The ECB changed the parameters of its bond purchasing program, removing the deposit limit floor. Under the new rules governing asset purchases the ECB will be able to purchase government bonds which are yielding less than its deposit rate. That would enable the ECB to begin buying ultra-safe government bonds, such as German short-term debt. Source Investing.com
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The Trump administration is expected to appoint a special envoy for directly communicating with a top aide to Russian President Vladimir Putin, according to a new report. The Hill
Turkey’s talks with Russia about the purchase of the S-400 air missile defense system have reached a “final stage”, although this does not mean a deal will be signed immediately, Defense Minister Fikri Isik said on Friday. Source Reuters
Kremlin spokesman Dmitry Peskov on Friday declined to comment on media reports that Russia was moving military hardware and troops toward the border with North Korea, the RIA news agency quoted him as saying. Source Reuters