cosma's Blog
ECB In Focus
Financial markets have been on a rollercoaster ride last week as investors wondered whether the equity and bond sell-off would come to an end. However, it seems that investors remained reluctant to reload on risk last week. The first half of the week started in the possible way as equites across the globe recovered slowly. In the bond market, US treasury yields have had a choppy end of the week as the Federal Reserves published the minutes of its September meeting. Unfortunately, the minutes wer…
ECB to halve size of stimulus scheme but euro slips
The European Central Bank (ECB) kept interest rates unchanged, but announced that it will reduce its monthly quantitative easing (QE) measures from €60bn to €30bn starting in January 2018.
The measures are scheduled to continue for nine months through to September of next year. The ECB confirmed that it would be willing to increase these stimulus measures if inflation remains more sluggish than anticipated.
In the accompanying press conference, ECB President Draghi struck a slightly cautious ton…
The measures are scheduled to continue for nine months through to September of next year. The ECB confirmed that it would be willing to increase these stimulus measures if inflation remains more sluggish than anticipated.
In the accompanying press conference, ECB President Draghi struck a slightly cautious ton…
ECB in focus
Good Morning Community;
The European Central Bank (ECB) meeting and Governor Mario Draghi’s press conference should trigger decent price volatility in the euro markets. The dovish ECB expectations are expected to keep the upside limited heading into the meeting, while the decision should give a clearer direction to the euro in the short-term. Breaking above the 1.1340, the EURUSD could gain enough momentum to target 1.1500, before 1.1616 (2016 high). Clearing the 1.1122-support (Aug 31st low), …
Waiting Ecb
Buona mattinata;gli eventi chiave di oggi sono gli annunci di BoE e BCE e la conferenza stampa del presidente della BCE Draghi (rispettivamente alle 12:00, 12:45 e 13:30 GMT). Entrambe le banche opteranno prevedibilmente per il mantenimento dello status quo, anche se il discorso del presidente della BCE Draghi dovrebbe innescare un movimento dei prezzi nelle ore successive.
Ieri le vendite sul complesso EUR hanno subito un’accelerazione a New York, nella notte l’EUR/USD è sceso a 1,1026, nuovo m…
Ieri le vendite sul complesso EUR hanno subito un’accelerazione a New York, nella notte l’EUR/USD è sceso a 1,1026, nuovo m…