Global stocks dip, Euro near 2-week high after ECB leaves rates unchanged

A gauge of global equity markets fell modestly and the euro strengthened on Thursday after the European Central Bank reaffirmed its commitment to run its bond-buying program as long as needed, but did not confirm a specific extension of the plan. However, with euro zone inflation still way below target and the ECB also trimming its 2017 growth forecast, Draghi said the bank was looking at options to enable it to pursue the money-printing program…

Central banks with negative interest rates may chase inflation expectations lower

Hyperactive central banks warn of ‘unmoored’ inflation expectations but may well be weighing the anchor themselves. Skewed by the oil price collapse of the past 20 months, headline inflation rates across Europe and Japan are currently near zero or even falling. Some economists now expect euro zone inflation for 2016 as a whole to be in the red and no longer dismiss the development as temporary monthly blips…

ECB considerig QE option mixed with risk-sharing across eurozone

(Reuters) – The European Central Bank is considering a dual approach to government bond purchases which would involve both it buying debt and sharing the risk across the euro zone and, in a nod to German qualms, separate purchases by national central banks. Sources familiar with the discussions said such a bond-buying option, also known […]

Top 10 Weekly Forex Market Headlines – 11.14.2014

1. How BOJ’s Kuroda made last-minute proposal to keep his inflation target November 10, The main purpose of the Bank of Japan policy board meeting Oct. 31 was supposed to be updating economic forecasts, not making policy changes. But as board members submitted their forecasts, an alarming pattern emerged, according to people familiar with the […]

ECB survey shows gloomier euro zone growth, inflation outlook

(Reuters) – Professional forecasters have cut their outlook for euro zone inflation and growth, underlining a trend that could prompt the European Central Bank to take more action to kick-start the region’s flagging economy. The 61 economists, academics and others surveyed by the ECB expect euro zone inflation of 1.0 percent next year and 1.4 percent in 2016…

ECB sovereign debt purchases up to 50% chance after BOJ move: Reuters poll

(Reuters) – There is now an even chance the European Central Bank will buy sovereign bonds, according to a Reuters poll of traders taken after the Bank of Japan shocked markets by unexpectedly expanding its already massive asset buying programme. “The move by the BOJ is likely to put more pressure on the ECB to […]

Top 10 Weekly Forex Market Headlines – 10.31.2014

1. ECB says 13 banks still need $12 billion in extra capital October 27, Hoping to quell years of anxiety about Europe’s financial health, regulators said Sunday that all but 13 of the continent’s leading banks have enough capital to ride out another economic storm. The European Central Bank and the European Banking Authority announced […]

Daily Forex Market Review 10/31/14 (+65 pips)

Today’s Trade Result: +65 pips Let’s analyze the market and review the events that took place over the weekend during the Asian and the European market hours. We’ll analyze these news as we analyze the news and look into today’s US market session. We’ll focus on relevant news, public comments, and any high impact releases […]

Daily Forex Market Review 10/16/14 (+35 pips)

Today’s Trade Result: +35 pips Let’s analyze the market and review the events that took place over the weekend during the Asian and the European market hours. We’ll analyze these news as we analyze the news and look into today’s US market session. We’ll focus on relevant news, public comments, and any high impact releases […]

Top 10 Weekly Forex Market Headlines – 10.10.2014

1. Greece eyes budget surplus of 2.9% in 2015 October 6, Greece will aim to achieve a primary budget surplus of 2.9 percent of output next year, just shy of the 3 percent target set out under its bailout deal, its deputy finance minister said in an interview published Saturday. The target is part of […]

A falling euro could be beneficial for the euro zone economy

(Reuters) – Grappling with an ailing euro zone economy and stagnant prices, the European Central Bank is hoping that help will come from something it cannot control: the value of the euro. As Washington prepares to stopper the supply of cheap money that has been helping it revive the United States, the euro has started […]

Top 10 Weekly Forex Market Headlines – 10.03.2014

1. U.S. consumer spending, personal incomes rise in August September 29, Steady consumer spending and income gains have put the U.S. economy on track for solid growth in the third quarter. Household outlays rose a seasonally adjusted 0.5% in August from the prior month, rebounding from a flat reading in July, the Commerce Department said […]

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