(Reuters) - Banks will return 7.91 billion euros ($10.71 billion) of crisis loans early to the European Central Bank next week, the ECB said on Friday, driving the amount of excess liquidity down and closer to the threshold where market interest rates could rise.
By repaying the ECB's crisis funds early, banks also reduce the level of excess...
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Daily Market Review- 20th September 2013
Fundamental News
Today’s highlights:
• Core CPI (MoM) (Can; 13:30 GMT)
• FOMC Member Bullard Speaks (U.S; 17:55 GMT)
Sales of previously owned U.S. homes unexpectedly rose in August to the highest level in more than six years as buyers rushed to lock in interest rates before they increased further. Purchases climbed 1.7 percent to a 5.48 million annual...
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Gold-overview macro and mind the technical
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Oil futures slip as traders study Fed decision Easing Middle East supply concerns still weigh, analysts say
NEW YORK (MarketWatch) — Oil futures fell on Thursday with analysts attributing weakness to a closer read on the reasoning behind the Federal Reserve’s policy decision as well as pressure from easing Middle East supply concerns.
The dip comes a day after prices soared on a U.S. supply drop and the Fed’s surprise decision...