Draghi: ECB to act in all Eurozone's members interests

Source: RTT News
According to the announcement made by the European Central Bank's President Mario Draghi, the regulator should act in line with interests of all countries that are members of the Eurozone. Moreover, he said that in the long-term very low interest rates may threaten financial stability of the Eurozone, however, at the moment they need to be low due to weak economic growth in the region.
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Fri, 22 Nov 2013 13:44:04 GMT

BOJ monthly report, Japan net exports to see moderate rise

In their most recent report, which came out this Friday at 5:00am GMT, the Bank of Japan stated that it expects its net exports to "increase moderately with some fluctuations". This is backed up by the BOJ's belief of the continuation of an upward trend in industrial production. Overall, the BOJ sees the Japan economy in a state of moderate

Fri, 22 Nov 2013 11:27:05 GMT

Italian retail sales retreat unexpectedly

Retail sales in Italy dropped unexpectedly in September of this year, as the decline reached 0.3% on a monthly basis. At the same time, economists forecasted them to add 0.4% after staying flat in August. On the annual basis Italian retail sales lost as much as 2.8%. Economists point out that it was the largest retail sales' drop in eight

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