IMF says ECB should complete QE program; Greece still risk to Eurozone economy

FXStreet (Córdoba) - The International Monetary Fund said it is important that the European Central Bank
to maintain the bond buying program (QE) until September 2016, adding that it may need to be extended further.

The IMF also said the Eurozone economy is strengthening but vulnerabilities remain, pointing that Greek developments pose a risk to Euro area economy. However, IMF said growth risk are more balanced and said institutions should ensure risk contagion are contained.

Oil drops to four month low

Oil prices at both the sides of the Atlantic fell to four month low due to the rout in Chinese stock markets and fresh evidence of excess oil supply.
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United States Dallas Fed Manufacturing Business Index below forecasts (-4): Actual (-4.6)

United States Dallas Fed Manufacturing Business Index below forecasts (-4): Actual (-4.6)
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