Displaying items by tag: ecb

Tuesday, 22 September 2015

News

Euroarea consumer confidence unchanged in September

In September 2015, the DG ECFIN flash estimate of the consumer confidence indicator decreased in the EU (by 0.8 points to -5.5), while it remained broadly stable in the euro area (-0.2 points to -7.1) compared to August. This was in line with market forecasts. Read more...

Wednesday, 09 September 2015

News

Euro stable in an uneventful European trade

Economic growth in the eurozone is being underpinned by healthy household consumption, while businesses and government's remain reluctant to invest, despite the European Central Bank's monetary easing driving down benchmark borrowing costs.Domestic demand slowed during the second quarter, with household consumption easing and investment spending falling by 0.5% compared with the first three months of the year, a development that will worry policy makers since it hints at a loss of confidence among businesses and households.

Draghi says ECB will closely monitor incoming data

As it was largely expected ECB left its interest rates unchanged. At the following press conference ECB President Mario Draghi said that ECB doesn't commit to more QE, but will use all tools within its mandate if needed.

ECB should be ready to add more stimulus

With no major data releases from Eurozone, investors are speculating what should next ECB move be.The European Central Bank is less than one-third of the way into a program to pump more than $1 trillion into the eurozone economy, but it already faces pressure to do more amid global growth concerns, volatile financial markets and the sharp decline in oil prices.

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Euroarea consumer confidence unchanged in September

Euro stable in an uneventful European trade