ECB’s Draghi says incoming data has been weaker than expected

Last Updated On October 25, 2018 6:49 PM by Neal Bhai

Draghi: Significant stimulus still needed for inflation

Draghi says ECB ready to adjust all instruments as appropriate

Monetary Policy Decisions

Last Updated On October 25, 2018 5:22 PM by Neal Bhai

Gold Silver Reports (GSR) – At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.

China Adds to Stimulus Drip-Feed as Markets Stumble Again

Last Updated On October 24, 2018 8:37 AM by Neal Bhai

China is responding to the slump in its stock markets and the slowdown in the economy with a trickle of stimulus to stabilize, rather than rejuvenate, investor sentiment. The central bank plans to give 10 billion yuan ($1.4 billion) to China Bond Insurance Co. to provide credit support for debt sales by private enterprises

Five Questions for the ECB

Last Updated On October 22, 2018 8:29 PM by Neal Bhai

Growing concern about the impact of trade tensions on the economic outlook, another spike in Italian borrowing costs, fraught Brexit talks and volatility in world markets make for a colorful backdrop to Thursday’s European Central Bank meeting.

RBI Pause on Interest Rate Hike May Last Only Till December

Last Updated On October 22, 2018 10:39 AM by Neal Bhai

The minutes of the October policy meet show that RBI’s monetary policy committee members did not tone down their hawkishness or reduce their vigil on inflation when they had recommended a pause.

After Hike, Fed Minutes May Hint on Path Ahead

Last Updated On October 17, 2018 10:23 PM by Neal Bhai

MARKET PARTICIPANTS have a burning question for the Federal Reserve: How high will policy makers hike interest rates before pausing for a breather?

Damage Control In Saudi Arabia May Not Be Able To Stop The Capital Outflow

Last Updated On October 17, 2018 6:51 PM by Neal Bhai

The Saudi stock market is in turmoil. Investors are losing their confidence and pulling money out of the country. The disappearance of journalist Jamal Khashoggi, which has brought Saudi Arabia under the spotlight, proved to be a major market event. President Trump vowed “severe punishment” if the journalist was killed. Initially, the country’s Crown Prince, Mohammed bin Salman, denied knowledge about this death.