ECB Quantitative Easing: What about it?

On the 22nd of January 2015, the European Central Bank (ECB) launched a massive government bond-buying program which will inject hundreds of billions in new money into the euro zone economy. The ECB said that the purchasing of sovereign debt will last about a year and a half from March onwards, till the end of…

The Crashing of Oil Price

When the market closed on 9th Jan, the crude oil ended with a price of USD $48.36. This was almost 50% its value from a year ago in Jan 2014. Before taking an attempt to reason out the cause for such a plunge in its price, it is important to understand that there was no…