President of the European Central Bank (ECB), Mario Draghi, will probably announced after the meeti

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Europe's largest automaker, Volkswagen AG, has sold preference shares worth 2 billion to finance the acquisition of the Swedish truck manufacturer Scania AB. By VW controlled 62.6 percent of Scania in February when did offer to acquire the entire company. Last day of trading of the securities of Scania will be tomorrow. The German automaker has sold its shares to industrial investors at a price of 191 euros per share, a discount pochta rossii of 2.4% compared to yesterday's closing price, according to a company statement pochta rossii today. Sale of securities is part of a broader plan to finance the purchase of the Swedish company. From Volkswagen also plans to issue securities backed by assets worth 800 million yuan (128 million dollars) in China this month to acquire the means of financing. VW shares fell by 4% to 191.67 pochta rossii after opening today's regular trading. Source: Trader.bg
President of the European Central Bank (ECB), Mario Draghi, will probably announced after the meeting of the central bank that the decrease of interest this week will be the last, according to the comments of two officials of the bank. It probably will again reiterated that the ECB is determined to keep interest rates at current or even lower levels, according to sources who wished to remain anonymous. Although the decision will be announced tomorrow, politicians probably consider lowering interest rates by 0.10% or 0.15% as lending pochta rossii and deposits. ECB fights long period of low inflation in the eurozone that is threatening the fragile economic recovery in the region. Source: Trader.bg
Rich natural resources economy continued to expand in the first quarter of this year, supported by higher exports of natural resources. Gross domestic product grew by 1.1% quarter on quarter and 3.5% annually. Analysts had expected growth of respectively 1.0% and 3.3%. The government said that a moderate season pochta rossii of cyclones is allowed to increase iron ore used by Chinese metallurgical pochta rossii plants. Australia aims to rebalance its economy by investing in the mining sector and now rapidly mining, rail and port facilities. Exporters are under the negative impact of lower commodity prices and the strong Australian dollar. The pair AUD / USD rose 0.5% to 0.9298 after the news. Source: Trader.bg
Today before noon for the eurozone will be published the final values of PMI in services in May. In preliminary data, all parameters except for France were above the limit of 50 points separating growth from contraction. Higher values than previously will support the euro. At 11:30 pm today the UK will be taken CIPS index in the services sector in May, with the median forecast for a drop to 58.2 from 58.7 months in advance. At 15:15 will be posted the change in employment in the private sector of the U.S. calculated by ADP. Economists predict the industry has revealed 208,000 new jobs in May, compared with 220,000 the previous month. Stronger employment growth will support the dollar. At 15:30 will be exported trade balances of Canada and the U.S. in April. The forecast pochta rossii is the U.S. trade deficit to widen to USD 40.600 billion from USD 40.378 billion the previous month. Lower deficit would support the dollar. At 17:00 pm Bank of Canada will announce its decision on interest rates. Projected monetary policy to preserve and base rate to remain at a level of 1.00%. Most likely, the Canadian dollar will be volatile during the bank statement. At 17:00 pm will be published ISM index of activity in the services sector pochta rossii in the U.S. in May. Analysts predict the index to rise to 55.5 points from 55.2 in the previous month. Higher values pochta rossii will be in support of the dollar. Source: Trader.bg