The European Central Bank has said it is taking the next step toward launching a digital version of the euro. The move comes amid a boom in crypto and other digital currencies. The governing council...
Christine Lagarde has said Europe’s monetary authority plans to keep interest rates and coronavirus stimulus unchanged. She urged EU members to get their coronavirus recovery fund operational with haste. European Central Bank chief Christine Lagarde on Thursday said...
The capital markets are mostly quiet ahead of the ECB meeting, today’s highlight. The rise in US equities yesterday is helping lift equities today. The MSCI Asia Pacific Index snapped a two-day fall, and Europe’s...
The ECB’s new president has urged European countries to invest and innovate as concerns of an economic slowdown intensify. She warned that export growth could no longer be relied upon to boost growth. The eurozone...
The Fed is finally bringing some reason to smile for President Trump by making two continuous 25-bps cut after a gap of nearly a decade. It remains to be seen whether, the US economy moves up...
After trying hitherto to ignore politics as much as possible many traders have now become the keenest of followers. Even algorithmic programmes are being written to respond to key words in political speeches, announcements, news...
Outgoing ECB President Mario Draghi achieved his goal of further cuts to interest rates and the renewal of bond buying for the euro area. But some policymakers are skeptical that the move was necessary. European...
1. As soon as it was clear that the ECB was not easing today, the euro began to recover, after making a marginal new low for the year (just above $1.11). 2. Draghi made it...
IMF Managing Director Christine Lagarde will become the European Central Bank’s next president in November. If she replaces Italy’s Mario Draghi, a huge change in the eurozone lender’s policy seems unlikely. Following several rounds of...
If eurozone inflation stays low, the European Central Bank (ECB) could cut interest rates even further and take other steps to boost it, ECB chief Mario Draghi said. The remark prompted accusations from Donald Trump....
The ECB meeting is today’s highlight. A dovish signal is expected. The euro remains pinned near its lows ahead it. The global equity market rally in January and February is faltering this week. Asian equities...
Even though a lot of the world is headed toward cashless payment, the central banks in the 19-nation eurozone keep minting small denomination coins by the ton. What’s behind this old habit? With more than...
