The EUR/USD pair is stable, despite the fact that the Dollar is falling against other currencies ahead of the Septembers consumer inflation data. What has pushed Dollar in the right direction has been the unemployment benefits data.
Brazilian Minister of Energy said that the country is ready to participate in the Oil market fight and push production to the limit, as long as the demand structure for energy still consists mostly of Oil products
Will the ECB Minutes solve the Euro´s controversy?
The world indices are descending from record highs, while the European investors are tensely waiting for the ECB meeting protocol to get more information about the regulator’s intentions to curtail the monetary stimulus.
The US rating agency S&P has improved it´s forecast for the Chinese economy, despite a drop in the credit rating in September. According to the report, the growth of the national debt will decrease over the next five years.