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25 September, 2017
US stocks have slightly weakened. After New Zealand election Kiwi dropped around 1% versus the greenback...
DAX has lifted 0.22%. At this point, it’s trading at 12,619.00. German Ifo Business Climate fell to the 3-month minimum of 115.2. Today, Mario Draghi will deliver a speech before the European Parliament Economic and Monetary Affairs Committee. Tomorrow, Germany will feature Import Prices...
The euro started the week with a decline. The euro/dollar pair fell by 0.52% and is trading at 1.1885. The euro fell after the results of the parliamentary elections in Germany and further weakened today after disappointing data on the German Ifo business climate index for September...
On Friday, members of the Organization of Oil Producing Countries and also countries that didn’t join the Organization had a meeting in Vienna. They discussed the oil output cut agreement. The question about the extension of the cut wasn’t raised...
The victory of Angela Merkel in the federal elections in Germany contributed to the growth of the US dollar against the major currencies, at the same time, the prices for safe assets, particularly gold, declined...
The victory in the parliamentary elections in Germany was won by a conservative bloc comprising the Christian Social Union and the Christian Democratic Union, whose electoral list is headed by Chancellor Angela Merkel. As the party of Merkel remains the largest, she, undoubtedly, will be the Chancellor for the fourth term...
22 September, 2017
British government started mulling the idea of paying EUR 20B in order to maintain an approach to the single market after the Brexit procedure is over...
Elections in Germany will be held this weekend. Analysts believe in the leadership of Merkel’s party. Angela Merkel could become head of the German government for another four years. The conservative bloc, headed by her, is supported by 37% of voters...
21 September, 2017
The greenback has broadly risen versus the yen. It was caused by a positive outcome of yesterday’s Fed meeting. Members declared they would start lowering the balance sheet next month. Policy rate remained at 1-1.25%...
The US dollar is recovering after the US Federal Reserve supported its forecast on interest rates yesterday. Investors assumed that the Fed could reduce interest rates, given the low level of inflation and recent comments from the Fed...
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