Four Banks Fight Against Inflation
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
Tag - europe news
ECB Interest Rate Decision Could Spark a Reversal
On Thursday, the European Central Bank is expected to hike interest rates by a quarter percentage point to 3.75%. After July, the certainty of further rate hikes is unclear, leading to a craving for guidance in financial markets
Bulls and Bears Fight for Gold and Crypto
More Bitcoin ETFs, BRICS becomes stronger, and gold upside chances. There’s nothing better than a cup of fresh news in the morning.
Euro: Will the Bullish Pressure Persist?
The European economy trudged along with meager growth from the first quarter, lacking the oomph needed to gain momentum. As inflation persists and groceries become pricier, people become more reluctant to part with their hard-earned paychecks. The recent 0.1% increase from the previous quarter falls short of expectations, and the United States isn't faring much better, fueling concerns of a potential recession in the world's largest economy.
The Sentiment is Bearish for the EUR
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!
How will ECB meeting affect the EUR?
It's no longer news that Eurozone's headline inflation rate rose in April, exceeding the European Central Bank's target. Eurostat's preliminary data revealed that the headline inflation rate reached 7% last month, a 0.1% rise from 6.9% in March. In contrast, core inflation, which excludes food and energy prices, unexpectedly slowed to 5.6% in April. The latest figures come right after the ECB's policy decision on Thursday, 4th of May, with market players...
The Hottest May Week Starts Today
Happy labor day, traders! This week is one of the most important weeks ahead. FOMC statement will define how the markets will move in May, and US NFP will surely add fuel to the fire.
OPEC+ Crashes Fed Inflation Plans
Welcome to April, folks! This week has already brought us a huge leap in some assets. We’ll talk about them later; now, let’s look at the most expected events of upcoming trading sessions.
European Stock market might crash soon
In today's article, we will be performing an interesting analytical experiment - Correlation! To start, I have chosen a few indices that we will be observing. It's just like we're analyzing...
Forex Market News
What a day was yesterday! Let’s jump right in!
How Will Euro Move After the ECB
The European Central Bank (ECB) raised its interest rates by 0.5% to 3%, as planned, to combat inflation, despite some investors'...
European Currencies Ahead of the Banks' Statements
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
