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European Central Bank leaves interest rates unchanged

08/09/2016(0)
At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and ... Read More
An oil pump is seen in Lagunillas

Oil extends gains after big U.S. crude stock draw

08/09/2016(0)
Oil prices rose more than 1.5 percent on Thursday after U.S. industry data showed a large drawdown in crude stocks, reflecting the temporary impact of an Atlantic storm. U.S. ... Read More
unemployment_crisis

Euro area unemployment at 10.1%

08/09/2016(0)
Eurostat has issued a publication to inform regarding the unemployment rate in Euro area for July. The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in July 2016, stable ... Read More
asian trades

Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed

08/09/2016(0)
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull ... Read More
eurozone-ecb

What to Watch at the ECB’s Meeting

08/09/2016(0)
As Mario Draghi prepares to face the cameras on Thursday, analysts have rarely been so divided over what to expect from the European Central Bank president. In July, ECB officials signaled that ... Read More
gold

Gold sputters after hitting three-week high

07/09/2016(0)
Gold futures were trading little changed Wednesday after logging their highest settlement in nearly three weeks a day earlier as investors pared expectations for how aggressively the Federal Reserve ... Read More
car loan

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

07/09/2016(0)
Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders ... Read More
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ECB might deliver more QE but Fitch’s top economist says ‘don’t bother’

07/09/2016(0)
Expectations for further quantitative easing at upcoming European Central Bank and Bank of Japan meetings may be running high, but chances are central bankers will be wasting their time ... Read More
A pump jack used to help lift crude oil from a well in South Texas’ Eagle Ford Shale formation stands idle in Dewitt County Texas

Oil edges lower amid scepticism about output freeze

07/09/2016(0)
Oil prices inched lower on Wednesday as market participants remained skeptical that producers will reach an agreement to freeze output to rein in a global supply glut. London Brent ... Read More
japan_stocks

Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall

07/09/2016(0)
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index ... Read More
Broker Cyprus TopFX