Europe

Week Ahead: Bank Earnings Loom Large as Stocks Near Record

The focus on Wall Street will shift to corporate earnings next week after a strong June jobs report on Friday gave investors confidence that the U.S. economy was on stable footing and stocks rallied to near-record high levels.

Global Stocks Waver on Uncertain Data

Tensions between the West and Russia are starting to weigh on global stock markets as weak data also continues to hamper confidence. 

OECD Calls Meeting Next Week to Discuss Panama Papers

The Organization for Economic Co-operation and Development has called a meeting of senior tax officials from leading economies on April 13 in Paris to discuss a common response to widespread tax avoidance schemes reportedly unveiled by the so-called Panama Papers.

Draghi: ECB Monetary Policy Is Stimulating the Economy

European Central Bank President Mario Draghi issued a strong defense of accommodative monetary policy Monday, saying that there was no alternative to such policy in an environment where inflation remains very weak.