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Tag: ECB

The Euro Below 99 Cents for First Time in 20 Years

European equity futures dropped, and the euro and pound sterling fell today, Monday as the energy crisis has been escalating adding pressure to an already stressed global economy troubled by soaring inflation and the tightening of monetary policies. At the same time, the U.S. dollar was firm as commodity currencies
blog fed keeps silent 8 7 21

Fed Keeps Silent on Inflation, ECB Changes Inflation Rates

Yesterday, the minutes of the June meeting of the Federal Reserve (Fed) was made public. The FOMC reveal divided views among Fed members leaving some of them concerned about the latest inflation data. Meanwhile, others believe that it may still be a temporary period as the economy recovers from the
blog new data releases 10 6 21

New Data Releases in Europe and the USA

On Wednesday, the markets were bearish. The Dow Jones closed the US session 0.44% lower, the Nasdaq was down 0.09% and the S&P 500 fell 0.18%. In Europe, the CAC 40 was up 0.19% and the Dax 30 closed with a decline of 0.38%. In addition, US retail sales figures