• Mixed signals ahead of ECB meeting

    Mixed signals in the Eurozone economy fuel the debate whether the current pickup in inflation and the decrease the unemployment is sufficient proof for the upcoming ECB stance.

  • European Central Bank revitalises the economy

    ECB extends the period for recovery, stocks and Dollar are up, Euro is down.

  • Iraq refuses the oil treaty

    ECB head Draghi noted that the timid inflation pace may force the bank to extend the QE. The Dollar resumes gains, as Oil stays near a three-week high thank to undecided OPEC.

  • Saudi Arabia opens up for global investments

    Saudi Arabia opens up for global investments with the new bond offering , as the stocks are mixed ahead of ECB.

  • The gold standards drop making the dollar gain profit

    The price of the bullion cut through the $1300 support level falling to a pre-Brexit as the Dollar gains strength ahead of the Non-Farm Payrolls.

  • Low dollar brings high Gold prices

    The weak US dollar usually supports gold as it boosts the metal’s appeal as an alternative asset and decreases prices of dollar-denominated commodities for holders of other currencies. Same happened today!

  • BoE keeps rates unchanged and sparks concerns

    The borrowing costs remained at their historically low level at 0.25%

  • BoJ has sent the rate below zero increasing the hunger for risky assets

    Bank of Japan’s decision to cut the interest rate was quite surprising for markets