Eurozone inflation rose to zero in April April 30, 2015 Eurozone inflation rose to zero in April, ending a fourth-month stretch of price declines across the euro area. A flash estimate from official statistics agency Eurostat showed that Eurozone annual inflation was flat in April, having risen to -0.1 per cent a month earlier. It's up considerably from a low of -0.6 in January. The biggest [...]
Eurozone inflation rose to -0.1 per cent in March April 17, 2015 Data released today showed the Eurozone is fighting tooth and nail to claw its way out of deflation, as prices rose for the second month straight, easing fears it could enter into a prolonged period of price falls. The single currency area's annual inflation rate rose to -0.1 per cent in March, up from -0.3 [...]
Is the Eurozone recovering? What traders need to know April 13, 2015 Improving credit conditions point to sustained growth. The Eurozone economy seems like it might finally be back on track, with stock markets rallying and greater confidence that activity is picking up in a region that has long been mired in crisis. Although German shares and the FTSE 100 fell slightly yesterday, European stocks are [...]
Eurozone deflation: Consumer prices fell 0.1 per cent in March March 31, 2015 While inflation in the Eurozone fell for a fourth consecutive month in March the rate of decline slowed again, meaning it's even closer to returning to inflation. Consumer prices fell 0.1 per cent in March in line with analysts expectations, and up from -0.3 per cent last month, according to a flash estimate from Eurostat, [...]
One chart showing the biggest risk to the global economy March 30, 2015 The biggest risk to the global economic recovery is a renewed Eurozone crisis. That's according to 41 per cent of 167 conference attendees in Hong Kong and just over half of the 184 in Singapore. It's a significant jump from a year earlier when it was cited by just 12 per cent and 13 per [...]
Mario Draghi defends ECB policy decisions after QE rollout March 23, 2015 European Central Bank (ECB) chief Mario Draghi yesterday hit back at claims that new monetary policy measures would reduce the need for governments to undertake reforms, ultimately harming growth prospects. “Do you really think a high level of interest rates would form an incentive for a government to improve its education system, or judiciary, or [...]
Is the ECB speaking too soon in saying that QE is already helping the Eurozone economy? March 19, 2015 Danae Kyriakopoulou, an economist at the Centre for Economics and Business Research, says Yes Central bankers in Frankfurt have been patting each other on the back as the euro has continued to slide. At first glance, why shouldn’t they? Their QE has sent the euro tumbling, making Eurozone exports more competitive and raising prospects for [...]
Euro loses one per cent against the dollar as markets feel the impact of quantitative easing March 10, 2015 The euro has fallen further against the dollar today, after the European Central Bank (ECB) launched its much-anticipated quantitative easing programme. The single currency briefly fell below the $1.07 mark in late afternoon trading, or down more than one per cent, taking it to its lowest level since 2003. It wasn't helped by the [...]
European markets dip as quantitative easing begins March 9, 2015 European markets fell in early trading as the European Central Bank finally launched its €60bn-a-month (£43bn) quantitative easing programme. The FTSE 100 fell 0.59 per cent, while Germany's Dax dropped 0.39 per cent and France's Cac fell 0.61 per cent, as investors showed their caution over the programme, which is designed to lift Europe out [...]
The Eurozone’s quantitative easing programme is about to start – here’s what you need to know March 8, 2015 Tomorrow is the launch of the Eurozone's long-awaited quantitative easing programme, as the European Central Bank (ECB) starts buying back €1trn (£720bn) worth of bonds from the bloc's member states. The scheme, which aims to boost Europe's economy, was finalised on Thursday, with ECB President Mario Draghi citing the success of similar programmes launched by [...]