Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
An ECB report today indicated that the global use of the euro was widely stable last year after a steady decline in the wake of the eurozone debt crisis. However, hopes for increased demand have not been fulfilled.
Data released today showed that German exports and imports fell in April, marking its largest decline since 1990 as the Coronavirus crisis reduced demand, adding to the bleak outlook for Europe's largest economy.
The European Commission will propose allocating €750 billion to the European Union economy to help it recover from the coronavirus crisis, German news agency DPA reported on Wednesday.
Citing sources, Russian news agency TASS reported today that the Organisation of Petroleum Exporting Countries (OPEC) and its allies (OPEC+) are seriously considering the possibility of retaining oil reductions after June until the end of 2020.
According to reports, Russian Energy Minister Alexander Novak met with local oil producing companies
European stocks opened higher on Tuesday amid hopes for an economic recovery.
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