ECB President Mario Draghi told a press conference that the rate cut was among”a combination of measures to provide additional monetary policy accommodation and to support lending to the real economy.
The private sector of the United States added the fewest jobs in four months in May, said a private survey released Wednesday.
British services sector purchasing managers’ index (PMI) declined slightly to 58.6 in May from 58.7 in April, but exceeded market estimates of 58.2, figures from Markit showed Wednesday.
Swedish Central Bank said on Wednesday that household indebtedness is currently the greatest domestic risk in Sweden.
European Commission President Jose Manuel Barroso speaks at a press briefing ahead of the G7 Summit, at the EU Council headquarters in Brussels of Belgium, June 4, 2014. The Brussels G7 Summit will discuss the situation in Ukraine and the relations with Russia as well as the global economy.
World Bank President Jim Yong Kim said here on Wednesday that the aid from international community to Jordan to deal with the influx of Syrian refugees is disappointing, after he visited the Zaatari camp for Syrian refugees.
The most active gold contract for August delivery fell 0.2 U. Job report is weaker than expected,gold prices may bounce back to the 1250 dollars to 1300 dollars range e.
Economic contraction in crisis-stricken Cyprus slowed down in the first quarter of 2014, according to data released by the Cyprus Statistical Service on Wednesday.
The Nikkei stock index ended 0.08 percent higher Thursday bolstered by brisk U.S. trade data released overnight.
U.S. non-manufacturing sector continued to expand in May, rising to the highest level since August 2013, a widely recognized U.S. private survey showed Wednesday.