ECB keeps its monetary policy unchanged

Note: This section contains information in English only.
Source: WBP Online
The European Central Bank decided Thursday to keep its interest rates at current or even lower levels and proceed with its current QE plan, until the inflation rate improves. Moreover, Mario Draghi, President of the ECB, highlighted economic slowdown in emerging markets, a relatively meagre public investment and the need for structural reforms.


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Thu, 21 Apr 2016 14:45:07 GMT

US jobless claims fall to lowest level since 1973

On Thursday, the Department of Labor released its fresh figures for the week ended April 16. The number of people who applied for unemployment benefits dropped to 247,000, reaching its lowest level since November 1973 and exceeding analysts' forecast of an increase to 263,000 from 253,000 filings registered in the previous seven days.

Wed, 20 Apr 2016 15:07:12 GMT

US crude oil inventories grow by 2.1m barrels

On Wednesday, the Energy Information Administration's weekly report revealed that crude oil inventories in the US increased by 2.1 million in the period ended April 15, following a 6.6 million surge seen in the previous seven days. The results exceeded analysts' forecasts for a 2.4 million barrels rise.

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