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Author Archives: Top News Editor

Dovish Draghi’s Cautious Move To QE Exit

The European Central Bank announced on Thursday that it will trim its massive stimulus from January, but will continue them for nine months, while a dovish Mario Draghi refused to call the move “tapering” and signaled room for a reversal ...

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U.S. Weekly Jobless Claims Rebound To 233,000

After reporting first-time claims for U.S. unemployment benefits at their lowest level in over forty years in the previous week, the Labor Department released a report on Thursday showing a modest rebound in initial jobless claims in the week ended ...

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ECB Unveils “Lower For Longer” Taper Plan

The European Central Bank sprung no surprises on Thursday as it announced that it will reduce the size of its asset purchases at the start of next year, while extended them for nine months, the “lower for longer” style of ...

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South Korea GDP Climbs 1.4% In Q3

South Korea’s gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the third quarter of 2017, the Bank of Korea said on Thursday. Read Full Story

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ECB’s Draghi To Unveil ‘Lower For Longer’ Tapering

Everyone is waiting with bated breath for the conclusion of the European Central Bank’s policy session on Thursday following which the bank’s chief Mario Draghi is expected to announce a gradual reduction in the massive monetary stimulus as the euro ...

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