The recent free fall of oil prices and global growth worries have put the ECB to act again in near future. Moreover in last December, Fed also hiked the interest rates and now market raised questions about the ECB's abil…
The recent free fall of oil prices and global growth worries have put the ECB to act again in near future. Moreover in last December, Fed also hiked the interest rates and now market raised questions about the ECB's ability to achieve 2% inflation targets.
ECB President Mario Draghi recently announced that, 'the ECB has plenty of options left, suggesting it could act as early as March.' But analysts are still thinking on the available options ECB is having other than increasing or extending its asset purchase programme and further cuts to deposit rate.
According to the Reuters poll, there is 80% chance that ECB ease further in the next 6 months but majority economists sees another deposit rate cut when the ECB meets in March.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
