Dollar firms, stocks slip amid US stimulus doubts
Talks on US stimulus package continue but deal in doubt after [...]
Trading news
ECB must react calmly after Trump's election
The ECB should react calmly, following the volatility after Donald Trump's election as the next President in the U.S., Peter Praet, the European Cental Bank's executive board member, stated today.
ECB must act wisely on Trump's victory
Peter Praet told reporters that, should the ECB react without a plan to Trump's victory, this approach could have a negative impact on the euro zone's banking system and monetary policy.
Praet highlighted further that, the volatility should be closely watched for some days, and with patience to foresee the market reaction.
Moreover, the ECB must maintain its monetary support in its attempt to bring inflation back to target.
Read More
Wednesday, 09 Nov, 2016 / 10:37
Trading news
Up to the US Elections Results
The US economy has recovered modestly in the third quarter thanks to [...]
OIL dropped 2.5% after excess supply – US OIL Market Outlook – 22/10/2020
WTI Crude dropped by more than 2.50%, hitting our short entry support targets, [...]
