European Central Bank

The ECB warns of a further surge in borrowing costs for eurozone governments.

Pound climbs above €1.17 for the first time in two months as common currency endures worst run in its history.

Brent, WTI fail to extend recent gains while precious metal benchmarks head sideways after overnight declines.

Pound hits two-week high against euro before retreating, while dollar soars to six-year high against Chinese yuan.

Silver led precious metals lower after the ECB decided to hold interest rates, but hinted at further stimulus action in December.

Pound slides below €1.12 and $1.23 despite solid retail sales data for September.

Bank remains "committed" to preserving the very substantial degree of monetary accommodation, ECB President Mario Draghi says.

Tokyo's Nikkei 225 benchmark advances 0.6% to 16,839.59 points.

Dollar slides against the yen as investors remain jittery ahead of Federal Reserve and Bank of Japan's meetings.

ECB policymaker Jens Weidmann says it is too soon to determine whether Britain has weathered Brexit storm.

European Parliament President says rules are not clear enough but thinks Barroso's appointment is 'strange'.

Dollar gains sharply against the yen after Richmond Fed President makes strong case for September rate hike.

Oil prices move downwards after touching a two-week high.

Pound tumbles 0.8% against the euro as Mario Draghi unveils plans to extend quantitative easing programme.

President Mario Draghi expected to announce extension to quantitative easing programme past March 2017.

A Reuters poll showed that most analysts expect the ECB to keep interest rates unchanged.

Yen rallies over 2.5% against the dollar as Bank of Japan disappoints investors.

The ECB has said it will wait for at least another six weeks before deciding on the stimulus.

The ECB President played down fears over the impact of Brexit saying markets have been resilient.

US data-backed price support for the oil markets proven to be short-lived and precious metals also declined.

Euro holds steady against dollar after the ECB keeps monetary policy unchanged as expected

Brexit could limit amount of government bonds available for purchase to the ECB.

Regulators reportedly demanded updates from major banks' trading desks every six hours following the vote.

Jake van der Kamp lambasts the ECB and says the European project has not followed its own rules.

Europe to see deep shockwaves whichever way the vote goes says independent consultancy.

ECB and Bank of England would negotiate opening of lines to allow swapping of euros and sterling after vote.

Negative deposit rates have come under criticism by banks and investors, particularly in Germany.

European Central Bank leaves headline interest rate unchanged at 0.00% and deposit rate at -0.40%.

ECB widely expected to keep rates on hold but what will Mario Draghi say?

Edmund Shing explains why you should invest in UK banking group Lloyds.