The ECB's quantitative easing programme has got off to a solid start with the Bank buying the planned quantity of assets and financial markets responding positively. With the recovery seeming to gain pace, there has even…
The ECB's quantitative easing programme has got off to a solid start with the Bank buying the planned quantity of assets and financial markets responding positively.
With the recovery seeming to gain pace, there has even been talk that the Bank might not need to fulfil its promise to buy €1.1trn of assets by September 2016.
Capital Economics says - "We still think that the policy is sorely needed and expect President Draghi to stress in the press conference following the next meeting on Wednesday 15th April that most Governing Council members still want to implement it in full. In the end, we suspect that the Bank might need to up its game to ward off the threat of deflation."
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…
