ECB said the Governing Council in an ad hoc meeting today to “exchange views on the current market situation” and reiterated the pledged to “act against resurgent fragmentation risks”. The council decided to “apply flexibility in reinvesting redemptions coming due in the PEPP portfolio, with a view to preserving the functioning of the monetary policy […]
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In the early hours of May 2, low-cost carrier Spirit Airlines definitively collapsed and canceled all flights after weeks of talks to save the beleaguered airline ultimately led to nothing. “Despite the Company’s efforts, the Read more…
Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however, the greenback remains under pressure, with underlying momentum and sentiment pointing to further downside Read more…
After more than a year of speculation about whether Spirit Airlines could come out of two bankruptcies with a last-minute Hail Mary, the skyrocketing price of jet fuel ended up dealing the final blow to Read more…