Tags » Draghi

European Central Bank head Draghi says stimulus still needed


FRANKFURT, Germany/February 6, 2017 (AP)(STL.News) — The head of the European Central Bank says that its monetary stimulus efforts are still very much needed to support the continent’s economic recovery — despite the recent spike in inflation in …
http://bit.ly/2kzLVcJ

Hail Zorp! The Fed's Open Market Committee On Wednesday Feb 1 At 2PM EST

Hail Zorp, the Surveyor! Or Zorp, The Federal Reserve Chair.

Yes, Janet Yellen and the Federal Reserve Open Market Committee (FOMC) will announce their plans on Wednesday February 1 at 2pm, EST. 121 more words

Banking

Why ECB Dovishness Will Actually Boost the Euro

Mario Draghi is one of the better communicators in modern central banking. Everything he conveyed during the ECB’s 19th of January press conference was intentional. Each time he was presented with questions about whether the ECB should consider winding down its bond buying program faster in light of strengthening economic and inflation data he repeatedly stated, “it wasn’t discussed.” The last thing the native Italian central bank chief wants is a market eager to front run an accelerated QE taper, causing an unstable spike in Eurozone bond yields and in the value of the euro. 359 more words

Draghi Admits EU May Breakup For First Time 

From Armstrong Economics, by Martin Armstrong

For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. 310 more words

Darth Mall? Mall Owners Rush To Get Out of the Mall Business (The Obama/Fed Nonrecovery)

The anemic Obama/Fed recovery coupled online shopping retailers were a 1-2 punch against shopping malls. Or in Star Wars lingo, Darth Mall has appeared.

Wall Street Journal By Esther Fung —  More mall landlords are choosing to walk away from struggling properties, leaving creditors in the lurch and posing a threat to the values of nearby real estate. 1,000 more words

Banking

EUR/USD in Choppy Waters as Dovish Draghi at Odds with Better Data

By Christopher VecchioSr. Currency Strategist

Fundamental Forecast for EUR/USD:Neutral

– EUR/USD continues to grind higher, finishing the week up just +0.56% at 1.0698. 550 more words

Euro and Dollar Won’t Be Equals Just Yet

Risk aversion is a supporting factor for the single currency

By RICHARD BARLEY
The wall Street Journal

Updated Jan. 23, 2017 9:10 a.m. ET… 93 more words