• 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