EUR/JPY M&A news: Japanese Recruit to acquire Dutch USG People

FXStreet (Bali) - Some M&A news are crossing the wires, which may have a positive impact for EUR/JPY.

According to market sources: "Japanese employment agency Recruit has agreed to acquire Dutch staffing firm USG People for 1.4 billion euros, a premium of 31 percent to its closing price on Monday, the companies said on Tuesday."

Dec 22, 2015

Oil price hits 11 year low on global oversupply & lower heating oil demand

Brent oil price hit an eleven year low yesterday as prices fell 2 per cent and dropped to $36.05, the weakest price registered since July 2004. It even stayed below the financial crisis low of $36.20 reached on December 24 2008. It finished the day at $36.35, down 1.4 per cent. The price of US crude on the other hand dropped 40 cents to $34.17 a barrel, its lowest since 2009. Global oversupply coupled with fall in demand for heating oil on warmer-than-normal temperatures led to the sharp fall in prices yesterday.

EUR/JPY M&A news: Japanese Recruit to acquire Dutch USG People

Oil price hits 11 year low on global oversupply & lower heating oil demand

Sweden Retail Sales (YoY) climbed from previous 5% to 5.2% in November