Search Results for: ECB
Breaking: European Central Bank Monetary policy decision
January 23rd, 2020
The European Central Bank has issued a press release to inform that at today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on ...
European Central Bank is continuing digital currency research
January 9th, 2020
ECB Prez Christine Lagarde Says Central Bank Digital Currency Could Have Major Implications for the Financial Sector In her first public remarks of the new year, European Central Bank President Christine Lagarde affirms that the ECB is continuing to ...
Gold’s outlook for 2020
January 3rd, 2020
This article is an overview of the economic conditions that will drive the gold price in 2020 and beyond. The turn of the credit cycle, the effect on government deficits and how they are to be financed are addressed. ...
Pound Sterling to Euro exchange rate jittery as UK public heads to the polls
December 12th, 2019
Fresh polls indicating a Conservative Party majority is uncertain came in yesterday, leading to fresh Sterling (GBP) jitters and knocking the Pound to Euro (GBP/EUR) exchange rate further away from its best levels. Despite the uncertainty though, investors have ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
European Central Bank enhances reporting on FX interventions
October 4th, 2019
The exchange rate is not a policy target for the ECB ECB so far intervened in the foreign exchange market in 2000 and 2011 ECB to start publishing FX intervention data on quarterly basis as of April 2020 New ...
Pound Sterling plunges on Brexit uncertainty
September 26th, 2019
“The pound has fallen below $1.24 on Brexit uncertainties, more than offsetting initial gains following the Supreme Court ruling.” Lloyds The Pound to Euro exchange rate is +0.04% higher @ €1.12899 on 26.09.2019 The Pound to US Dollar exchange ...
Measuring Recession
September 20th, 2019
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually prove very costly. Having convinced themselves that GDP measures economic progress, government ...
European Central Bank released monetary policy decisions
September 12th, 2019
The European Central Bank (ECB) has issued today a press release to inform that at today’s meeting the Governing Council of the ECB took the following monetary policy decisions: The interest rate on the deposit facility will be decreased ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
