Top officials of the European Central Bank officials pondered on the threats of consumer price regression in the EU. This concern encouraged them to support a purchase program based on bonds bigger than the offers made by the back’s lead…

China obtained its biggest trade oversupply in January as imports dived on feeble demand and declining commodity prices. Imports declined 19.9 percent which is the most substantial drop in over five years. On the other hand, exports went down 3.3…

Oil recovered with benchmark Brent gaining significantly after two weeks. This is seen as the biggest gain after 17 years. The fall of oil rig counts as well as fighting in Libya helped halt the sell off. Prices have gone…

The finance minister of Greece argued with his counterpart in the Federal Republic of Germany as borrowing costs climbed and bank shares in the country dropped after the European Central Bank opted to discontinue funding from lenders. German Finance Minister…

The greenback recovered against its major counterparts after it incurred the worst single day loss in 12 months. This was boosted by the perceived long-term strength of the US dollar and slow movement of the Greek debt pact. Traders have…