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  • Euro to Stay Buoyant on ECB Taper Talk

    12 Sep 2017 03:22 PM |

    Decisions on a balance sheet drawdown in the Eurozone to be brought forward

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  • The French economy is growing by 0.5% in Q2

    29 Aug 2017 01:24 PM |

    The French economy, the second largest economy in the euro area, grew in the second quarter of 2017, driven by foreign trade and consumer spending. GDP grew by 0.5% on a quarter-on-quarter basis, confirming a preliminary reading.

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  • Schaeuble: Greek debt reduction is not on our agenda right now

    29 Aug 2017 11:12 AM |

    Wolfgang Schaeuble, German Finance Minister, made the following statement:
    • The issue of Greek debt reduction is not on our agenda at all for now.

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  • US dollar came weak, driven by Trump's comments

    23 Aug 2017 10:07 AM |

    The volatility of the financial markets has increased over the past few weeks as a result of a number of events, including rising tensions in the Korean peninsula, particularly North Korea's threats, besides the turmoil in the White House and growing doubts about the US president's ability to pursue his economic agenda.

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  • Schaeuble : I don't agree with the German Court on ECB

    16 Aug 2017 10:27 AM |

    Wolfgang Schaeuble, German finance minister made the following statements:

    • I think that ECB is committed to its mandate.
    • I don't agree with the view of German Constitutional Court that ECB violates the monetary financing laws.

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  • Asia shares drop on Fed minutes, oil edges up after big drop

    6 Jul 2017 09:09 AM |

    By Reuters : Most Asian stock markets fell on Thursday after minutes from the Federal Reserve's last meeting showed a lack of consensus on the future pace of U.S. interest rate increases, while oil prices inched higher following a steep decline a day earlier.

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  • Weekly Wrap Up (26 – 30 June)

    30 Jun 2017 07:59 PM |

    This week witnessed a marked weakness for the US dollar against most of its rivals and investors turned to sell the dollar as many policy makers hinted to start a shift from the easing policy towards tightening policy to begin reducing the gap with US Federal Reserve policy. The dollar index has fallen to the lowest levels over 8 months at 95.20. On the other hand, the US economy grew by 1.4% in the first quarter of 2017.

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  • Daily Wrap Up – 29 June

    29 Jun 2017 05:42 PM |

    The economic calendar today has seen few important economic events, except the final reading data for GDP in the United States, where the economy grew by 1.4% in the first quarter on an annualized basis. Personal consumption figures were revised up to 1.1%, while investment growth was revised down slightly.

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  • Dollar upended by rates reversal, stocks unfazed for now

    29 Jun 2017 09:20 AM |

    By Reuters : The dollar shuddered to its lows for the year on Thursday as a drumbeat of hawkish comments from major central banks signaled the era of easy money might be coming to an end for more than just the United States.

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