European Central Bank cuts interest rates

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The European Central Bank has cut its Main Refinancing Rate, which is the base rate for all Euro debt. Namely, the rate is the base borrowing cost for the European currency. The rate has been reduced from 4.25% to 3.65%, as expected by market analysts.

The Euro is reacting to the news by increasing volatility, but the rate remains at prior levels, as the markets were correct.

Markets expected the ECB to cut rates down to 3.65%, as the central bank policymakers have been commenting to the public that they intend to continue to reduce the rate. Inflation in the EU has subsided, which indicates that rates can be reduced. Meanwhile, GDP growth has stalled, and in some countries has begun to shrink. The GDP dynamics indicate that stimulus is needed.
Back to articles

Actual Topics

Thu, 12 Sep 2024 12:31:50 GMT

US producer prices are above expected

The US Bureau of Labor Statistics has published the monthly Producer Price Index data sets. In general, the data revealed higher than expected price growth at the producer level. The US Dollar is reacting to the news by surging. Market consensus forecast was that the US Producer Price Index will increase on a month-to-month basis by 0.1%. Actual price growth

Wed, 11 Sep 2024 12:33:02 GMT

US Consumer Price Index moves markets

The United States Bureau of Labor Statistics has published the US monthly inflation data, the Consumer Price Index. In general, the inflation data met market expectations. Markets are reacting to the news by buying the US Dollar in favour of other assets. The Consumer Price Index month on month change was forecast to show an increase of 0.2%. Actual released

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.