Draghi: Eurozone to have period of low inflation

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
After the decision to lower the benchmark interest rate to 0.25%, the President of the European Central Bank Mario Draghi said on Thursday that the Eurozone is going to have a period of quite a low level of inflation. At the same time, the ECB President does not expect the deflation in the region. Moreover, after some time the inflation pace will get closer to the key level of 2%.
Back to articles

Actual Topics

Thu, 07 Nov 2013 17:19:04 GMT

Euro drops on unexpected ECB decision to cut interest rate

The European currency depreciated 1.1% to $1.3369 as of 2:50 p.m. in London, after it touched $1.3269, the seven-week low, as European Central Bank unexpectedly decided to cut its interest rate at the record low of 0.25% explaining such a decision as a measure to support economic growth in Eurozone. The Euro slipped 0.5% to 132.66 Yen and sank 0.7%

Thu, 07 Nov 2013 16:07:23 GMT

German manufacturing slows despite positive expectations

Manufacturing production in the largest economy of the Eurozone declined 0.9% in September of this year, while the majority of experts forecasted the output to advance slightly 0.2% from a month earlier. Meanwhile, the data for the previous month was upgraded to the increase of 1.6%. On the annual basis, the industrial production in Germany added 1%, while the pace

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.