…As Oil prices hit $56.39pbrrl Motolani Oseni There are clear indications that the ongoing Organisation of Petroleum Exporting Countries (OPEC)-led supply cuts unlikely to end earlier before June 2019, even as crude oil prices rose marginally yesterday. Although the increase in the oil
There was suspense in the air during Thursday’s trading session ahead of the European Central Bank policy meeting, says FXTM analyst, Lukman Otunuga. He said although markets widely expect the ECB to leave monetary policy unchanged in March, speculation remains elevated over the central bank dropping its “easing bias”, and notes that this move is […]
The President of the European Central Bank (ECB), Mario Draghi was attacked by a protester on Wednesday during the bank’s regular briefing for journalists in Frankfurt. Just minutes into his introductory statement, a women jumped onto his desk shouting “end ECB dictatorship!” She was dragged out of the room by security guards, but not before […]