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ECB To Raise Rates Again And Face Questions About Future Path 0
- Economy
- February 2, 2023
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be. The ECB has been increasing rates at a record pace to fight a sudden bout of high inflation in the euro
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ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says 0
- Uncategorized
- March 15, 2023
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation will remain too high in coming years, a source told Reuters. Investors had begun to doubt the ECB’s commitment to another big rate hike this week after the collapse of Silicon
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ECB Booster Shot Drives European Markets Higher 0
- Stock Market
- June 5, 2020
By Administrator_India Capital Sands European stock markets pushed higher Friday, helped by more support from the European Central Bank which has boosted hopes of a relatively speedy recovery in the region. At 3:55 AM ET (0705 GMT), the DAX in Germany traded 2.3% higher, France’s CAC 40 rose 2.4%, while the U.K.’s FTSE index was up 1.3%. These indexes have posted
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Early trade saw oil prices rise on expectations of a revival in Chinese demand 0
- Market
- May 18, 2022
In early Asian trade on Wednesday, oil prices jumped more than $1 a barrel on optimism of a revival in demand in China as the country gradually eases some of its harsh COVID-19 containment restrictions. At 0042 GMT, Brent crude futures were up $1.15, or 1.0 percent, at $113.08 a barrel, while West Texas Intermediate
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Due to a rainstorm in Delhi, at least 140 flights have been cancelled thus far 0
- Business
- May 23, 2022
According to authorities, heavy rain in Delhi and thunderstorms over the airport region have caused at least 140 aircraft to be delayed as of this morning. Over 140 flights have been delayed, with 90 at departure terminals and 44 at arrivals. According to sources, out of the 140 planes whose operations have been impacted thus
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Dubai 22K gold price touches Dh200 a gram for first time in nine years 0
- Business, Covid19, Economy, Gold
- May 18, 2020
Dubai: The official gold rate in Dubai has touched Dh200 a gram for the first time in nine years. Anyone buying gold now – few are – will also have to fork out an additional 5 per cent on that. “Gold’s turning super-hot – for consumers and retailers,” said a trader. “At these levels, it’s
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