Eurozone equity rally continues
But ECB set to change monetary policy’s direction of travel...
Tag : Eurozone
Decoupling Eurozone and US interest rates using unconventional monetary policy
In continental Europe, interest rates tend to swing with their US and UK counterparts only up to 2013 Benoit Mojon Interest rates tend to move together. In Figure 1, we report interest rates on Treasury bonds of five-year maturity for the Eurozone member states that have the best ratings, and for the US, the UK,...
Eurozone maintains strong momentum
Retail sales in November also add to optimism...
Tsipras confident of winning dispute with European creditors
Says there is room for breakthrough without blackmail...
ING to shed 7,000 jobs
Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
Dim outlook for Europe in 2016
Challenging political landscape, persistent high unemployment and a weak euro are a few of the challenges Suparna Goswami Bhattacharya February 2, 2016: Europe had been in the news in 2015, not every time for the right reasons though. Grexit, the Volkswagen scandal, migration crisis, Paris attacks were some of the low points which made economists...
Grexit avoided, but for how long?
Right now, the deal is just an agreement to reach a deal Carsten Brzeski July 14, 2015: After another marathon in Brussels, Eurozone leaders decided on a path towards a third bailout package for Greece. We are still waiting for the official and written summit declaration to be released but here is our first take...
Greek exit is cause for concern
Ignore the spectacle at your own peril, investors warned Nigel Green June 18, 2015: The Greek government seems determined to leave the euro – and investors should not ignore the noise coming from Athens. However, a properly diversified global investor has the least to fear. The European Commission is braced for a “state of emergency”...
ECB’s quantitative easing: Blessing or curse?
TeleTrade believes that the decision will delay economic reforms by Eurozone members February 3, 2015: The European Central Bank (ECB) on January 22 said that it will expand its asset purchase programme to €60 billion a month starting from March 2015 until September 2016. In aggregate, the asset purchasing programme will be over €1.1 trillion....
Spike in interest rates could hamper Islamic finance
Base rates are at record lows in Europe with the Bank of England having held its rate at 0.5% for five years now Tim Evershed November 26, 2014: A spike in European interest rates could pose a serious challenge to the growth of Islamic finance across the EU. Base rates of interest are at record...