Euro rebounds, but still close to 11-year low

Note: This section contains information in English only.
Source: WBP Online
The Euro edged higher versus the US Dollar on Thursday, amid expectations of the ECB announcing QE. The European currency added 0.08% and settled at $1.1616, rebounding from a previous day's 11-year low. Rumour has it that the ECB is considering a programme for sovereign bond-buying of €50 billion per month, beginning from March and through 2016. However, the ECB Chief may avoid saying exactly for how long. The Euro is expected to continue moving south if inflation expectations keep rising.

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Thu, 22 Jan 2015 13:20:05 GMT

Oil trades below $50 amid US crude supplies

Crude traded below $48 a barrel for a third day in London as investors are waiting the ECB's decision to start a QE programme. Another depressing factor is an expectation the crude oil inventories will continue to expand. Brent dropped 1.1% and futures for March delivery was at $48.93 a barrel at 9:45 a.m. in London. Meanwhile, WTI for March

Thu, 22 Jan 2015 12:58:09 GMT

Europe stocks little changed as investors wait ECB conference

European stocks stayed almost the same, erasing earlier gains, on investor expectations of the ECB's announcement regarding the possible QE measures today. The Stoxx Europe 600 Index fell 0.1% to 357.69 as of 9:48 a.m. London time, and the benchmark gauge ended at its strongest point since January 2008 yesterday, as the ECB is expected to announce a QE programme.

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