The European Central Bank has kept the main refinancing rate unchanged – at zero level. The deposit rate remained at the level of minus 0.4%. According to the economists, the program of buying bonds will end this year. Most of them still expect that the rate will rise only in the second quarter of 2019. However, some analysts began to note possible risks of postponing the tightening of the ECB monetary policy. They believe that any strong slowdown in the growth of the euro area economy in the future could lead to the fact that ECB will postpone the curtailment of the program of buying up assets for a later period.
Activity in the manufacturing sector of the UK increased at the slowest pace in 3 months in July17.01.2019
The share of OPEC in the global oil market fell to a historic low13.05.2019
Brazilian Vale recorded a loss in the first quarter03.04.2019
Producer prices in the euro area rose in February by 0.1%