In order to breath life into the flagging euro zone economy and fending off deflation, The European Central Bank is poised to announce a plan to buy government bonds, resorting to its last big policy tool. Market expectations are sky-high ...
According to the Wall Street journal, after 12 consecutive months of weak growth in the euro zone economy, it stagnated in the second quarter, highlights in the Eurozone has concerns about high unemployment and low inflation dilemma. ...
Tags: Eurozone Economy, Economy
According to reported that International credit rating agency Moody's recently announced the European prospects of the steel sector by the "negative" was increased to “stable", which is expected from next year. Meanwhile, the ...
Tags: Moody, raise, prospect, European, steel, sector, stable
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
The Australian dollar is slightly higher after it was taken on a roller coaster ride over the past 24 hours. The currency dropped yesterday afternoon to an almost three-year low of 94.35 US cents, but in offshore trade last night it ...
Tags: Dollar, US Economic Figures
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
Xinyi Glass Holdings (0868) is restarting efforts to spin off its solar glass business on the main board in Hong Kong. "The newly-listed entity would focus on research and development of solar glass and the construction of solar power ...
Tags: Solar Glass
At 1700 AEDT, the local currency was trading at 103.64 US cents, up from 103.50 cents on Thursday. Westpac chief currency strategist Robert Rennie said the Australian dollar traded in a narrow range on Friday but remained well supported. ...
The downturn in the euro zone manufacturing sector eased at the start of 2013, as rates of decline in production and new orders both slowed, according to the Markit Eurozone Manufacturing PMI report. Markit's Eurozone Manufacturing ...
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday