Tag: European Central Bank
Navigating the Challenge of Stubborn Services Inflation
The European Central Bank (ECB) is facing challenges in dealing with stubborn services inflation, according to Executive Board member Isabel Schnabel. She mentioned that a single rate cut from the ECB does not guarantee...
ECB Spotlight: Market Shifts Due to Fed Rate Speculations
Last week, the US saw a significant selloff in mega-cap tech stocks following lower-than-expected inflation data. This led to a shift towards riskier areas of the market, with the Russell 2000 emerging as the...
ECB Holiday Season Preview: Analysis and Forecast – Action Forex
The upcoming ECB meeting is expected to be a review meeting rather than one where new policies are announced. Lagarde has emphasized that data on profits, wages, and productivity will be crucial factors, but...
Eurozone Sentix Plummets to -7.3 Amid Political and Economic Uncertainties
Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...
Avoiding Another Greek Crisis: Europe’s Top Priority
Another debt crisis is brewing in Europe, and this time it's Greece that is at the center of it. The country needs European creditors to release funds from a bailout agreement made in 2015...
Eurozone Inflation Forecast: Slowing Down – ING
The Euro (EUR) experienced a relief rally after the French election results met expectations. However, the rally lost momentum on Monday as doubts emerged about additional support for the common currency leading up to...
Eurozone CPI Slowed to 2.5% in June, Core Unchanged at 2.9% – Market Update
Eurozone CPI, which measures the change in prices of goods and services, experienced a slight slowdown in June. The year-over-year increase in CPI dropped from 2.6% to 2.5%, meeting market expectations. However, the core...