European Central Bank (ECB) news

The European Central Bank (ECB) is the central bank for the Eurozone, responsible for monetary policy. Its primary objective is to maintain price stability within the 20 member states using the euro. The ECB uses various monetary policy tools to guide the Eurozone economy and support sustainable growth.

Markets Weekly Outlook - Trump 2.0 Takes Flight as BoJ Decision Looms

It was a strong week for US stocks and gold, with the S&P rising about 3% by the end of the week. Markets are bracing for potential volatility and policy surprises as Donald Trump is inaugurated as US President.

17-01-2025 12:53 GMT by Zain Vawda

EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming

Pronounced weakness in manufacturing activities in Germany may spread to the broader Eurozone. ECB may be forced to remove its “restrictive monetary policy” forward guidance next Thursday and evolve into a “recession fighting” move. The medium-term downtrend of EUR/USD remains intact but a mean reversion corrective rebound may occur first below 1.0770 key medium-term resistance.

06-12-2024 04:17 GMT by Kelvin Wong