European Central Bank (ECB)

The European Central Bank meets later today at 1230GMT for its monetary policy meeting. While not much is expected in terms of changes to the existing monetary policy, the focus is likely to shift on the press conference. On the agenda will…
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The US dollar is experiencing another episode of appreciation as Janet Yellen said that the interest rates will rise this year, as the economic conditions are likely to make this decision possible at some point this year. In addition,…
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Surprisingly enough, Greece's position towards the reform package has changed radically. The Greek government sent a package of reform proposals to its euro zone creditors on Thursday, asking for 53.5 billion euros, a review of primary…
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Euro zone members have given Greece until the end of the week to come up with a proposal as European Council President Donald Tusk said "tonight I have to say loud and clear that the final deadline ends this week". European leaders aren’t…
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DAX faces support at 11357 amid Greek uncertainty, EURUSD trades sideways with mixed US data, and WTI crude sees inventory drops pressuring prices.
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Monday's Eurogroup meeting disappointed on all fronts as the markets geared up to see some kind of resolution to the Greece debt crisis. However, in the classic EU style, Eurogroup members decided to reconvene on Thursday, 25th of June with…
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The European Central Bank will be convening today for its monthly monetary policy setting meeting and going by last month's press conference, it is quite likely that today's event will see no major shifts from the Central Bank as far as…
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In a speech addressed to a business group in Rhode Island, Federal Reserve Chair, Janet Yellen, explained her increased expectation about the economic data, as well as the intention to start raising rates this year. The dollar had prevailed…
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The Sterling pound enjoys both technical and fundamental elements that favor the ascending trend. The Monetary Policy Committee unanimously decided to maintain the interest rate and the settings of the Asset Purchase Facility program, while…
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The lately comeback of the euro has sparked unease among European officials regarding the inflation, the commercial advantages of Germany, the competitiveness gained by others in relation to other partners outside the monetary union and the…
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