The minutes of the ECB's June meeting revealed differences in views on rate cuts. Earlier, the head of the regulator, Christine Lagarde, said that only one member of the council opposed the reduction of interest rates last week – the governor of the Central Bank of Austria, Robert Holzman. However, the published document showed that not all council members agreed with the ECB's recent decision to cut the rate.They believed that wage growth and steady inflation did not require a change in rates. ... Více
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Více
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Více
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Více
The economic sentiment for Germany remained constant for this month as it was supported by a... Více
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Více
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Více
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Více
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Více
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Více
The market was left in a state of general confusion after the European Central Bank publicized its... Více
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Více
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