Oil drops second day as IMF cuts global economy forecast

Note: This section contains information in English only.
Source: Bloomberg
Oil fell for a second day since the IMF downgraded its global economy growth forecast by the most in three years. Oil futures declined 1.3% in London after the biggest weekly drop. The global growth will add 3.5% in 2015, compared with 3.8% growth anticipated in October, the IMF informed in its quarterly report yesterday.
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Tue, 20 Jan 2015 12:22:06 GMT

IMF cuts global growth outlook by most in 3 years

The International Monetary Fund cut its global economic growth outlook the most in three years, with reduced anticipation almost everywhere, but the US, which expanded the drop in oil prices. The global economy will add only 3.5%, compared with anticipated 3.8% growth in 2015, the IMF reported yesterday. 

Tue, 20 Jan 2015 12:00:08 GMT

Europe stocks climb fourth day heading strongest point since 2008

European stocks gained for a fourth day, heading to their strongest level since 2008, on speculations the ECB will start QE program this week. The Stock Europe 600 Index advanced 0.5% to 355.03 as of 10:04 a.m. London time, and the equity benchmark rose 4.5% during the fourth day after the SNB's actions.

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