Tag Archives: ECB

The risk-related sentiment is still the main market driver during the US trading session. Safe-haven assets surged higher at the weekly opening amid escalating war between Russia and Ukraine. The sentiment temporarily improved the early US session amid peace talks. However, such talks concluded no decisions. A new round of …

European Central Bank President Christine Lagarde said on Friday that the central bank stands ready to take whatever action is needed to ensure price stability and financial stability in the Eurozone.Lagarde said that it would be premature to assess the exact impact of the conflict in Ukraine just yet, but …

ECB executive board member Isabel Schnabel issued some comments, Thursday, on the central bank’s monetary policy. Schnabel said “It is now becoming increasingly likely that, in the medium term, inflation will approach our 2% target from above, not below”. Additional QuotesReversing the current exceptional measures has the potential to mitigate …

The EUR/USD slides, on Wednesday, as Ukraine – Russian tensions increase and US intelligence community reported that Russia could invade Ukraine within the next 48 hrs. During the day, the EUR/USD reached a daily high at 1.1358, but worsened market mood witnessed ebbs flowing to the greenback. At the time …

European Central Bank governing council member and Bank of Spain head Pablo Hernandez De Cos said on Wednesday that the surge in Eurozone inflation is lasting longer than expected and is largely a result of energy. There are inflation risks to the upside and are most in the short-term, he …

Eurozone’s Inflation came in at 5.1% in January, on a yearly basis, according to Eurostat’s final reading of the Eurozone CPI report for the month. The reading was in line with the estimates of 5.1% and 5.1% previous. Core figures rose by 2.3%, matching the 2.3% consensus forecasts. When compared …

On Wednesday, the UK’s Office of National Statistics (ONS) revealed higher than expected inflation figures. The conflict between Russia and Ukraine weighed on the single currency. The EUR/GBP breach of 0.8345 would exacerbate a fall towards 0.8300.On Thursday, as the American session progresses, the EUR/GBP drops for the second consecutive …

The ultra-low inflation seen in the euro zone until recently are unlikely to return even after the pandemic is over, the European Central Bank’s chief economist Philip Lane said, citing changes in the global economy among other factors.Lane had dismissed the notion of a new era for inflation until recently …

Some European Central Bank officials are coming under increasing heat from Eurozone governments as accelerating inflation stokes tension.Governing Council member Peter Kazimir of Slovakia defended the Frankfurt-based ECB on Wednesday against his country’s economy minister, Richard Sulik, who said asset purchases under the bank’s quantitative easing program were hurting consumers. …

The market mood improved on Tuesday as market players rushed to price in a de-escalation of the Russia-Ukraine tensions after the Russian Minister of Defense announced that some of the troops at the border would return to their bases.Nevertheless, comments from Russian President Vladimir Putin released during the American afternoon …