News

09
Apr

Forex Focus: Time for the euro to end stagnation

April is the key month for the European Central Bank. As we enter spring, inflation is expected to start blossoming in the eurozone While the USA and UK are moving away from quantitative easing, the eurozone is considering some form of QE   If inflation doesn’t start picking up...

09
Apr

Renzi Cuts Italy Growth Forecast, Calls for Rich to Give

Italian Prime Minister Matteo Renzi cut the government’s forecast for economic growth and renewed his promise to slash benefits for top civil servants, saying the working poor are shouldering too much of the pain. Gross domestic product will expand 0.8 percent this year, Renzi said late yesterday in a...

09
Apr

Draghi Hunts for QE Assets in “Dead” Market

Photographer: Ralph Orlowski/Bloomberg Mario Draghi, president of the European Central Bank (ECB) Mario Draghi’s asset-purchase plan to ward off deflation may be lacking one key element: enough assets to buy. Since the European Central Bank President buoyed investors last week by saying policy makers backed quantitative easing as a...