Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
inflation should stabilize and then gradually move back up over time closer to our symmetric 2 percent objective
European Central Bank |
The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion.
Reserve Bank of Australia |
Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.
Bloomberg |
The stronger-than-forecast May U.S. jobs report and weekend agreement by OPEC+ to a one-month extension of its record output cuts may add to the optimism about the prospects for a global economic recovery, underpinning risk assets.
Bloomberg |
Amin to supply Shell-invested Petroleum Development Oman
That is the sixth consecutive week of gains and a 54% jump since early April.
Reuters |
businesses returning to work and a 750 billion euro EU stimulus plan outweighed rising U.S.-China tensions.
Current Economic Situation and Outlook; The Federal Reserve will continue to act forcefully, proactively, and aggressively as we deploy our toolkit
OilPrice |
Product of Saudi slashing its official selling prices (OSPs) for April crude sales to some of the lowest levels in decades, undercutting its rivals, and exactly the same happened again for May crude sales