ECB leaves minimum bid rate untouched

Source: WBP Online
As it was expected, the European Central Bank did not change the minimum bid rate, keeping it at 0.15%. In the meantime, marginal lending facility rate was also unchanged at 0.4% and deposit facility rate at -0.1%.
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Thu, 07 Aug 2014 16:28:16 GMT

US unemployment claims drop

During the previous week less people filed applications for jobless benefits, causing July's average to fall to the lowest value in eight years. This means that the labour market keeps gaining momentum. Unemployment claims data revealed that 289,000 people filed for benefits, representing a decrease of 14,000 from the previous period.

Thu, 07 Aug 2014 16:17:13 GMT

Russia bans food imports from US, EU and others

Russia's President Vladimir Putin issued a ban on food imports on Wednesday from the countries that have recently imposed sanctions against Russia. With the EU being the country's largest importer of meat, dairy, fruit and vegetable products these probably will be banned even though the list remains in the works. Meanwhile, the Russian forces near the Ukraine border seem to

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