European Central Bank (ECB)

Last week’s highlights China exports rebound in December Exports from China continue to post a strong rebound in December. Official data released last Thursday showed that China's exports rose by 18.1% on a yearly basis. This was…
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Last week’s highlights US manufacturing rises Manufacturing activity in the United States rose to a two and half year high in December. Official data from the ISM institute showed that the manufacturing gauge rose to 60.7 during the…
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Yesterday's ECB meeting went mostly as expected: There were no changes in policy. The Euro barely moved, as all eyes were on the press conference headed by Chief Christine Lagarde. The question was, what tone would she provide for the…
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Stalemate Drags On Over Economic Stimulus Bill The US index closed indecisively yesterday. However, it still remained above the 93 handle. There were hopes of further progression witnessed from the beginning of the month on the index.…
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Dollar and Euro Await ECB Meeting The risk aversion that boosted the Greenback over the past week took a step back on Wednesday. The attempted push towards the 94 area faltered as it closed 0.32% lower. Dollar bulls took a breather…
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September is seen as a pivotal month for the recovery as well as projections for the rest of the year. Summer officially comes to an end. Often, the trend seen in September is predictive of how things will be until Christmas (and how US…
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Last Week’s Highlights RBA Keeps Policy Steady; Australia GDP Shrinks 7% in Q2 It was a busy week for the Australian dollar. The Reserve bank of Australia held its monetary policy meeting last week. While retaining the key lending rate…
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Last Week’s Highlights China Exports Rise More than Expected in June The latest export data from China showed an unexpected increase in June according to the official data. Exports rose at a pace of 0.5% on a year over year basis. This…
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The general consensus surrounding the major central bank meetings in July is that they will stand firm on the current policy. There are important economic events happening over the next few weeks to support this view. The release of…
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Last Week’s Highlights China’s Consumer Prices Rise at a Steady Pace The latest data from China showed a steady increase in consumer prices to 2.5% on the year in June. This was up from 2.4% in the previous month. On a month over month…
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