Oil and gold recover after China’s rate rise
A new economics for the EU
FTSE = “The Footsie”
lost 20.1 points, or 0.35%, to 5,727
Increase their equity buffer
The aim ?
African Barrick Gold
Brevan Howard = one of Europe's biggest and
most respected hedge funds
China’s surprise decision to raise interest rate
Oil price 80 $ a barrel
The actual impact of this rate
hike might be limited on the
overall growth story in China.
a recovering decrease of 2,5%
Gold climbed to $ 1,341 an ounce
after hitting two-week low of $ 1,334.45
Far below the all-time high of $1,387.10
Analysts conclude : it’s an excuse for profit-trading
EU leaders = Should consider an economic/
But Growth and employment
Two seemingly rival agendas
Limit the increase of the union’s budget.
Envisages a treaty change to impose tougher
sanctions on over-spending members of the
euro zone. = to prevent debt crisis
1. EU leaders = Modify the composition of the
€140billion union budget
2. The 27 member-states = Expand the remit
and funds of ‘the European Investment
3. The EU = starting with tough penalties for
banks that use public money for bonuses
As the world's single biggest economic space, the EU
could pioneer a new economic and financial settlement.
Economy, money, finance,…
Price in China increase ( )
Result = Price in Europe
The stock exchange
= an impact on the
English Finance & Insurance 1
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