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ECB leaves the interest rates unchanged; better than expected retail sales readings from...

Jun 15 • 30 Views • No Comments

On Thursday, investors were closely monitoring the European Central Bank’s decision regarding the interest rates, and as expected, they remained on hold, however bond-purchasing stimulus program wind up can be expected towards the end of the year. It is...
Unexpected drop in UK factory output and economic growth continues to remain weak

Jun 12 • 43 Views • No Comments

On Monday we have witnessed a surprising drop in the UK’s manufacturing output that fell 1.4% in April, with the consensus expecting a gain of 0.3%. In addition, the industrial production fell by 0.8% in April, whereas in March we have seen a gain of 0.1%....
G7 meeting commenced with Trumps’ threats on trade; official response comes from France...

Jun 11 • 51 Views • No Comments

The G7 meetings started on Friday the 8th of June with a note from the US President Trump regarding the threat of trade war. As per Bloomberg, Trump has posted several tweets, stating that he is looking forward for the talks and resolving the long time unfair...
US unemployment claims drop; Euro zone growth slowed amid trade war fears

Jun 8 • 61 Views • No Comments

On Thursday we have witnessed a fall of US jobless weekly claims, which suggest a further tightening in labor market conditions. The number of Americans that filed for unemployment benefits fell by 1,000 last week, which was more than expected. The numbers...

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