ECB's Executive Board Member Peter Praet has given a hint of monetary easing is in the agenda of the ECB's meeting. He is appeared to be highly concerned about low inflation expectations in the euro area. A structural pr…
ECB's Executive Board Member Peter Praet has given a hint of monetary easing is in the agenda of the ECB's meeting. He is appeared to be highly concerned about low inflation expectations in the euro area.
A structural problem in the global economy is is foreseen as the oil price is expected to fall again.
"The falling inflation expectations could also signal that the market simply does not believe in the ECB's ability to influence inflation long term. All in all not exactly positive news and therefore not a good omen for the euro. The ZEW economic outlook would have to surprise notably on the upside to improve sentiment for the euro", says Commerzbank.
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…
