Tag Archives: European Central Bank

Euro gains a day after central banks agreement; Aussie dollar drops

The euro gained against both the U.S. dollar and Japanese Yen on Thursday after a move by central banks on Wednesday to ease lending to banks and increase the flow of the dollar eased strains on the global market .…

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Markets rally, oil prices top $100 a barrel

A decision to make it easier for banks to lend money to keep the economy growing by the Federal Reserve along with the European Central Bank, the Bank of England and central banks from Canada, Japan and Switzerland led to …

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What’s up ING Group, Cemex and Salesforce.com?

In this report: ING Group (NYSE:ING), Cemex (NYSE:CX) and Salesforce.com (NYSE:CRM).

ING Group (NYSE:ING)  shot up by more than 12 percent today after it was reported that the European Central Bank is considering providing banks with longer term loans. The …

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Copper lower on China and Europe economic concerns

Copper Futures have have suffered their largest drop in a week on concern that demand for the industrial metal will fall as the global economy slows downs, Chinese exports drop and Europe’s debt mess deepens.

According to economist estimates Chinese …

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Oil gains on better than expected labor report

Oil rose again today to put it over the $83 a barrel mark as a better than expected report was released on U.S. job growth which helped in easing concerns that the economy is slowing down. Oil has rallied by …

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Gold drops as Euro zone takes steps to contain spread of debt crisis

Gold feel by more than 2.2 percent today to mark the fifth time in six sessions that the precious metal has dropped. The latest selloff comes ahead of a meeting between a group of experts from the European Commission, European …

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