Weidmann: ECB's policy still appropriate, but exit could be considered

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Source: Dukascopy Bank SA
Jens Weidmann, a German representative on the ECB's Governing Council, explained on Monday that Europe's lax monetary stimulus remains appropriate, but an exit could be considered.
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Mon, 29 May 2017 18:54:41 GMT

Creditors are required to reach deal in June, says Greek finance minister

The Greek Finance Minister Euclid Tsakalotos said on Monday that international creditors must reach a debt relief deal in June to help the country return to financial markets.

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Oil trades higher on Monday

Oil prices rebounded slightly on Monday, recovering some ground after the plunge last week. The market, however, remained cautious in response to increased US drilling activity.

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