Search Results for: German
Annual inflation up to 0.4% in the euro area; The highest and lowest annual rates
August 26th, 2020
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
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 ...
Jay Taylor: “Stick With Your Gold As Long As You Are Able”
August 17th, 2020
From this week’s edition of J Taylor’s Gold, Energy & Tech Stocks newsletter: Gold’s slight correction of 3.99% this week doesn’t say much. But the $170/oz. decline in about 24 hours certainly did get my attention. And I have ...
European Stoxx 600 hovered just below the flatline in early trade
August 7th, 2020
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
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 ...
The Eurozone’s financial disintegration
July 31st, 2020
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national central banks in the Eurozone. Other than minor differences reflecting ...
European stocks were roughly flat on Wednesday; Earnings in focus
July 29th, 2020
European stocks were roughly flat on Wednesday as countries around the world report rises in new coronavirus cases, while a fresh U.S. relief package hits an impasse in Washington. The pan-European Stoxx 600 hovered just below the flatline in ...
29% of Europeans can’t afford a week’s holiday
July 29th, 2020
In 2019, 29% of residents of EU Member States aged 16 or over were unable to afford paying for an annual one-week holiday away from home. This share has gradually decreased since 2010, when 39% of Europeans could not ...
The pound’s future in a dollar collapse
July 28th, 2020
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling. Sterling is exceptionally vulnerable to ...
Explaining the credit cycle
July 24th, 2020
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly understood as current economic conditions evolve. The reader is taken through three monetary ...
