Tag: markit composite pmi

Global Stocks Rally on ECB Stimulus Hopes, Rising Oil Prices

Global stocks ended the week on a firmer note, as investors cheered on higher oil prices and the possibility the European Central Bank (ECB)...

EUR/USD Surges as ECB Moves to Boost Euro Area Economy

The EUR/USD surged 200 pips on Thursday, recovering from eight-month lows after the European Central Bank (ECB) extended its stimulus program in an effort...

EUR/USD Edges Higher as Draghi Undecided on Further Stimulus

The EUR/USD rebounded Wednesday after three consecutive losses, as European Central Bank President Mario Draghi indicated the central bank would need more time before...

PMI Points to Rebounding US Economy

The US economy is regaining momentum at the end of the first quarter after a temporary slowdown, with business activity rising to its highest...
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