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European stocks surged to close almost 3 percent higher after European Central Bank President Mario Draghi reiterated on Thursday that the central bank was ready to start “full-blown” quantitative easing. In a letter made public, Draghi said the Governing Council would closely monitor the “risks to the outlook for price developments over the medium term”. Read More

By Marc Jones LONDON (Reuters) – The dollar hit a nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, bolstered by Federal Reserve confidence in the U.S. economy and hopes of aggressive new stimulus in Europe. Wall Street was expected to start the day on the front foot, Read More

By Marc Jones LONDON (Reuters) – The dollar hit a nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday, encouraged by expectations for a U.S. rate increase and new stimulus this month from the European Central Bank. Steadier oil prices also encouraged risk appetite and helped nudge U.S. Read More

By Patrick Graham LONDON (Reuters) – European shares sank for a third day on Tuesday as a slide in oil prices showed no sign of easing off, supporting traditional safe-haven assets such as top-rated government bonds, the Japanese yen and the Swiss franc. Asian shares had slumped overnight after another day of drama on oil Read More

By Jamie McGeever LONDON (Reuters) – The euro slumped to a nine-year low on Monday as investors bet that the prospect of inflation across the region turning negative and mounting political uncertainty in Greece will force the European Central Bank to unleash quantitative easing. European shares were volatile, initially falling sharply before rebounding into positive Read More

By Patrick Graham LONDON (Reuters) – The euro took another downward lurch on Friday, sinking to a 4-1/2 year low against the dollar on clear indications that the European Central Bank will soon embark on outright money-printing. Yields on government bonds issued by the euro zone’s heavily indebted southern member states – which the bank Read More