The European Central Bank (ECB) has kept its main interest rate unchanged at zero for another month.
It was also decided not to change the ECB’s bond-buying stimulus scheme, which was extended last month amid worries about economic growth.
European Central Bank
Market News Briefing – December 9th 2016 09:45 (GMT+1)
The European stock markets opened the trading day with price rises, although yesterday the ECB cut the quantitative easing, he will extend its validity.
Market News Briefing – December 8th 2016 12:45 (GMT+1)
The European interest rate remained unchanged, at 0.00%.
Also, the European Central Bank says it will extend its asset purchase program at 60 billion euros a month, starting in April.
Market News Briefing – November 24th 2016 12:30 (GMT+1)
The European Bank warns growing political uncertainty Island threatening the Euro zone.
According to a report published by the Bank under the leadership of Mario Draghi said that the uncertainty towards political decision coming in Europe (led by referendum in Italy and the French elections), along with a change in policy expected in the US, pose questions about the possibilities of growth and inflation in the countries in the European block, and lead to correct back in markets.
Market News Briefing – November 18th 2016 12:00 (GMT+1)
The recovery of the Euro zone economy is heavily dependent on incentives provided by the European Central Bank, said today the chairman of the bank, Mario Draghi.
These comments suggest that the bank may decide to increase the “quantitative easing” – ie bond purchases Bank , at the next meeting in December.
Market News Briefing – November 18th 2016 08:30 (GMT+1)
The trading on the European stock exchanges opened with gains, towards of the speech of Mario Draghi, the President of the Central Bank.
Market News Briefing – November 15th 2016 09:45 (GMT+1)
Europe’s leading stock markets are trading with slightly rising prices when the German Dax index rising by 0.1%, the British FTSE rising by 0.9% and the French CAC added 0.6% to its value.
Market News Briefing – Oct. 21st 2016 08:05 (GMT+1)
The Euro fell to its lowest level in seven months against the US dollar, in light of the remarks made by European Central Bank head Mario Draghi which weakened the Euro and boosted the dollar.
Draghi sign that the policy makers may extend its bond purchase target beyond the date set for March.
He also denied earlier reports that the central bank is considering to reduce the volume of quantitative easing, and with that he provided another signal to sell Euros.
Market News Briefing – Oct. 20th 2016 12:45 (GMT+1)
The European Central Bank left interest rates unchanged at its base interest rate zero.
Market News Briefing – 14:00 (GMT+1)
The president of the European Central Bank (ECB), Mario Draghi, signaled today that the bank will consider adding other incentives later in the year when the economic influence of the British decision to withdraw from the European Union will become clear.