REUTERS – The U.S. dollar rose against the yen and euro on Monday and U.S. stocks hovered near last week’s record highs as a brighter outlook for the U.S. economy kept the risk trade alive. The euro extended its losses against the dollar to hit a session low in mid-morning trade after European Central Bank President Mario Draghi said the bank, which cut interest rates last week, is watching... 

REUTERS – Global equity markets rose on Thursday after an encouraging U.S. weekly labor market report suggested a steadily improving economy, while the euro strengthened after the European Central Bank left its benchmark interest rate unchanged. The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting a pick-up in the labor market recovery and... 

REUTERS – A U.S. economic contraction in the fourth quarter pressured stocks in Europe and the United States on Wednesday even as it bolstered expectations the U.S. central bank will continue its easy monetary policy and kept the euro near a 14-month high. Positive stock sentiment after strong results at Boeing and Amazon.com and a strong private sector employment report was largely offset... 

REUTERS – World share markets and commodities surged in early trading on Monday, recovering some of the previous week’s sharp losses as traders focused on politicians’ comments indicating readiness to compromise to avoid the U.S. “fiscal cliff.” Wall Street stocks climbed more than 1 percent, extending a rally that began on Friday, while crude oil was up more than 2... 

REUTERS – The euro traded higher against the U.S. dollar on Thursday after the European Central Bank unveiled a new and potentially unlimited bond-buying program to stem the euro zone debt crisis. Investors have been anticipating the plan for weeks and the details European Central Bank President Mario Draghi announced at a news conference were largely in line with expectations. Draghi gave few... 

LONDON (Reuters) – European shares crept higher on Monday after weak factory data highlighted the poor health of the global economy, keeping alive talk of fresh stimulus from major central banks. However, with U.S. investors out for the Labor Day holiday, markets were stuck in a limited range. Expectations that central banks would soon take steps to boost growth increased after separate surveys... 

REUTERS – The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on, Europe must decide whether to give the country yet more help or cut it loose. For all its complexities, Greece’s problems essentially come down to three simple questions: Can the country return to growth? How big are its debts? And will the first ever be enough to pay off the second? Put like... 

Germany on Monday poured cold water on a reported plan by the European Central Bank to set a cap on the borrowing costs of debt-wracked eurozone countries, terming it “very problematic.” “Purely theoretically and speaking in the abstract, such an instrument would of course be very problematic but I am not aware of any plans in this direction,” said Martin Kotthaus, a spokesman... 

A senior member of the European Central Bank said in an interview that the eurozone rescue fund should buy bonds of struggling countries to ease pressure on nations like Italy and Spain. “Certainly it’s a mystery why the EFSF (European Financial Stability Facility) was allowed almost a year ago to undertake secondary market interventions and governments have not yet chosen to use that... 

The European Central Bank is coming under increasing pressure to come to the rescue once again as the eurozone debt crisis deepens, with analysts suggesting it could cut interest rates soon. The ECB’s governing council usually convenes on the first Thursday of every month for its regular policy-setting session but it is meeting in the bank’s Eurotower headquarters on Wednesday owing...