Banking Union

The International Monetary Fund issued its assessment of the eurozone Thursday morning and concluded that, although leaders have done a lot to fight the continent-wide recession, more could be done to boost growth and unemployment. The region, which together is the largest economy in the world,...

Futures Slips Post-FOMC U.S. equity futures slipped in early Thursday trade after the FOMC decided to increase the size of QE3 to $85 billion of monthly purchases, up from $40 billion originally. In addition, the FOMC dropped its target date guidance for interest rates and adopted a threshold-...

Futures Rise on Chinese Investment Plan U.S. equity futures rose in early Wednesday trading as China opened up financial markets to further investment from insurers and increased urbanization plans. The moves serve as ways to support the banking sector in the country, as insurers can now use bank...

U.S. equity futures were flat in pre-market trading for the third straight day despite stronger than expected industrial production data from China, a proxy for growth. The National Bureau of Statistics in China reported that industrial production grew at an annualized rate of 9.6 percent, better...

Former chief economist of the European Central Bank Jurgen Stark has openly stated reservations about any further bond buying from his former employer. In a radio interview with Deutschlandfunk in his native Germany, Stark vehemently opposed bond buying by the ECB, stating that it was against the...