Mario Draghi

The ECB did not change its rates earlier today, consistent with investor expectations. Both Spain and France had strong demand for bond auctions today. Spain's yield was nearly 5% on its longest term offering, a significant increase. With ECB rates holding steady at a record low 1%, today's...

Futures were trading lower throughout the morning after a Spanish bond auction yielded results that were worse than anticipated. Yet, markets fell further still after the ECB's Mario Draghi made comments following the ECB's decision to keep interest rates at 1%. Draghi, who is currently speaking,...

The European Central Bank provided euro zone area banks with another 530 billion euros ($712 Billion) in cheap loans on Wednesday. The European Central Bank (ECB) hopes that the low interest loans that it gave to 800 euro zone banks will give the euro zone economies a boost and lower the borrowing...

Finally! The Greek situation has been put to bed! Or has it? On Thursday morning, Greek leaders announced that they had finally reached a deal with their private creditors to avoid an outright default. The EUR/USD currency pair instantly rallied on the news, spiking over 0.30% to break strongly...

On Thursday, the European Central Bank opted to keep its key interest rate unchanged at 1%. The EUR/USD pair rallied, breaking above $1.28 in early trading. In a subsequent press conference, the president of the ECB—Mario Draghi—spoke of his expectations for the Eurozone and the state of the...

On Tuesday, the US dollar index declined roughly 1% as nearly all risk assets rallied. The Dow Jones Industrial Average gained over 250 points in early trading, while gold and oil moved sharply higher. The move may have been motivated by traders' expectations, as the European Central Bank is set...

On Monday, the President of the European Central Bank—Mario Draghi—addressed lawmakers in the Eurozone. Subscribers to Benzinga Pro were alerted to the contents of Draghi's speech in real-time. All in all, he brought little to the table, mostly reiterating previous sentiment and making cautious...

The European Summit—which had been anticipated all week—concluded early Friday. Given expectations, the results seemed to be underwhelming. Yet, US equity futures were trading up Friday morning, perhaps evidence of the fact that investors had bought into the deal enough so as to calm concerns. On...

On Thursday, the European Central Bank opted to drop its benchmark interest rate by 25 basis points to 1.00%. The ECB's president, Mario Draghi, cited worsening economic conditions in the Eurozone as the primary motivator behind the rate cut. This comes in contrast to Draghi's predecessor—Jean-...

Dow futures spiked early on Friday morning when it was reported that the European Central Bank (ECB) might lend money to the International Monetary Fund (IMF). Speculation is that the money lent by the ECB to the IMF would be funneled back to Europe in the form of IMF aid. Many market...