January ECB Monetary Policy

And so begins the January ECB Monetary Policy meeting. The European Central Bank will be holding its first monetary policy meeting of the year this week on Thursday. Heading into the meeting, economists are clearly divided on how the ECB will respond, especially to the exchange rate. The euro regained its bullish momentum few weeks ago after ...

2018-03-20 John Benjamin Read more
Riksbank

Riksbank meeting minutes from October released; Minutes show a cautious stand from the central bank as QE purchases likely to end in December 2017. Summary: Riksbank releases meeting minutes from the October 26 policy meeting Rate hike expectations still a far way off Riksbank could end QE as the current course of bond purchases ex...

2018-01-25 John Benjamin Read more
Mario Draghi

Summary: Investors gear up for the ECB's tapering announcement Expectations are for the central bank to cut its QE purchases by as much as 30 billion euro Scope of the re-calibration to be in effect for at least nine months starting January 2018 Majority of the QE re-calibration to come from the corporate bond purchases ECB ex...

2017-12-12 John Benjamin Read more
COT report_Sterling_ECB

This data references the period ending Tuesday, August 8th EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 11k contracts to take the total position to 94k contracts long. Following some minor position squaring over the prior week, buying has now resumed in the Euro as traders continue to ant...

2017-08-14 James Harte Read more
ECB Draghi

The European Central Bank's monetary policy meeting concluded yesterday as the euro bulls pushed the EURUSD to nearly a two-year high. At the monetary policy meeting, the ECB left the interest rates unchanged as well as the bond purchase program. The central bank is seen purchasing bonds at the pace of 60 billion euros currently. The central b...

2017-07-21 John Benjamin Read more
CPI_Inflation_tutorial_1805

Earlier this morning, everyone was waiting for the UK inflation data, which was supposed to come in higher in June. However, the numbers came in with a surprise slowing down . CPI, Core CPI and the RPI showed a faster slowing down, while PPI declined less than expected. Moreover, the House Price Index slowed down further, but slightly less than...

2017-08-17 Nour Eldeen Al-Hammoury Read more
Australia_RBA_2604

Central Bankers around the world managed to spike market volatility last week as they sent a clear message to the market about their future policies. It looks like the Central Bankers are on the same page once again. Most of them stated that the easy monetary policy era is coming to an end. This has led to a notable decline in global indices un...

2017-07-03 Nour Eldeen Al-Hammoury Read more
ECB_Draghi

The European Central Bank today decided to keep the current policy unchanged including the three main rates. The ECB Refinancing Rate at record low 0.0% and the deposit rate at -0.4%. However, the statement showed some dovish remarks, which should not be a surprise, especially that the 2nd round of the French election is around the corner. The...

2017-04-27 Nour Eldeen Al-Hammoury Read more
ECB GDP Draghi

Consumer prices in the eurozone which were seen making a lot of noise in the first few months of the year were seen pulling back after consumer prices touched 2% in February. Data released by Eurostat last week showed that consumer price index in the Eurozone increased 1.5%, slower than February's 2% increase and was seen to be slower than the ...

2017-04-04 John Benjamin Read more
EU Inflation

During the next few hours and days, many economic figures will be released from Europe, which traders need to watch very carefully, as it is likely to have a notable impact on the Euro. This week is the inflation week for the Euro Zone. Today, we will be watching France and Italy’s inflation figures, followed by the German inflation tomorrow an...

2017-02-28 Nour Eldeen Al-Hammoury Read more