Category: Features

Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the 1990-1991 Gulf crisis.

The ECB cut its deposit rate by 10 basis points to a record low of -0.5%, promised that rates would stay low for longer. ECB monetary easing package was much expected.

The euro dipped but most investors just observe ahead of a key European Central Bank meeting on Thursday.  ECB monetary easing package is much expected.

The Japanese yen held at a five-week low versus the greenback on Tuesday as investors cut bets on economic gloom.

The euro stayed on the back foot on Monday, as investors eye the key ECB meeting expecting a new wave of monetary stimulus on Thursday.