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European stocks look headed for positive start

September 14th, 2020 (0)
Higher European and U.S. futures following news about resumption of final stage clinical trial of coronavirus vaccine by AstraZeneca point to a firm start for European stocks Monday morning. Oxford University announced on Saturday that it is resuming a ...

Unemployment rate in Euro area increased

September 3rd, 2020 (0)
In July 2020, a month marked by some relaxation of COVID-19 containment measures in many Member States, the euro area seasonally-adjusted unemployment rate was 7.9%, up from 7.7% in June 2020. The EU unemployment rate was 7.2% in July ...

European stocks are set to open higher on Monday

August 31st, 2020 (0)
European stocks are set to open higher on Monday as dovish U.S. monetary policy signals gave a boost to global risk assets. Germany’s DAX index is seen climbing 116 points to 13,145, France’s CAC up 44 points at 5,049 ...

Doubling down on failed policies with central bank digital currencies

August 27th, 2020 (0)
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...

Annual inflation up to 0.4% in the euro area; The highest and lowest annual rates

August 26th, 2020 (0)
In July 2020, a month in which COVID-19 containment measures continued to be lifted, the euro area annual inflation rate was 0.4% in July 2020, up from 0.3% in June. A year earlier, the rate was 1.0%. European Union ...

European markets look set to start the week on a positive note

August 24th, 2020 (0)
European stocks are expected to open in positive territory Monday as investors weigh the latest financial, geopolitical and coronavirus news worldwide. London’s FTSE is seen opening 31 points higher at 6,025, Germany’s DAX is seen 67 points higher at ...

An unexpected systemic crisis is for sure

August 18th, 2020 (0)
  Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...

Gold at $2k+. So why the fuss?

August 10th, 2020 (0)
  There appears to be no way out for the bullion banks deteriorating $53bn short gold futures positions ($38bn net) on Comex. An earlier attempt between January and March to regain control over paper gold markets has backfired on ...

European Stoxx 600 hovered just below the flatline in early trade

August 7th, 2020 (0)
The pan-European Stoxx 600 hovered just below the flatline in early trade, with autos falling 0.7% to lead losses while telecoms bounced 1% higher. Asian stocks were mostly lower during afternoon trade. China’s General Administration of Customs said its ...

Euro area annual inflation up to 0.4%

August 5th, 2020 (0)
In July 2020, a month in which COVID-19 containment measures continued to be lifted, Euro area annual inflation is expected to be 0.4%, up from 0.3% in June according to a flash estimate from Eurostat, the statistical office of ...
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