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  • Global euro use stabilizing near historical lows

    9 Jun 2020 02:15 PM |

    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.

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  • German exports collapse in April as a result of Coronavirus

    9 Jun 2020 02:04 PM |

    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.

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  • China's exports rise strongly in May

    8 Jun 2020 01:52 PM |

    China's trade surplus rose to 443 billion yuan in May, better than forecast at 283 billion

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  • EU will propose €750 billion as response to Covid-19

    27 May 2020 01:29 PM |

    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.

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  • OPEC+ discusses keeping cuts until the end of 2020

    27 May 2020 12:28 PM |

    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.

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  • Russia intends to approve production cut extension

    27 May 2020 10:35 AM |

    According to reports, Russian Energy Minister Alexander Novak met with local oil producing companies

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  • European stocks begin trading higher after airlines plan to resume flights

    26 May 2020 11:23 AM |

    European stocks opened higher on Tuesday amid hopes for an economic recovery.

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  • BoJ launches its lending program at emergency meeting today

    22 May 2020 11:05 AM |

    The Bank of Japan (BoJ) has created its own version of the Fed’s lending program to channel more money to smaller companies in an effort to prevent the spread of the coronavirus from

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