adds to Momentum

The euro-area economy probably grew at the fastest pace in almost two years in the first quarter, underpinned by the start of the European Central Bank’s largest-ever stimulus program.

Draghi's Warning Goes Unheeded; Euro's Best Streak in a Year Stalls

The euro declined, ending a four-day rally against the dollar, as European leaders wrangled with a defiant Greece about how to avoid a default and secure financing.

Swiss currency shock: blame the bank in Frankfurt not Zurich

Another day, another bout of extreme market turbulence. The last cue for mayhem has been the decision by the Swiss National Bank to abandon its attempts to prevent the franc from appreciating against the euro.

Years of dithering has given Draghi a QE dilemma

If the Swiss National Bank can’t stand the heat about to emerge from the European Central Bank’s monetary kitchen, Mario Draghi must be cooking something explosive, right? That, at least, is what many in the market assume – that Draghi has persuaded the doubters and the ECB will serve full-blown quantitative easing on a colossal scale next week.

Europe not at risk of full-blown deflation: ECB's Constancio

FLORENCE Italy (Reuters) - Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.

ECB may struggle to buy enough corporate bonds

(Reuters) - Any extension of the European Central Bank's asset-purchase scheme to include company debt risks running into a familiar problem - the ECB may not being able to buy enough of them to make a difference.

Euro Economy’s Managers Aren’t Blinking in Market Rout

German Chancellor Angela Merkel and European Central Bank President Mario Draghi aren’t blinking yet. The longest losing streak in European stocks in 11 years and the weakest inflation since 2009 has intensified pressure on the managers of the euro area’s already ailing economy to deliver fresh stimulus programs.

Euro exchange rate should help growth pick up in 2015: ECB's Nowotny

(Reuters) - The euro's EUR= recent fall is bolstering the euro zone economy and this should show up in stronger growth next year, European Central Bank Governing Council member Ewald Nowotny said in a magazine interview.

German Factory Orders Slump Most Since 2009: Economy

German factory orders (GRIORTMM) plunged the most since 2009, underlining the risk of a slowdown in Europe’s largest economy.

Italian PM Renzi meets ECB's Draghi as economy slides

(Reuters) - Italian Prime Minister Matteo Renzi confirmed he met European Central Bank President Mario Draghi this week, just days after Draghi urged faster action to overhaul Italy's economy.

Italy approves economic package amid scepticism, recession

(Reuters) - Italy has pushed through a package of support measures for the economy that offers some help to businesses, but pressure is rising on Prime Minister Matteo Renzi to take more significant steps to pull the country out of recession.

Dollar Gains Most Since January on U.S. Economic Growth

The dollar rose the most in six months versus a basket of peers after economic reports showed U.S. growth rebounded, boosting bets the Federal Reserve is on pace to raise interest rates next year.

Europe's banks brace for interest rate cuts, with Mario Draghi expected to act

Europe's banks were bracing themselves over the weekend for much anticipated cuts in the eurozone's commercial interest rates to boost the currency zone's struggling economy.

Draghi: Cramped credit hurting recovery

SINTRA, Portugal (AP) — European Central Bank President Mario Draghi says the ECB could take targeted steps to get credit flowing to struggling small businesses as a way to boost the tepid economic recovery.

ECB hints at further stimulus to combat low inflation

The European Central Bank (ECB) has said it will provide "further stimulus" to the eurozone economy if inflation in the bloc continues to remain low.

Germany's current account surplus is a wider issue than it first appears

When the US treasury recently added its voice to the chorus of critics of Germany's chronic current account surplus, it underscored the deep disagreement over what, if anything, should be done about it.

Greece Trumpets Return to International Bond Market

ATHENS — Greece’s return to the financial markets with a five-year bond offering on Thursday was met with overwhelming demand from investors, and government officials hailed the sale as proof that the country was recovering from a wrenching five-year economic crisis.

Euro zone may need lower rates: ECB member

(Reuters) - Euro zone countries are experiencing a recovery but lower interest rates may be needed to nurture it, European Central Bank executive board member Benoit Coeure told France's Le Figaro newspaper on Friday.

Markets may be underestimating threats to the global economy

The world's economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability – even if they are not fully extinguished.