European leaders ask Central Bank for help

Note: This section contains information in English only.
Source: Blooomberg
EU leaders required an aid from ECB officials to strengthen attempts in mitigating markets and forcing the currency bloc`s unification. ECB based in Frankfurt is likely to respond on July 5, implementing series of necessary actions including purchasing bailout program bonds. Economists predict the Central Bank to decrease its benchmark interest rate by 25 basis points.
Back to articles

Actual Topics

Mon, 02 Jul 2012 13:00:37 GMT

Decrease in oil prices followed by Ruble depreciation

The Russian Ruble depreciated by 0.4% against the US Dollar on 02.06.2012 in Moscow. Total Ruble loss for this year is 1.3% and  it is currently trading at 32.5650 RUB per USD. Such fall may be attributed to a decrease in oil price, which currently is 83.88 USD per barrel in New York, and slowdown of Russian manufacturing growth. However,

Mon, 02 Jul 2012 12:39:32 GMT

June manufacturing index stays steady at 45.1

Manufacturing PMI of Eurozone remained unchanged at 45.1 in June compared with previous month. Manufacturing activity in region has been fluctuating below 50 almost for a year indicating persisting slowdown in the economy.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.