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Jul 27, 18 •
1732 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB kept the policy unchanged and stays on track towards ending the bond purchase scheme
As a widely expected decision yesterday, the European Central Bank had decided to leave the interest rates on hold, which are to remain unchanged throughout summer of 2019. The aim of ECB is to end the bond purchase scheme by the end of 2018 due to the fact...
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Jul 26, 18 •
1850 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Brexit influence on Banks and shifting jobs from Britain
As the Brexit date is approaching, British banks have been advised to draft a plan on how they are going to cope with the staffing and operations in the new basis to be opened in the European Union. According to Reuters, a shift in banking jobs in Britain is...
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Jul 25, 18 •
1634 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone business growth slows again in July, caused by continuous trade war fears with the US
On Tuesday the Euro zone flash services PMI showed that the new order inflows and reduced business expectation of future activity are signaling a lost momentum at the beginning of the 3rd quarter. The reading came at 54.4 as opposed to the forecasted 55.0,...
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Jul 23, 18 •
1636 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Bitter China-US trade conflict influences China’s fiscal policy debate; Trump threatens to impose tariffs on $500 billion Chinese imports
On Friday Reuters had reported on the policy debate of China, as how to best cope with the slowing growth, where analysts have commended the Chinese authorities to boost fiscal stimulus during the rising risk of the trade conflict with the United States....
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Jul 20, 18 •
1557 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Australia’s employment change readings surprises investors; US jobless claims lowest since 1969; UK retail sales fall in June
Amongst the important macro-economic news releases yesterday, the first results came from Australia and had pleasantly surprised the economists, beating their expectations by surging more than triple in June, where 50,900 positions were added compared to the...
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Jul 19, 18 •
1258 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Escalated US led trade war is killing the world economy
On Wednesday, according to Reuters, Chinese foreign ministry has warned that the biggest confidence killer for the global economy is the US driven trade war and predicts that the whole world would at the end fight back if the United States continues being...
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Jul 13, 18 •
2073 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on EU industrial production increases in May; US jobless claims decrease to two month low, while core CPI lower than expected
On Thursday the investors were concentrating on the macro economic news releases mostly from Europe and the US, tracking the state of both economies. From the euro zone, positive news came regarding the May industrial production which rose by 1.3%, as opposed...
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Jul 12, 18 •
1777 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on ECB still hawkish on the timing of rate hike; EU leaders concerned over US NATO alliance
On Wednesday, French Central Bank Governor, Francois Villeroy de Galhau stated that the ECB may rise interest rates at the earliest through the summer of 2019, which had a slightly different wording than the previous ECB statement of unchanged rates through...
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Jul 11, 18 •
1437 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on UK economy grew on a solid pace in May giving confidence to BoE for rising interest rates
According to the data release on Tuesday, UK economy grew 0.3% month-on-month in May, providing a recovery from a slowdown we have witnessed at the beginning of the year, with just 0.2% growth in the first three months. The positive numbers are expected to...
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Jul 10, 18 •
1725 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on EU Sentix Investor Confidence higher in July; ECB takes a ‘wait and see’ approach to any policy change
On Monday we have seen a rather quiet day regarding the macro-economic news, with the EU investor morale in the center of attention. The EU Sentix investor confidence rose in July, showing a higher investor morale and ending a 5 month decline. However,...