-
Central Bankers Are Expressing Concern About The Financial System's Preparedness For A Cyber Attack
Tuesday, December 3, 2019 - 1:11pm | 777Read More...Technology executives are worried about cybersecurity, as are bank executives. Now, central banks are expressing concern as well. Multiple reports over the past few weeks suggest that the central bankers are beginning to step into the fray on the issue, and are considering ways that the...
-
3 Europe ETFs Hitting New Highs
Tuesday, November 5, 2019 - 10:27am | 774Read More...European stocks and the related exchange traded funds are unlikely to catch their U.S. rivals, but there's no denying there's some momentum building for riskier assets across the pond. The S&P Europe 350 Index is higher by 7.13% over the past month, bringing its year-to-date gain to...
-
Fiscal Stimulus May Not Cure What Ails Europe ETFs
Friday, October 11, 2019 - 10:00am | 506Read More...Eurozone stocks and the related exchange traded funds haven't been all that bad this year. The SPDR EURO STOXX 50 ETF (NYSE: FEZ), for example, is up 12.26%. That sounds pretty good until acknowledging FEZ is trailing the S&P 500 by about 500 basis points. FEZ tracks the EURO STOXX 50 Index...
-
ECB Chimes In: Hints Of Rate Cut Could Support Ahead Of Amazon, Alphabet
Thursday, July 25, 2019 - 11:10am | 2339Read More...This morning delivered a diversion from the steady drumbeat of earnings with an update from the European Central Bank (ECB). The ECB finished its meeting today without announcing a new rate cut, but hinted strongly that one could happen in September. The ECB hasn’t cut rates since 2016, and...
-
EUR/USD: Extending The Up Move
Monday, July 15, 2019 - 10:29am | 364Read More...EUR/USD keeps the bid tone in the 1.1270/80 band. The 21-day SMA at 1.1285 challenges bulls’ aspirations Trade, ECB easing, Fed’s rate cut seen ruling the sentiment. EUR/USD is extending the up move for yet another session on Monday, although the 1.1280/85 band has emerged as a tough...
-
EUR/USD: Heading For New Highs
Friday, June 21, 2019 - 11:33am | 790Read More...EUR/USD has been licking its wounds after ECB's Draghi sent it down on Tuesday. Tension has been rising ahead of the critical Fed decision later today. Wednesday's four-hour chart points to further falls. The Draghi show has stolen the show from the Fed. EUR/USD has been struggling to...
-
ECB Could Be Getting Set To Cut Interest Rates
Tuesday, June 18, 2019 - 8:32am | 229Read More...The European Central Bank could see rate cuts as a toolkit for new stimulus. On Tuesday, the European stock market recovered from early falls as ECB President Mario Draghi promised more monetary stimulus if the economy does not improve. ForexLive reports the Euro is under renewed pressure now as...
-
EUR/USD Rising Before Draghi Drags It Down?
Wednesday, April 10, 2019 - 10:11am | 565Read More...EUR/USD is trading in the upper part of the range. All eyes are on the ECB meeting, and later on the FOMC Minutes. The technical picture is improving for the pair. EUR/USD is trading in the upper half of the 1.1200 handles, rising gently as markets anticipate the all-important decision from the...
-
Benefits From Broad-Based USD Weakness, Upside Seems Limited Ahead Of ECB On Wednesday
Tuesday, April 9, 2019 - 10:25am | 525Read More...A combination of supporting factors helped the EUR/USD pair to regain positive traction and rally to over one-week tops on the first trading day of the week. The shared currency attracted some buying interest following the release of Euro-zone Sentix Investor Confidence index, which rose to -0.3 in...
-
Reasons To Cheer For The Greece ETF
Tuesday, April 9, 2019 - 8:36am | 499Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange traded fund dedicated to Greek equities, is up 22 percent this year. That's good for one of the better showings among emerging markets single-country ETFs and there could be reasons to expect more upside ahead for GREK....
-
The ECB Kept The Main policy rates unchanged in March
Thursday, March 7, 2019 - 10:47am | 412Read More...The ECB kept the main policy rates unchanged in March. The ECB changed its forward guidance on rates saying the change will not materialize until the end of 2019. The ECB launched the new series of TLTROs starting from this September. The ECB said the interest rate on the main refinancing...
-
Dreading Draghi, But These 3 ECB Drivers Could Drive The Euro Higher
Thursday, March 7, 2019 - 10:30am | 674Read More...EUR/USD is trading in familiar ranges around 1.1300. All eyes are on the ECB decision and the lower forecasts. The technical picture remains bearish for the pair. EUR/USD is hugging the 1.1300 level once again, trading in a narrow range as tension mounts ahead of the all-important decision by the...
-
The Eurozone Business Activity Fell To A Two-Year Low In October
Wednesday, October 24, 2018 - 9:29am | 370Read More...The manufacturing and services PMI in the Eurozone decelerated sharply losing 1.2 points on a composite basis to 52.7 in October. German private business activity decelerated to a three-and-a-half-year low in October. The squeeze is felt in new orders falling into contraction territory in Germany...
-
Having Some Ups And Downs: Market See-Saw Ride Seen Likely To Continue
Tuesday, September 25, 2018 - 10:32am | 1943Read More...The see-saw ride shows no sign of slowing down. After Monday’s losses, stocks appeared on the rebound Tuesday following overnight gains in Europe and Japan. Meanwhile, a Fed meeting starts today with futures prices indicating another hike, and Nike Inc. (NYSE: NKE) results await investors...
-
ECB's Hawkish Tweak
Thursday, March 8, 2018 - 1:18pm | 410Read More...By the ECB´s decision to remove the explicit pledge to buy more assets if necessary the pledge to keep on buying assets on monthly basis remained. The change in the ECB statement is a hawkish tweak although the ECB President tried to downplay it during the press conference. The fast is that...










