Market Updates

Jun
11
“European Central Bank Meeting…”

The European Central Bank (ECB) continued with its flow of stimulus as was expected on Thursday, as any retreat would accelerate the rise in borrowing costs and prevent the potential recovery.

Jun
4
“Oil…”

On Tuesday the OPEC+ oil producers agreed to stick to the existing pace of gradually easing supply curbs through July, as they seek to balance expectations of a recovery in demand against a possible increase in Iranian supply

May
28
“The German Economy…”

The German economy shrank more than expected in the first quarter as the coronavirus related restrictions motivated households to put more money than ever into savings, showed data on Tuesday.

May
21
“Bitcoin…”

Bitcoin tumbled below the $40,000 mark on Wednesday hitting a 3.5 month low. It dragged down with it other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies.

May
14
“Global Renewable Energy…”

Renewable energy grew at its fastest pace in the last two decades, 2020 was led by China and shall continue to grow in the next two years, showed a report by the International Energy Agency (IEA) on Tuesday.

May
7
“Bank of England slows Bond Buying…”

The Bank of England (BOE) slowed the pace of its trillion Dollar stimulus program and is expecting a faster recovery but still stressed about tightening the monetary policy.

Apr
30
“US President to push Trillions in Investments…”

US President Joe Biden proposed a $1.8 trillion package for families and education in his first joint speech to Congress on Wednesday. He stressed the need to invest to compete…

Apr
23
“The European Union and the European Central Bank…”

German Constitutional court decided to dismiss legal challenges against the European Union’s recovery plan, which helps with the stimulus being rolled out across the region. In late March, the highest court in Germany had a number of questions with regards to the EU’s plan to raise €750 billion through financial markets.

Apr
16
“Coinbase and Cryptocurrencies…”

Bitcoin has been increasing in price to reach record highs, in anticipation to Wednesday’s IPO of crypto exchange Coinbase

Apr
8
“Germany’s Deficit Highest in 30 years…”

Germany’s public sector deficit reached €189.2 billion in 2020 due to the coronavirus pandemic. This was the first deficit since 2013 and the highest budget shortfall since the German reunification three decades ago, according to the Statistics Office.

Mar
30
“Ever Given, Oil and Political Instability…”

Early last week Ever Given, a 400-meter-long vessel leased by Evergreen Line had become jammed diagonally across the southern section of the Suez Canal, due to high winds.

Mar
26
“Eurozone Business Activity…”

Eurozone business activity unexpectedly grew this month according to a preliminary survey despite most of Europe is suffering from a third wave of coronavirus infections and renewed lockdown measures.

Timberland Finance,
Aragon House Business Centre,
Dragonara Road,
St Julian’s, STJ 3140,
Malta