• Future Of ECB Monetary Policy Under Discussion

    Division Over QE The discussion around the likely direction that ECB monetary policy will take once Mario Draghi leaves as President is building in importance. Recent data weakness out of the Eurozone is creating more division around the potential use of further QE. Many of the key member states have noted their opposition to further […]

  • German Recession Fears Growing

    German Data Drops Again The latest data out of Germany this week has heightened fears over the Eurozone’s largest economy heading for a technical recession. Data released yesterday by IHS Markit showed weakness across all German PMI readings. The worst of the readings for the German economy was the September manufacturing PMI which printed just […]

  • EUR Bid Despite Fresh Wave of ECB Easing

    ECB opts For Range of Options It was a wild day for the Euro yesterday as traders reacted to the keenly anticipated September ECB meeting. In line with broad market expectations, the central bank announced a range of easing measures including a reduction in the deposit rate, the restarting of QE, the introduction of a […]