Market Analysis

25 Jan

The ECB maintained its Refinancing Rate at 0.0% yesterday, keeping its monetary policy unchanged but acknowledging the weaker global growth dynamic. ECB President Mario Draghi said in the press conference following the announcement that “risks have moved to the downside” rather than being “broadly balanced” previously. ...Read More

24 Jan

Markets once again staged a small recovery towards the end of the US session that has fed into Asian markets to start the day. The choppy conditions of recent days continue, as little progress is being made on the major issues concerning economic conditions. The clock ticks by for Brexit ...Read More

23 Jan

Earlier this morning the Bank of Japan released its Policy Rate decision, maintaining the policy rate at the -0.10% level. It revised its forecasts for Core CPI in 2019/2020 to 0.9% from 1.4% in October. For 2020/2021 it is revised to 1.4% from 1.5% and for 2018/2019 it is revised to 0.8% from 0.9%. ...Read More

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