Germany’s IFO: Economy likely to shrink by 6.6% this year

Germany’s highly influential institute IFO is out with its view on the economic outlook, noting that the economy likely to shrink by 6.6% this year.

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May 28, 2020

EU’s Gentiloni: Italy should now spend EU money for recovery but should keep debt under control

Italy should now spend the EU money for recovery but in mid-term should keep debt under control to not end up in difficulty later, said the European U

Crude Oil Futures: Extra losses not favoured

CME Group’s flash data for crude oil futures markets noted traders scaled back their open interest positions for yet another session on Wednesday, thi