London Stock Exchange FTSE
Britain's top share index slipped on Thursday after four straight days of gains, with airline stocks falling sharply after industry bellwethers easyJet and Lufthansa warned of slower bookings and a worsening outlook. Shares in easyJet  dropped 5 percent after the carrier said it could not predict the outcome for the...
Mario Draghi
The European Central Bank left interest rates unchanged as expected on Thursday, holding them at record lows as it seeks to revive growth and inflation with cheap credit to the economy. Following are highlights of ECB President Mario Draghi's comments at a post-policy meeting press conference. DROP IN BANKING SHARES "Bank equity...
Mario Draghi
The European Central Bank remained in the same 'wait-and-see' mode in July, despite rising worries related to the Brexit issue. Frankfurt - The European Central Bank (ECB) left its key interest rate intact at its meeting on Thursday despite the serious risks due to the Brexit decision, with the central...
Canadian Dollar
The Loonie has been consolidating in a fairly predictable manner over the past number of weeks, even with the upset caused by the UK referendum. Resistance around the 1.3129 mark has proven to be a fairly immovable obstacle and, likewise, the downside constraint of the consolidation pattern has remained unbroken....
Euro Currency

ECB increasingly trapped

Being the head of the ECB is not an enviable task at this present moment in time and this will probably be all too apparent at today’s meeting of the ECB Governing Council. There are no solid expectations for a chance in policy, with the impact of the measure announced...
European Central Bank
After years of extraordinary monetary policy measures, the ECB is again under pressure to take more actions as the central bank meet for the first time post-Brexit vote. Although Brexit remains the biggest risk threatening Eurozone’s recovery, there are more challenges to be addressed when the central bank meets later...
Oil Commodity
Singapore’s Straits Times Index rallied 26 points on Wednesday and closed 0.9% higher, marking a three-month high of 2,945 points. SingTel (+1.4%), Hong Kong land (+5.2%) and ThaiBev (+3.6%) were among the best performers. Hong Kong Land jumped 5.5% on Wednesday as Hong Kong’s property market is on track for improvement...
London Stock Exchange FTSE
European equities plunged on the fourth trading day of the week after a set of UK data disappointed, while the EBC policy meeting is ahead. London - The major European stock indices were traded lower after a set of the UK retail sales data on Thursday, ahead of the European...
Great British Pound Currency
Traders took profits from the recent rally amid disappointing UK figures and the pair declined to daily lows. London - According to the fresh release, UK retail sales for June decelerated to 4.3% year-on-year, from 6.0% scored in May. The monthly change dropped to -0.9%, down from 0.9% previously. Both...
Euro Dollar Currency
Traders are getting ready for today's ECB meeting and the euro should be volatile after the decision, even though no changes are expected to monetary policy. London - The single currency was trying to erase this week’s losses and so far remained resilient to a bigger downward movement. The EUR/USD...