ECB meeting minutes awaited to prove how hawkish Draghi is

euro money | EconAlerts

On Thursday at 1130 GMT the European Central Bank is scheduled to publish accounts of its latest policy meeting and in the absence of any major data releases the minutes could lend a helpful hand to the euro if policymakers appear overall more hawkish than Mario Draghi did in his press conference. However, risks surrounding Italy and its fiscal policy remain […]

Amid sluggish growth and Italy woes, will the euro ever resume its uptrend?

euro money | EconAlerts

The euro has retreated by about 8% from its three-year peak scaled back in February when it briefly touched $1.2555. At the time, the outlook for the Eurozone economy was looking increasingly positive and political uncertainty appeared to be receding. However, since the spring, economic indicators out of the Eurozone have consistently fallen short of […]

ECB minutes to halt the euro’s advancing?

ECB skyline | EconAlerts

The official record of the European Central Bank’s July meeting will be made public on Thursday at 1130 GMT. This comes less than twenty-four hours after the Federal Reserve releases its own minutes pertaining to its latest meeting. A stark contrast between the two, with the Fed on the hawkish side of the spectrum and […]

Battered euro looks to Eurozone’s inflation data for some reprieve

The common European currency has plunged in recent weeks, as a combination of heightened political uncertainty in Italy, a slowing Eurozone economy, and an increasingly cautious tone by the ECB have taken their toll. In the midst of all this, the battered euro will look for some reprieve in Eurozone’s inflation data for May, due […]

ECB minutes in focus; euro selloff to continue?

ECB, Mario Draghi | EconAlerts

The official record of the European Central Bank’s monetary policy meeting in late April will be made public on Thursday at 1130 GMT. In FX markets, it will be interesting to see whether the release can put an end to the intense selling pressure the euro has been facing recently relative to majors including the […]

ECB and BoJ Interest Rate Decision

Euros and Dollars | EconAlerts

ECB is to announce its interest rate decision today and is widely expected to remain on hold at 0.00%. Currently, EUR OIS imply a probability for ECB to remain on hold at 98.39%. Market focus is expected to shift to the accompanying statement and the following press conference. We see the case for the statement […]

ECB Interest Rate Decision

ECB is to announce its interest rate decision and is expected to remain on hold at +0.00%. EUR OIS imply a probability for the bank to remain on hold at 95.68%. As the interest rate is not expected to change, the following press conference (13:30, GMT) could become the epicenter of the decision’s deliverables. The […]

Week ahead: March 5th-9th

Weekly Market Outlook | Econ Alerts

RBA’s, BoC’s, ECB’s and BoJ’s interest rate decisions, as well as US and Canadian Employment Data in focus.   Next week’s market movers   • RBA’s, BoC’s, ECB’s and BoJ’s interest rate decisions, despite being forecasted to remain on hold are expected to move the market.   • US employment Data at the mid and […]

All eyes on the ECB

ECB and banks | Econ Alerts

 Daily Analysis | 25 January 2018   The ECB is to announce it’s interest rate decision today and is expected to remain on hold at 0.0%. Currently, the market has priced in the probability at 97%, according to Overnight Indexed Swaps (OIS). The main focus is expected to shift to the accompanying statement and […]

ECB interest rate decision

Daily Analysis | 14 December 2017   ECB interest rate decision ECB is widely expected to remain on hold today and keep interest rates at 0.00%.  As the rate as such is expected to remain the same focus may shift towards the press conference which will be held by ECB President Mario Draghi. Media reports […]