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The number of Americans filing for new unemployment benefits stabilized at high levels last week, reinforcing views that the job market is stabilizing on a more gradual path to recovery from the COVID-19 pandemic. The US Labor Department said that the total of new applications for unemployment benefits, adjusted in …

Following the European Central Bank’s (ECB) decision to keep its key rates and €1,350 of (PEPP) unchanged, Christine Lagarde, President of the ECB, is delivering her remarks on the monetary policy outlook in a press conference. “ECB sees 2020 GDP at -8.0% (vs -8.7% seen in June).”“ECB sees 2021 GDP growth at 5% …

Following the European Central Bank’s (ECB) decision to keep its key rates and €1,350 of (PEPP) unchanged, Christine Lagarde, President of the ECB, is delivering her remarks on the monetary policy outlook in a press conference. “Rebound broadly in line with previous expectations.”“Level of activity well below pre-COVID levels.”“Strength of …

Following the European Central Bank’s (ECB) decision to keep its key rates and €1,350 of (PEPP) unchanged, Christine Lagarde, President of the ECB, is delivering her remarks on the monetary policy outlook in a press conference. “In the near term, price pressures to remain subdued.”“Euro appreciation to contribute to subdued …

The European Central Bank’s (ECB) Governing Council has reportedly agreed that there is no need to overreact to euro gains. To be updated…

At its monetary policy meeting held on September10th, the Governing Council of the European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as expected. …

Job openings in the United States increased by 617,000 to 6.6 million by the end of July, data by the US Department of Labor showed on Wednesday, Reuters reported. The Department of Labor monthly Job Openings and Labor Turnover Survey (JOLTS) showed that job opportunities remained below 7 million, its …

The Bank of Canada announced on Wednesday that it has decided to maintain its key interest rate unchanged at 0.25%.

Morgan Stanley said in a note on Wednesday that he expects Brent crude prices to rise to $ 50 a barrel by the second half of 2021, supported by a weakening dollar and increasing inflation. “Unprecedented expansion of monetary aggregates has weakened the US dollar and put upward pressure on …

The Eurozone economy contracted slightly below initial expectations in the Q2, but the decline remains the largest ever with the collapse in consumer demand due to COVID-19 restrictions. GDP fell 11.8% compared to the previous quarter, and by 14.7% year-on-year, according to data from the European Statistics Office Eurostat on …