China’s Li Keqiang - won't use Yuan depreciation to boost exports

Chinese Premier Li Keqiang was on the wires assuring markets China is not in favor of depreciating Yuan in order to boost exports.

Key Quotes

China to continue reform of exchange rate mechanism

China to let Yuan fluctuate in reasonable range

Mar 21, 2016

European stocks turn positive, oil shares still in red

Stock markets in Europe recovered early losses to trade positive as rise in banking shares overshadowed the losses in energy and mining shares.

ECB’s Liikanen - Rates to stay low well past the horizon of asset purchases

European Central Bank (ECB) member and governor of Finland's central bank Erkki Liikanen was on the wires assuring markets that interest rates would stay low well past the horizon of asset purchase program.