Next Thursday, the Governing Council of the European Central Bank (ECB) meets on monetary policy and the controversial question will be whether this time the prospect of lowering its interest rates will be officially discussed. In September, interest rates rose for the last time in the upward cycle that began in July 2022, with the … Read more
Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more
Europe’s top bank watchdog is sounding the alarm! Claudia Buch (57) is chairwoman of the European Central Bank’s banking supervisory board: She keeps an eye on the banks in the euro zone. Buch is now urging financial institutions to be more vigilant. Because: The success of the business model is in danger, says Buch – … Read more
It is said that economic forecasts mainly serve to make astrologers seem a little more credible. A look at the success of last year’s predictions adds weight to this not very flattering bon mot. Instead of the most expected recession in history, the US economy expanded at a rate of 5.2 percent in the third … Read more
I breathe for those who have taken out a mortgage and for those other people who plan to do so in the future. And all because, after a year and a half of rate increases, the Euribor has changed its trend. Thus, the index that is used every month as a reference for the calculation … Read more
According to quarterly barometer Challenges-Meti-banque Palatine, a majority of business leaders (50.9%) have revised their investment plans downwards, or planned to do so. It is true that the share of those who see their financial costs increase is now nearly 75%, compared to 68% during the September 2023 survey. For Frédéric Coirier, CEO of the … Read more
Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more
Global government bonds got off to a cautious start to the year as traders scaled back bets on major central banks cutting interest rates significantly this year. Germany 10-Year Treasury Bond YieldOn Tuesday (2nd), it jumped 9 basis points to 2.11%, a new high in more than two weeks, while the UK 10-Year Treasury Bond … Read more
2′ reading (Il Sole 24 Ore Radiocor) – Archived an octave marked by caution, at the mercy of monetary policy decisions, European stock markets open the first session of the week with a decline, in the wake of the weakness of Asian stock markets. Tokyo closed lower, with the Nikkei index at -0.64% and the … Read more
/nginx/o/2023/11/01/15691725t1h194e.jpg?fit=%2C&ssl=1 "Latest Statistical Data: Eurozone Inflation at 27-Month Low – ECB President Kazak Discusses Potential Rate Cuts and Economic Outlook")
In an interview after the publication of the latest statistical data, which shows that inflation in the Eurozone fell to the lowest level in 27 months in October, Kazak stated that a sharp drop in economic activity or an increase in unemployment might be necessary to consider such a decision. “There is no need to … Read more