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Apr 8, 2014
Stocks down across the globe
Stocks turned lower Tuesday and trade over 1.0% down across Europe amid concerns about stocks' valuation ahead of the first-quarter earnings season that unofficially starts with Alcoa results.
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Apr 8, 2014
Buba's Dombret: ECB has tools to counter low inflation
Deutsche Bundesbank Executive board member Andreas Dombret said on Tuesday that the ECB has the necessary tools to counter low inflation at its disposition and that it should use them if deflationary pressures increase. It should however have in mind the possible implications of keeping rates low for an extended period of time, the Buba top official stressed.
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