Account of the monetary policy meeting of the Governing Council of the European Central Bank released yesterday was of meeting held in Frankfurt aim main on Wednesday and Thursday, 3-4 June 2020. In this meeting, Ms.Schnabel reviewed the financial market developments and arrived at 3 key conclusions. First, the ECB’s monetary policy measures, together with [...]
In June, White House leaders announced “Operation Warp Speed,” which gives more tax dollars and technical support to companies developing five experimental COVID-19 vaccines to be fast-tracked through testing and then mass production after the development of the vaccine. But there is a lot of speculation that whether the vaccine will be affordable. The Trump [...]
UK June PMI data indicated a vastly improved overall picture across the UK private sector, with the downturn in total business activity continuing to steady after the record rate of decline seen at the height of the lockdown during April. Another drop-in service sector activity contrasted with a return to production growth among manufacturing companies [...]
The corona virus cases has increased to 190.862 totaling to 8895 death as reported by the German disease and epidemic control center, Robert Koch Institute (RKI), on Tuesday. Cases increased by 503 in Germany on Tuesday whereas Monday it was +537. The death count rose by 10, the tally showed. Estimation of the virus reproduction [...]
