The Traderszone Network

Persistent oversupply is also still weighing on the oil market.
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The leaders of Europe’s most powerful political bodies have called for closer political, monetary and economic ties between euro zone countries.

LONDON/ST. LOUIS (Reuters) – A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer’s global governing body FIFA, and cautioned banks to step up scrutiny. The warning from the Paris-based Financial Action Task Force came in the wake of last month’s indictment by the United States of nine current and former FIFA officials and five business executives on a series of corruption charges, including bribery, money laundering and wire fraud.     With the U.S.

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Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank has ample means to achieve its goal of accelerating inflation to 2 percent and keeping it there in a stable manner. Speaking in parliament, Kuroda said raising the 0.1 percent interest the BOJ pays on excess reserves parked with the central bank could be one option if the BOJ were to exit its massive stimulus program.

We may have been here many times before but Monday is not just any old deadline in the rollercoaster ride of Greece’s relationship with the euro zone.

The euro continued to gain ground against the dollar ahead of key meetings in Brussels over Greece.
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Greece being forced to leave the euro zone – a process dubbed a “Grexit” – once unthinkable, is now looking increasingly like a reality.