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ECB's Villeroy: Labour market conditions are in good shape

European Central Bank policymaker Francois Villeroy de Galhau said on Friday that inflation has stabilised at the targeted level, but the risks remain high.

Key quotes

Inflation has stabilised at the targeted level, but the risks remain high.
Economic activity is picking up faster than previously observed.
Labour market conditions are in good shape.
France must and can tackle its budget problems.

EUR/GBP holds positive ground near 0.8650 as UK economy stalls in July

The EUR/GBP cross trades on a positive note near 0.8650 during the early European session on Friday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
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Silver Price Forecast: XAG/USD marks fresh 14-year highs above $42.00

Silver price (XAG/USD) extends its winning streak for the third successive session, marking a fresh 14-year high at $42.17 during the Asian hours on Friday.
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