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.

Market Insights Podcast - BOJ and ECB in the focus with US PCE inflation

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events; another horrendous start of the week for China and the Hong Kong stock markets, as they continued to plummet with the Hang Seng China Enterprises Index that recorded a daily loss of -2.44%, edging closer to almost a two-decade low. Market participants seem to be getting impatient with Chinese top policymakers in terms of the current pace and magnitude of stimulus measures.

22-01-2024 20:09 GMT by Kelvin Wong

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EUR/GBP - Has the time come for the ECB to pivot?

ECB meeting on Thursday Markets expecting the first rate cut in April EURGBP trading near summer lows ahead of the meeting Markets are pricing in a lot of rate cuts from the ECB this year and we could learn on Thursday whether they are correct to do so. The central bank has been resistant to speculation that it could be preparing to cut rates in March and that level of pushback has encouraged traders to push back the first move to April but it's still pricing in 125 basis points

22-01-2024 12:23 GMT by Craig Erlam