EU moves further from austerity to structural reforms

Note: This section contains information in English only.
Source: Reuters
© Scanpix/Reuters
The European Commission will say on Wednesday that austerity in the Eurozone should continue, however, it could be done at a slower pace than before. This comment will come as the EU reconsiders its policy focus and moves from fiscal consolidation to structural reforms. The Commission will give more time to decrease budget deficits with a condition of further labour-market reforms in order to boost competitiveness and employment.
Back to articles

Actual Topics

Tue, 28 May 2013 07:56:09 GMT

U.S. Dollar advances ahead consumer confidence data

The Dollar Index, which tracks the greenback performance against six major counterparts, was higher by 0.2% to 83.89 by the midday trading session in Tokyo on Tuesday. Investors are optimistic about the Dollar, as economists say that consumer confidence data will improve and home prices will be higher in the biggest world's economy.

Tue, 28 May 2013 07:13:16 GMT

Yen depreciates as Asian stocks rise

Japanese Nikkei 225 index dipped 1.4% at the beginning of the Tuesday's session only to rebound and surge 1.4% later in the day. The growing stock market encouraged investors to sell the Yen, which lead to the Dollar's appreciation of 0.9% to 101.86 Yen. MSCI's index of shares outside of Japan jumped 0.2%, while Australia's .AXJO and South Korea's .KS11

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.