BLOOMBERG Bloomberg Surveillance January 7, 2015
More than economists forecast it. Plunging oil prices is the big reason. The ecb working on a plan to buy Government Bonds. The central bank tried to prevent a deflationary spiral of falling prices and decline in consumer spending. Oil halting its slide, at least, for now. We saw brent crude this morning dropping below 50 a barrel for the First Time Since may 2009. It was headed for a fifth straight day of losses, but both brent and of uti or racing games the last 30 minutes wti erasing gains in the last 30 minutes. Crude oil stock piles he was probably increased last week. The white house and...