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Romania Trade Balance fell from previous €-0.64B to €-0.86B in August

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Draghi satisfied with the QE – Deutsche Bank

Jim Reid, Research Analyst at Deutsche Bank, notes that speaking early Saturday morning in Peru, ECB President Draghi said that while he is so far satisfied with the ECB’s QE program, he highlighted that it presently appears that it will take somewhat longer than previously anticipated for inflation to come back, and stabilise around, levels sufficiently close to 2%.
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Speculators raised net bullish positions in WTI crude last week

The latest data released by the Commodity Futures Trading Commission (CFTC) shows the speculators raised their overall bullish bets in WTI oil futures last week, which adds credence to the sharp uptick seen in the prices last week.
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