European Union Summit

In an interview with CNBC-TV18, Richard Ross, Global Technical Analyst at Auerbach Grayson said that it was about time and the world was perhaps waiting for this kind of a decisive action from Europe.

Buckle up! Market to post strong gains in July, say experts

Headed into July, experts see Indian equities continue its upmove.

Gold inches up ahead of European Union summit

Gold edged up on Thursday after the euro showed some resilience ahead of a European Union summit that is unlikely to deliver new measures to tackle the region's debt crisis and may prompt investors to turn to the safety of the US. dollar.

See more short term policy action from EU summit: Unicredit

According to Marco Valli, the chief eurozone economist at Unicredit, the market should not hold high hopes for any steps towards fiscal or banking integration from the upcoming European Union summit.

StanChart expects little from EU; overweight on China

With the European Union Summit scheduled to begin from tomorrow, global markets are looking at cues to improve market sentiment. Although, the expectations from the summit is quite low, in the absence of strong measures from the summit markets are likely to be concerned, opined Manpreet Gill of Standard Chartered Bank.

Tricky keeping EU show on road, even with roadmap: Expert

Even if this EU summit brings along a roadmap for the eurozone, , Arnab Das of Roubini Global Economics believes it will not be enough to keep the region afloat.

RBI likely sold dollar via state-run banks: Dealers

The Reserve Bank of India likely sold dollars via state-run banks on Tuesday as the rupee approached a record low against the dollar, tracking falls in global risk assets such as the euro, three dealers said.

Nikkei closes lowest in a week on Europe concerns

Japan's Nikkei share average fell to its lowest close in a week on Tuesday on growing concerns this week's summit of European leaders will fail to make any significant progress in tackling the region's debt crisis.

Expect no major positive cues from EU summit: Jerome Booth

Jerome Booth of Ashmore investment doesn‘t expect to see significant positive announcements from the European Union summit starting this Thursday.

Gold holds above $1,580/oz on EU summit uncertainty

Gold held steady above USD 1,580 an ounce on Tuesday after rising in the previous session on safe haven buying ahead of an important European summit this week.

Asian shares ease as growth fears persist

Asian shares fell on Monday and the safe-haven dollar rose as concerns about faltering global growth and Europe's intractable debt crisis continued to sap investor confidence, but commodities steadied after a pummelling last week.

Greek parliament approves health cuts

The Greek parliament approved an extension of pharmacy opening hours and cuts to drugs spending on Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.

Here's what could affect market performance today

Here is a peek at the global mood and newspaper headlines that could affect the market's performance today.

Markets in risk-off mode before EU summit: Credit Agricole

Dariusz Kowalczyk, senior economist and strategist at Credit Agricole says that investors are currently in a risk-off mode, because of the fear of more disappointment from the eurozone.

World wants Europe to get house in order – now

From the Indian rupee to the fledgling tourist industry in the Atlantic island chain of Cape Verde, more hangs on this week's European Union summit than the future of the euro single currency project alone.

EU summit today, expert sees high chances of disappointment

In an interview to CNBC-TV18, Cameron Brandt, director research at EPFR says he sees a high possibility of disappointment for the US markets. And, for the emerging markets like India, he says, "it means that a rebound is now put on hold."

EU crisis to be over by middle of next year: Swedish Min

Sweden expects emergence of "significant measures" from European Union Summit on Sunday to tackle the euro zone crisis and hopes the problems would end by middle of next year.

Stocks, euro decline as EU summit hopes slip

US stocks fell and the euro edged lower on Wednesday after optimism faded that European leaders will make substantial progress on resolving the euro zone debt crisis at their summit meeting this weekend.