Germany's central bank said on Monday the country's economy has moved out of its soft patch at a much faster pace than previously expected aided by a weaker euro, leading to an improved outlook for Europe’s largest economy, The Wall Street Journal reports...
Events
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16 February 2015, 16:34 #economy news
Recent Guardian/ICM opinion poll has put the Tories four points ahead of Labour, though the poll came after the week that saw them under pressure over wealthy donors and HSBC revelations...
Events
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16 February 2015, 15:53
On Monday U.S. natural gas prices edged higher, amid expectations cooler weather in the next ten days will result in bigger demand for the heating fuel...
Market News
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16 February 2015, 15:27 #crude oil
Oil rose on Monday to approach $62 a barrel, as concerns over the escalating conflict with Islamic State militants in Libya spurred predictions for lower supply levels in the second half of the year...
Crude Oil
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16 February 2015, 14:51 #Brent, crude oil
On Monday global shares reached their highest since September and the euro firmed, as investors kept their cautious optimism hoping euro zone finance ministers would reach a deal on Greece's bailout program. The meeting of euro zone finance ministers is due to begin at 1400 GMT...
Market News
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16 February 2015, 13:46 #dax, EUR/USD
As a crucial meeting of euro zone finance ministers approaches, debt-laden Greece and Germany stick to opposite lines on the future of an unpopular international bailout for Athens. However, France called for compromise, says Reuters...
Events
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16 February 2015, 13:00
As the uncertainty surrounding the outcome of the Eurogroup meeting grows, gold is struggling to extend gains...
Metals
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16 February 2015, 12:10 #metals, gold
Later on Monday, European finance ministers will meet in Brussels amid increasing doubts whether a deal over Greece's debt problems can be reached...
Events
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16 February 2015, 11:42 #IMF
The third largest economy came out of recession in the last quarter of 2014, however, the growth is still seen vulnerable. Japan's weaker than expected growth comes despite a series of stimulus measures by the government. Markets, however, reacted positively to the news...
Events
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16 February 2015, 10:56 #economy news
George Osborne is being pressured over the HSBC scandal, says the Guardian. Vince Cable's series of questions over whether he has demonstrated proper vigilance towards inquiries into the bank’s Swiss subsidiaries put British chancellor under the pressure...
Events
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16 February 2015, 10:03