Ewald Nowothy: no deflation in the Eurozone

Note: This section contains information in English only.
Source: mninews

The member of the ECB, Ewald Nowothy, reassured today that there will not be deflation in the Eurozone. The inflation rate in the euro-zone is decreasing slower than expected and despite weak economic growth there are no signs of вЂ?deflation scenario', he added. The HICP inflation is likely fall to 2% in 2012 and to 1.5% in 2013, according to the ECB forecast.

Back to articles

Actual Topics

Fri, 09 Dec 2011 13:46:04 GMT

European stocks climb and euro strengthens after the summit

European shares, shared currency and US market index futures rebounded after region's officials agreed on bolstering the rescue fund and restrict budget rules to tackle area's debt crisis. Overnight talks added $267 bn firepower and stricter anti-deficit regulations.  Stoxx Europe 600 Index gained 1.2% erasing morning loss, futures on Standard & Poor's 500 jumped 1% while euro added 0.5% reaching $1.3405. In contrast, Italian bonds

Fri, 09 Dec 2011 14:01:50 GMT

UK exports rises narrowing trade deficit

UK's exports reached a record of ВЈ26.5bn while the import declined to ВЈ34.1bn in October from ВЈ34.6bn in September. As result, country's trade deficit narrowed significantly to a record level of ВЈ7.6bn in October as compared to ВЈ10.2bn in the preceding month, reported the Office for National Statistics. However, analysts claim the improvement is not sustainable.

Subscribe to "Fundamental Analysis" feed

Souscrire
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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.