Market News

Nov
27
“The German Economy…”

Germany’s Gross domestic product grew by a record 8.5% in the third quarter as Europe’s largest economy is partly recovering from an unprecedented plunge caused by the first wave of the COVID-19 pandemic in spring, said the statistics office on Tuesday.

Nov
20
“Christine Lagarde calls for unlocking EU Aid…”

European Central Bank President called on European leaders on Thursday to unlock aid for a region that is facing damages from the second wave of the coronavirus pandemic.

Nov
13
“Christine Lagarde at the ECB Annual Symposium…”

Christine Lagarde kicked off the ECB’s annual symposium held virtually at which the world’s top central bankers were due to discuss why monetary policy is not working as it used to and what role they might play.

Nov
6
“Election in the US…”

The world in the past week focused on the election in the US between Republican Donald Trump and Democratic presidential candidate Joe Biden.

Oct
30
“ECB Meeting …”

The European Central Bank left policy unchanged on Thursday resisting the pressure to unveil more stimulus amid a resurgence of coronavirus cases but provided a clear hint of fresh easing at its next meeting in December.

Oct
23
“European Union – Bonds for Sale…”

The European Union’s first sale of bonds to finance its SURE unemployment scheme drew record demand of over 233 billion euros ($176.7 billion), lead managers said, kicking off EU fundraising plans that will in time make it one of Europe’s biggest borrowers.

Oct
16
“Brexit – Deal or No Deal?…”

At what was supposed to be the “Brexit summit” on Thursday, the EU delivered an ultimatum: it said it was concerned by a lack of progress and called on London to make concessions or brace for a messy Brexit on Dec. 31.

Oct
9
“Market Wrap…”

European shares closed at a two-week high on Monday on positive updates on US President Donald Trump’s health and as a debate about US stimulus package lifted investors’ spirits.

Oct
2
“EU launches Legal Case Against the UK Over Internal Market Bill…”

On Thursday the European Union launched legal action against Britain’s new Internal Market Bill on the grounds that it undercuts London’s earlier legal commitments under the Brexit divorce treaty, according to the head of bloc’s executive.

Sep
25
“Eurozone Business Growth…”

Eurozone business growth ground to a halt this month amid a renewed downturn for the service industry impacted by a resurgence in the coronavirus cases that pushed governments to reintroduce restrictions and citizens to stay at home according to a survey.

Sep
18
“Federal Reserve Meeting…”

As the Federal Reserve met for its two-day meeting global markets shifted their attention for clues on the monetary policy outlook after the world’s largest economy adopted a more accommodative approach to inflation.

Sep
11
“ECB keeps Policy Unchanged…”

The European Central Bank (ECB) kept the policy unchanged on Thursday. With this decision the ECB’s benchmark deposit rate remains at minus 0.5 percent while the main rate remains at 0 percent.

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