Tag: European Central Bank

February 20, 2023

The US Dollar has started the week slightly firmer as the markets contemplate a Federal Reserve turning more hawkish at their Federal Open Market Committee (FOMC) meeting in late March. The possibility got legs after Cleveland Fed President Loretta Mester […]

January 24, 2023

Silver prices have bounced back after a brutal setback that resulted in a 1.59% decline yesterday. With the futures contract currently recovering over 1.00% of those losses, USD weakness ahead of this week’s GDP and inflation data has limited losses. […]

November 2, 2022

The European Central Bank is warning that many of the financial institutions it oversees are moving too slowly to shield themselves and Europe’s banking system from the impact of climate change, and it is setting new deadlines to meet those […]

October 27, 2022

Global stock markets were mixed Thursday ahead of an update on the U.S. economy and a European Central Bank meeting that is expected to raise its key interest rate to a 13-year high to fight stubborn inflation. London and Hong […]

July 18, 2022

ECB to Finally Achieve Lift-off This week Thursday we have the European Central Bank (ECB) rate decision on hand. The much anticipated 25 basis point hike has been communicated extensively by ECB Governing Council members for many weeks now but […]

June 15, 2022

The European Central Bank’s rate-setting council will hold an unscheduled meeting Wednesday “to discuss market conditions,” with borrowing costs for several countries having increased after the bank said it would raise interest rates — bringing back bad memories of the […]

June 8, 2022

Money markets are becoming increasingly optimistic about a more aggressive European Central Bank (ECB) tomorrow after adding a few extra basis points yearly forecast. There has been much talk around a 50bps rate hike in July and rumors of a […]

November 17, 2021

The tumble in EUR/USD that has taken it from a high of 1.2266 on May 25 to only just above 1.13 now shows no sign of ending anytime soon. Indeed, the price has now broken below the support line connecting […]

November 15, 2021

European shares hit another record peak on Monday after comments from European Central Bank Chief Christine Lagarde helped beat back bets of tighter monetary policy, while a fall in miners kept gains at bay. ECB President Lagarde said the current […]

December 10, 2020

The European Central Bank unleashed another half-trillion euro ($600 billion) wave of stimulus as a winter surge in COVID-19 infections shuts down large parts of the economy and wipes out pre-Christmas sales revenue ahead of the region’s most important holiday. […]

September 10, 2020

Futures pointed to a lower start for U.S. stocks Thursday, but declines were limited, as investors digested a policy update from the European Central Bank and weighed its implications for U.S. assets. Technology shares rebounded on Wednesday after the Nasdaq […]

July 31, 2020

PARIS — The economy of the 19-country eurozone shrank by a devastating 12.1% percent in the April-June period from the quarter before – the largest drop on record – as coronavirus lockdowns shut businesses and hampered consumer spending. Economists say […]

June 4, 2020

Stock markets edged lower on Thursday as investors looked ahead to the European Central Bank’s decision on more monetary stimulus and the latest weekly jobless claims figures in the United States. Indexes in London, Frankfurt and U.S. futures were lower. […]

March 2, 2020

Euro-area factories saw the first clear signs of the coronavirus hitting their business in February, with widespread delivery delays and steep declines in foreign orders. The epidemic, which has spread to the European continent after emerging in China late last […]

February 18, 2020

European stocks came under pressure on Tuesday, with chip makers heading south after Apple warned it will miss its quarterly revenue target due to coronavirus fallout, while shares of HSBC slid as it announced a profit slump and suspension of […]

February 6, 2020

European stocks extended a rally on Thursday, getting a further boost as a sign of warming U.S.-China trade relations stoked optimism, even as a virus continues to curb the world’s number-two economy. After the largest three-day percentage gain since early […]

December 23, 2019

European equity markets struggled to build on record highs on Monday, as investors appeared to take a breather at the start of a holiday-shortened week. The benchmark Stoxx 600 SXXP, +0.03% traded flat at 418.57, after closing out Friday’s session […]

November 20, 2019

European stocks were on track for their worst single-day performance in six weeks following concerns over the U.S.-China trade talks. The Stoxx Europe 600 SXXP, -0.78% fell 0.54% to 403.32, its worst day since October 8. The German DAX DAX, […]

November 14, 2019

European stocks slipped on Thursday on concern over the state of U.S.-China trade talks, as data showed a stagnating economy in Germany. The Stoxx Europe 600 SXXP, +0.02% dropped 0.08% to 405.52, which still is near to its record close […]

October 17, 2019

European stocks turned higher Thursday as key political leaders say they’ve reached a deal for U.K. to exit the European Union. The pact, announced by U.K. Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker, will still need ratification […]