ECB

RICHARD JEFFREY

Global markets rallied at the end of last week as the Federal Reserve unleashed QE3, prompting some investors to call the start of the next major bull market in equities.

A place incapable of supporting life as we know it - a good description of where ECB monetary policy is leading us.

New European ‘banking union' proposals risk the ire of the UK's biggest banks as they could give EU officials broader powers over the City of London.

UK asset managers are readying their contingency plans to cope with a possible ‘Grexit' as the beleaguered economy returns to the spotlight, despite ECB president Mario Draghi providing a boost for European markets last week.

The euro has hit a two-month high against the US dollar as the European Central Bank's bond-buying plans bolstered the single currency.

M&G's Mike Riddell has warned the European Central Bank's latest grand plan to buy government bonds will not prevent a wave of selling if countries' economies continue to deteriorate.

PIMCO's Bill Gross has said the Federal Reserve and other central banks are to blame for "the current shipwreck" that is the global economy.

ECB president Mario Draghi has outlined details of a plan to buy unlimited amounts of eurozone nations' short-dated debt in an effort to stem the eurozone crisis.

Greece's European lenders have demanded the government in Athens enforces a six-day working week in order to meet the terms of the country's second bailout.