LTRO-II came in above expectations at 530 billion euro today. Bruno Verstrate, CEO of Lakefield Partners spoke to CNBC-TV18 about his take on the matter. Check out his comments.
Stephane Deo, chief European economist, UBS AG spoke to CNBC-TV18 about the outlook for euro and the European markets.
Gold fell to a three-month low on Thursday as prices were weighed down by a firm dollar, while investors remained cautious ahead of an important Italian bond auction later in the day.
A shift in focus from eurozone worries to a bettering US economy helped Wall Street end higher by 2%. Jobless claims in the US dropped to a three and a half year low last week that lent to the cheer.
Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor nation deeper into the euro area danger zone and prompting Italian authorities to call emergency talks.