Tag: European Central Bank

The ECB To End Its Quantitative Easing Plan As First-Step To...

Despite all the Brexit talks and the consequent buzz originated around it, European Institutions keep working at full speed to get themselves ready for...

Super, Mario! flatex now offers flex-credit at 0.0% until year-end

Super, Mario! flatex now offers flex-credit at 0.0% until year-end flatex launches a credit offensive: 0.0% interest for up to EUR 50,000 zero...

Gold in Early Phase of Reversal?

Gold has been a whipsaw of activity over the last 7 years as the response to the financial crisis drove speculation that inflation would...

EUR/USD Extends Gains Despite Solid US ADP Report

The EUR/USD exchange rate made another push toward 1.10 on Wednesday, as the dollar continued to backtrack despite another solid month of job creation...

Global Stocks Rally on ECB Stimulus Hopes, Rising Oil Prices

Global stocks ended the week on a firmer note, as investors cheered on higher oil prices and the possibility the European Central Bank (ECB)...

EUR/USD Surges as ECB Moves to Boost Euro Area Economy

The EUR/USD surged 200 pips on Thursday, recovering from eight-month lows after the European Central Bank (ECB) extended its stimulus program in an effort...

EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting

The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...

ECB Stimulus Bets Lift Stocks, Weigh on Euro

European stocks were trading at three-month highs on Monday, while the euro weakened against the dollar as investors prepared for the European Central Bank (ECB)...

European Stocks Maintain Rally on Stimulus Hopes

European stocks advanced further on Thursday and were on track for three-month highs, as investors continued to price-in additional stimulus by the European Central Bank as...

Dollar Strength Weighs on Gold Price

The US dollar pushed higher on Monday, driving gold prices back toward six-year lows as investors continued to price in a rate hike from...

European Stocks Edge Higher on ECB Stimulus Hopes

European stocks advanced on Friday in a choppy day of trade, as investors remained hopeful that the European Central Bank (ECB) would expand its stimulus...

European Stocks Turn Higher on Stimulus Bets

European stocks rebounded on Tuesday after geopolitical concerns left investors hopeful that the European Central Bank would introduce more stimulus next month. The pan-European STOXX...

EUR/USD Turns Back from 1.08 on Disappointing Eurozone GDP

The EUR/USD was back on the defensive Friday, giving up the previous session’s gains after government data showed an unexpected slowdown in Eurozone growth. The...

European Stocks Rise amid Draghi Guidance, US Jobs Slowdown

European stocks continued to rally on Wednesday after Mario Draghi reiterated the European Central Bank’s commitment to support the euro area economy, as investors...

EUR/USD Recovers 1.10 as Eurozone Emerges from Deflation

The EUR/USD rebounded Friday, regaining the psychological 1.10 level after official data showed that the Eurozone emerged from deflation in October. Consumer inflation in the...

EUR/USD Holds 1.10, but Downside Risk Remains

The EUR/USD was little changed on Monday, holding above the psychological 1.10 level after plunging 3% last week on signs the European Central Bank...

Global Stocks Roar Back on China Rate Cut, Draghi Guidance

Global stocks surged Friday after China cut interest rates for the sixth time in a year, adding to optimism that the European Central Bank...

European Stocks Rally, Glencore Up 12%

European stocks rose sharply at the start of the week, with Anglo-Swiss miner Glencore gaining more than 12%, as a weaker than expected US...