Tags » Bundesbank

Draghi's Desperation

The European Central Bank (ECB) faces a desperate situation. Remarkably low inflation is stealing its ability to ease the euro zone’s fiscal-financial strains and, consequently, its ability to buy time for the zone’s governments to implement desperately needed budgetary and economic reforms. 741 more words

Notes From Underground: CNBC -- EU Referendum

Click on the image to watch Rick and I discuss European referendums.

ECB

Notes From Underground: Mark Carney Lives Up to His Name (A Master of the Strange and Inane)

Did he really say that about currencies and sovereignty? In an article in tomorrow’s Financial Times it is reported that Mark Carney said during a Q&A that a “… currency union between England and an independent Scotland would be ‘ incompatible with sovereignty.'” Carney said a currency union needed three elements for success. 440 more words

ECB

Stellungnahme der Deutschen Bundesbank

Stellungnahme der Deutschen Bundesbank

Die Deutsche Bundesbank stellt zu den aktuellen Medienberichten über den Fall Maria Bögerl klar, dass die Filiale Ulm für professionelle Bargeldakteure, zu denen neben den Wertdienstleistungsunternehmen auch Kreditinstitute gehören, in der Zeit von 7:15 Uhr bis 16:30 Uhr durchgängig geöffnet ist. 33 more words

Stellungnahme der Deutschen Bundesbank

Stellungnahme der Deutschen Bundesbank

In einer ausführlichen Aussprache mit dem Haushaltsausschuss des Deutschen Bundestages hat Präsident Jens Weidmann die Sichtweise der Bundesbank auf die jüngsten Beschlüsse zur IWF-Mittelaufstockung mittels bilateraler Kreditlinien dargestellt. 132 more words

Notes From Underground: Mama, Don't Let Your Children Grow Up To Be Global Macro Traders

Well, NOTES FROM UNDERGROUND gets an A+ for analysis and an F or incomplete for EXECUTION. Caught off guard by Draghi’s timing, the market never provided a rally for the more cautious trader. 973 more words

ECB