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Commodities’ high weighs on bonds; Europe stocks slip

  BLOOMBERG A gauge of commodities headed for a five-month high, spurred by gains from metals to soy beans, and weighing on government bonds as the European Central Bank kept interest rates unchanged at its latest policy meeting. Steel reinforcement bars jumped to a 19-month high in Shanghai, buoyed by an improving Chinese property market. Brent crude held near $46 ...

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Emirates Securities Market up by 0.88 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has increased by 0.88% to close at 4718.79 points. Accordingly the Market Capitalization has gained AED 6.68 billion attaining AED 765.45 billion. A total of 0.95 Billion Shares were traded with a total value of AED 1.24 billion during the trading session of 21-04-2016 through 10671 transactions. The number of companies ...

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ECB holds key rate steady amid spat with Germany

  Frankfurt / AFP European Central Bank (ECB) held its key interest rates steady on Thursday, but analysts believe it could pave the way for new stimulus measures soon, despite growing resistance in Germany. The ECB’s governing council voted, as expected, to keep the benchmark “refi” refinancing rate at its current all-time low of zero percent, after cutting it to ...

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