Draghi prepares to boost ECB stimulus

Source: Bloomberg
Mario Draghi announced readiness to reinforce stimulus for the Euro zone, as he now has more support from the policy makers, who often disagree on the measures to prompt up growth in the region. The ECB president is working to expand the balance sheet of the bank, as cutting the interest rates, which are already at the record low level, is already not an option. Economists expect the new action to be communicated during the next month's meeting.
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Fri, 07 Nov 2014 12:43:04 GMT

US employment to improve

Even though the global unemployment rate is rising, the US employers hired new workers last months, showing signs of the economy's recovery. Economists expect the unemployment rate to stay at a six year low of 5.9%. Meanwhile, after 248,000 new jobs created in September, employers are believed to have added approximately 231,000 new ones last month.

Thu, 06 Nov 2014 13:36:04 GMT

German factory orders grew less than expected

Germany's growth may be slower in the second half of the year than the economists predict, as the factory orders rose less than the forecast of a 2.2% gain - there was only a 0.8% increase in September. Meanwhile, the European Commission has recently cut the growth forecasts for the Euro zone, and German economic challenges only intensify because of

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