Tue Feb 2, 2016/Reuters By Lisa Twaronite Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data raised concerns about sluggish global economic growth. Spreadbetters predicted European bourses would follow Asia lower, with IG predicting Britain’s FTSE 100 .FTSE would start trading […]
Tag: Mario Draghi
ECB and Bank of England keep benchmark rates
The European Central Bank (ECB) today kept its benchmark interest rate unchanged at a record low following data suggesting that the economy in the single currency area maybe improving at last. Also Thursday, the Bank of England kept its monetary policy unchanged as seeks to produce new guidance on interest […]
ECB holds rates as economy perks up
The European Central Bank left interest rates at a record low 0.5 percent on Thursday following signs of a tentative recovery in the euro zone economy. Its president, Mario Draghi, is expected to emphasize the message that rates will stay at record lows for an extended period at the news […]
