Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.01.2015 09:15

Press Review: ECB’s Quantitative Easing Program Is Open-Ended, Visco Says

BLOOMBERG

ECB's Quantitative Easing Program Is Open-Ended, Visco Says

The European Central Bank's asset-purchase program will continue past September 2016 if it hasn't met its inflation objectives by then, Governing Council member Ignazio Visco said.

"We are open-ended," Visco said on Friday in an interview with Bloomberg Television's Francine Lacqua and Guy Johnson at the World Economic Forum in Davos, Switzerland. "If we see that there are difficulties in achieving this target that we have, we have to continue."

ECB President Mario Draghi pledged on Thursday to buy 60 billion euros ($68 billion) a month of assets including government bonds through September 2016, adding that buying will "in any case be conducted until we see a sustained adjustment in the path of inflation." The quantitative-easing package is designed to stave off a deflationary spiral in the 19-nation currency bloc by flooding the region with liquidity and pushing investors into riskier assets.

Source: http://www.bloomberg.com/news/2015-01-23/ecb-s-quantitative-easing-program-is-open-ended-visco-says.html

REUTERS


Swedish central bank should consider weakening currency: Borg

(Reuters) - Sweden's central bank should consider steps to weaken the crown to keep the economy competitive after the European Central Bank launched substantial bond-buying on Thursday, former finance minister Anders Borg told Reuters.

Borg, in government until last year and now chair of the Global Financial System Initiative at the World Economic Forum, said the currency was arguably too strong for the good of the economyand the Riksbank had tools to act.

Source: http://www.reuters.com/article/2015/01/22/us-sweden-currency-borg-idUSKBN0KV2A420150122

BLOOMBERG

Oil Climbs as Saudi King's Death Spurs Policy Speculation

Oil rose after the death of King Abdullah of Saudi Arabia, the biggest producer in the Organization of Petroleum Exporting Countries.

Futures rallied as much as 3.1 percent inNew York and 2.6 percent in London after the Saudi royal court announced the death in a statement. Crown Prince Salman bin Abdulaziz will succeed Abdullah on the throne. The kingdom, the world's largest crude exporter, led OPEC's decision to maintain its oil-production quota at a meeting in November, exacerbating a global glut that's driven prices lower.

Source: http://www.bloomberg.com/news/2015-01-22/oil-surges-after-saudi-media-reports-king-abdullah-s-death.html

Market Focus

  • US nonfarm payrolls rise more than expected in July
  • Canada’s merchandise trade deficit widens in June
  • Canada unemployment rate falls to lowest level since October 2008
  • Canada Ivey PMI falls less than expected in July
August 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
21
22
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page