Category Archives: Main Page

ECB’s Mario Draghi disappointed risk addicts this morning with more strong promises about the Euro being “irreversible” but no concrete acts. Rates are already at the zero bound. Central Banks of the world have already gutted strength in their balance … Continue reading →

Last week while Germany’s gate-keeper Angela Merkel was off line for the day hiking with hubby, the ECB’s Mario Draghi seized the opportunity to elate algo traders everywhere with bold pledges of support (aka blank German cheques): the ECB would … Continue reading →

Silvia Wadhwa is in Frankfurt with more on the meeting between US Treasury Secretary, Tim Geithner, Wolfgang Schäuble, Germany’s finance minister and European Central Bank President, Mario Draghi. Here is s direct link.