ECB holds rates at 0% and keeps its forward guidance unchanged The European Central Bank (ECB) kept rates unchanged on Thursday, in what marked President Mario Draghi’s last monetary policy meeting before Christine Lagarde takes over. Lower growth The euro zone is seeing lower growth – in part held back by globalRead More →
Opinion Are alarm bells ringing or is it just the usual general cyclical market noise? The overall concern to many investors and analysts at the moment is that the global economy has shifted from synchronised growth to one in which expansion is now decreasing. Many of the major countries aroundRead More →
What is Repo rate and what happened in the U.S. money markets recently Definition: Repo is short for repurchase or repossession. It is the discount rate at which central banks repurchase government securities from the commercial banks. It depends on the level of money supply it decides to maintain inRead More →
Australia cuts key interest rate The Reserve Bank of Australia cut its key Bank Rate by 0.25% to a new record low of 0.75%. The economy grew at its slowest pace in Q2 2019 for a decade. Other market moving news roundup China celebrates 70 years of Communist rule withRead More →
UK Inflation rate falls to 1.7%. The Office for National Statistics says the Consumer Price Index for August fell from 2.1% to 1.7% The inflation rate has fallen noticeably in August down to its lowest level since late 2016. The Bank of England’s inflation target is 2% The Bank ofRead More →
The FOMC start their two day meeting today, Tuesday with a final interest rate decision to be announced on Wednesday. The outcome of this meeting frequently affects markets and this one will hold no exception as investors anticipate another reduction – but will it come? Trump wants a substantial rateRead More →
ECB unveils new plan to prop up the slowing euro zone economy, yet again European Central Bank cuts deposit rate and launches new bond-buying program Bad news is good news? It’s a case of bad news is good news again for the markets as the president of the European CentralRead More →
Market moving daily news roundup – events & news likely to move markets 22nd August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic news calendar 22nd August 2019 main market moving scheduled events Australia – manufacturing PMIRead More →
Market moving daily news roundup – events & news likely to move markets 19th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic news calendar 19th August 2019 main market moving scheduled events Japan – trade balance,Read More →
Mortgage best buys – fixed term deals – part two You’ll find suggestions here, not recommendations. If you are a first time buyer please seek financial advice before making any decision. In fact, whatever your situation – take financial advice first. The mortgage information supplied is best suited to re-mortgagingRead More →