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Will ECB Lend An Helping Hand To Base Metals

ECB Draghi fulfilled all the expectations by reducing the main benchmark rates to zero from 0.05%, increasing the size of asset purchase programme to 80 billion euros and timing of bond-buying programme to be extended until September 2017, reducing the deposit rates to -0.4% and the marginal lending rates to […]

ECB Failed To Surpass Market Expectation

European Central Bank in its monetary policy statement today kept the benchmark refinancing rates unchanged at 0.05% while lowered deposit rates to -0.3%. The central bank however, extended to keep the current asset purchase programme by another six months through March 2017 but failed to expand its size of monetary […]