European Central Bank (ECB)

In the last couple of days, the Euro has been drifting higher, back towards parity. It comes at a somewhat curious juncture, considering the context in the UK. Though, it should be pointed out that yesterday markets jumped higher on…
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The ECB has only two more meetings for the rest of the year. Which means that the space to get inflation under control by the end of December is getting tight. The common bank is behind other major central banks in raising policy, which has…
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We can expect quite a bit of volatility on Thursday, when the ECB will make its rate decision. Surveyed economists are almost evenly split on whether there will be a 50bps or a 75bps hike. The market has priced in around 68bps, implying a…
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EURUSD falls over gloomy outlook The euro weakens as traders fret that an aggressive ECB is pushing the bloc to the brink of a recession. Euro zone inflation continues to surge and could hit a double digit soon. Prices excluding…
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After a steep rise in interest rates around the world, it's natural to question at what point central banks will stop. This is where bankers start using a technical term: "neutral level". The thing is, what exactly constitutes a "neutral…
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The ECB won't meet until September 8th, which is before the next release of inflation data. Meaning that they will likely be deciding monetary policy on the data that comes out tomorrow. And this could be a pretty big deal, because…
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Last Friday, Switzerland's KOF leading indicator came in well below expectations. To make matters worse, the prior month was revised lower. With the world talking about both recession and facing massive inflation, it would appear the Swiss…
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GBPUSD recovers as BoE to hike by 50bp Sterling bounces higher as the Bank of England may deliver its first half-point hike since 1997. The UK’s inflation surged to a 40-year high at 9.4% and could reach a double digit in the…
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The ECB raised rates more than the market was expecting, and won't be meeting again until September. But that doesn't mean we won't get pivotal data in the meantime. It's just that the market is more likely to react to the economic…
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