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Why The CEO Of The World's Largest Investment Management Firm Is Negative On U.S. Economy
Monday, January 26, 2015 - 5:48pm | 691Larry Fink, chairman and CEO of BlackRock, Inc. (NYSE: BLK), the world’s largest investment management firm, was recently interviewed by Bloomberg at the World Economic Forum's annual meeting in Davos, Switzerland. In the interview, Fink discussed the recent announcement by European...
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Syriza Won The Greek Election, Now What?
Monday, January 26, 2015 - 10:48am | 391Over the weekend, Greek voters elected the radical leftist Syriza party into power. The outcome wreaked havoc on European markets, causing the euro to dip below $1.11 and sending 10-year government bond yields across the bloc tumbling. Many worry that the party’s bold demands will...
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How To Play Options Market Following QE
Monday, January 26, 2015 - 8:36am | 801Scoreboard It was a green week on Wall Street but it ended on a somewhat sour note. On Thursday, the ECB fired the bazooka they've been promising for two years and it was a whopper topping expectations. The eurozone will benefit from bond buying for an opened ended period of time. This...
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European Central Bank Unveils €1 Trillion Quantitative Easing Program
Thursday, January 22, 2015 - 11:50am | 233The European Central Bank announced its anticipated €1 trillion quantitative easing program Thursday. The ECB will make monthly asset purchases of €60 billion through September 2016, and possibly beyond, in an effort to fulfill its “price stability mandate” and achieve 2...
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A Currency Question Worth Asking: Will The ECB Ease In January Or March?
Wednesday, January 14, 2015 - 2:34pm | 343Investors are eager for more clues about the European Central Bank’s plans for next week’s policy meeting. The bank has been hinting at the possibility of a large-scale quantitative easing program for months, saying that the governing council is willing and ready to intervene if need...
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Is The U.S. Still The Best Place To Invest?
Saturday, January 3, 2015 - 5:26pm | 397Although there were a few emerging markets that performed better than America in 2014, among developed economies, no one came close to the performance of U.S. equities. Ron Insana, CNBC contributor and Marketfy Maven, recently discussed why the U.S. is still among the best places to invest...
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Will The Grinch Steal The Santa Claus Rally In 2014?
Thursday, December 11, 2014 - 5:33pm | 789There are many sayings that are used to describe movements in the financial markets. For example, “Sell in May and go away” and the “January Effect” are two of the most common ones. One that is applicable to the current time period is the “Santa Claus rally....
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Euro Tumbles Ahead Of ECB Meeting
Wednesday, December 3, 2014 - 8:59am | 346The euro slumped even lower on Wednesday with just a day to go before the European Central Bank was set to meet and discuss the region’s monetary policies. The common currency traded at $1.2329 at 9:00 GMT as poor data from the region raised speculation that the ECB could decide to make a...
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4 Outperforming Indian ETFs
Tuesday, December 2, 2014 - 6:12pm | 732Indian equity markets are booming, and aren’t showing any signs of slowing down. The surprise rate cut executed by the Chinese Central Bank in order to fight its slowing growth, as well as European Central Bank President Mario Draghi’s commitment to its stimulus package has...
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Mario Draghi's Comments Just Increased Easing Speculation
Monday, November 24, 2014 - 8:54am | 310The euro began the week below $1.24 on speculation that the European Central Bank will ease further at its December meeting. The common currency traded at $1.2378 at 7:00 GMT on Monday morning as investors analyzed comments made on Friday by ECB President Mario Draghi. The Wall Street Journal...
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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 5:33pm | 945U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
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Central Bank Intervention Sends Markets Soaring
Friday, November 21, 2014 - 9:25am | 204Stock markets around the globe have been surging on central bank news. Dow Futures were up 0.69 percent, with S&P 500 Futures up 0.72 percent as of Friday morning. The markets moved higher after China cut interest rates, lowering its one-year deposit rate 25 basis points to 2.75 percent and...
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Euro Steady At $1.25 Ahead Of Fed Meeting Minutes
Wednesday, November 19, 2014 - 9:00am | 312The euro was steady above $1.25 on Wednesday as investors waited for the U.S. Federal Reserve to release its meeting minutes later in the day. The common currency traded at $1.2528 as investors continued to speculate that the European Central Bank would move in the opposite direction of the Fed...
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The Biggest Surprise On Monday Wasn't Japan, Bank of England's Mark Carney, Mario Draghi Or Even David Cameron
Tuesday, November 18, 2014 - 10:04am | 879Perhaps the biggest surprise of the day Monday wasn't the fact that Japan suddenly finds itself back in a recession. Nor the fact that the Bank of England's Mark Carney began to publicly fret about deflation. Or that Super Mario started talking about QE again. Or even that David...
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Draghi Says Bank Ready To Add More Stimulus
Tuesday, November 18, 2014 - 9:28am | 363The euro was steady at $1.25 at 7:00 GMT on Tuesday morning despite comments from the ECB’s Mario Draghi on Monday. The common currency has been under pressure recently as the region’s financials indicate that the region will need more stimulus from its central bank in order to stay...