The ECB Forum on Central Banks concluded today with discussions on investment and growth in developed economies. Mark Carney, the governor of the BOE, pushed the pound
By Reuters : Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocked lower by a slide in U.S. tech shares and caution ahead of this week's U.S. Federal Reserve policy meeting.
By Reuters : Sterling retreated on Thursday on fears that Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, while conflicting signals on the health of China's manufacturing sector kept most Asian stock markets in check.
By Reuters : Britain's pound recovered from a half a percent drop on Wednesday after a poll showed the country's ruling Conservative party still in the lead, overriding a previous projection of a hung parliament in elections next week.
By Reuters : Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement to extend cuts in crude production for a further nine months disappointed investors who had bet on bigger output cuts.
OPEC decided today to extend production cuts by an additional nine months until March of next year, as it tries to control the world supply following the collapse of oil prices and the decline in revenues over the past three years. The reduction is planned with 12 members from outside OPEC.
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