Money Market Report for week ending 12 December
Thursday, 18 December 2014, 10:36
Last update: about 13 years ago
ECB Monetary Operations On Monday, 8 December, the European Central Bank (ECB) announced its weekly main refinancing operation (MRO). The auction was conducted on Tuesday, 9 December and...
European stocks rally; European stocks trade Higher
Wednesday, 17 December 2014, 10:35
Last update: about 13 years ago
Market swings are expected to persist in the following weeks after yesterday’s mixed trading saw European indices rise significantly yesterday after a difficult seven day selloff. The...
Russian ruble down sharply despite rate hike
Tuesday, 16 December 2014, 14:28
Last update: about 13 years ago
Associated Press
The Russian ruble has regained some ground after declining by a whopping 20 percent earlier Tuesday. The ruble extended Monday's collapse — when it declined by 10 percent — despite...
Data laden day as Russia raises rate to 17.0%
Tuesday, 16 December 2014, 14:24
Last update: about 13 years ago
Uncharacteristically for this time of year, when markets usually tend to smoothen up and lighten up in terms of activity, volatility is creeping upwards once again, all for the wrong reasons, as,...
European Union promises Greece 'lighter surveillance'
Tuesday, 16 December 2014, 13:41
Last update: about 13 years ago
Associated Press
The European Commission says Greece is on course to end a draconian bailout program in February and switch to "much lighter surveillance" despite delays concluding negotiations with rescue...
Timing an entry back into the markets
Monday, 15 December 2014, 10:24
Last update: about 13 years ago
The headlines say that markets are trading lower due to a continued decline in the price of oil which is leading to concerns that global growth is slowing down. However, I believe it is more a result...
US retail data confirms hopes that lower oil can boost consumption
Friday, 12 December 2014, 09:19
Last update: about 13 years ago
The European Central Bank (ECB) withstood yesterday another test as the second TLTRO (Targeted Long Term Refinancing Operations) auction concluded with a take-up of EUR130 billion, a result that was...
Price of oil closes below $60, first time since July 2009
Thursday, 11 December 2014, 21:20
Last update: about 13 years ago
Associated Press
The price of oil fell below $60 for the first time since July 2009 on Thursday and ended trading in New York at $59.95. Benchmark U.S. crude oil dropped 99 cents, or 1.6 percent. Oil has fallen...