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11.05.2016 22:16

European Central Bank Governing Council member Ewald Nowotny: the exchange rate of the euro is not the target of the ECB’S stimulus measures

European Central Bank (ECB) Governing Council member Ewald Nowotny said in a speech on Wednesday that the exchange rate of the euro was not the target of the central bank's stimulus measures. He also said that helicopter money could not be implemented in the Europe, adding that was little more than a "fantasy discussion" in the Eurozone.

11.05.2016 22:22

Gold prices rose today

Market focus

  • UK gross domestic product (GDP) grew by 0.4% in the three months to October
  • In December, the sentix overall index for the economy in Euro Area falls for the 4th time in a row to -0.3
  • St. Louis Fed Chief James Bullard Suggests Fed Hold Rates Steady
  • Fed's Brainard: Gradual Rate Increases Still Appropriate 'In the Near Term'
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