U.S. Senate and House negotiators face a Dec. 13 deadline to reach a compromise on a proposed budget.
European Central Bank President Mario Draghi re-affirmed that interest rates will stay low for the foreseeable future, after officials cut their inflation forecast for next year.
The European Central Bank kept its benchmark rate unchanged at a record low after policy makers assessed new economic forecasts.
Mario Draghi will probably hint at the likelihood of more policy action as he unveils economic forecasts for the euro area.
Here are links to morning reading.
European Central Bank Vice President Vitor Constancio said the region could see a wave of bank mergers as the presence of the Single Supervisory Mechanism prompts deeper integration.
U.S. employers probably added fewer workers to payrolls in November than the 204,000 the previous month, data in the coming week may show, as businesses tempered their outlook for sales growth.
Regulators outnumber bankers at Frankfurt’s biggest finance conference this week, underlining their importance as the European Central Bank prepares to scrutinize the books of the euro area’s largest lenders.
Bank executives traveled to Frankfurt for a first meeting with European Central Bank President Mario Draghi on the ECB’s review of lenders’ assets.
European Central Bank Vice President Vitor Constancio will take charge of selecting the head of Europe’s upcoming common bank supervisory board.
"The situation of the European banks is better than market perceptions."
- Vitor Constancio on Oct 02, 2013