ECB's Weidmann didn’t see easing as necessary

FXStreet (Córdoba) - ECB member Jens Weidmann said that he does not believe that further easing is necessary, adding that the Eurozone is far away from a deflationary spiral, Bloomberg reports.

Dec 8, 2015

Canada Building Permits (MoM) registered at 9.1% above expectations (3.2%) in October

Chinese reserves decline on falling currencies and large capital outflows

China's reserves fell more than $87 billion in November, much higher than the $33 billion estimated, marking the third largest decline in reserves recorded by China. It is only slightly short of the $94 billion drop in reserves that the economy witnessed in August. Reserves had reached their zenith in June 2014 touching $3.993 trillion.