Tags » Draghi

Euro Set to Rise on Reversal of Deeply Negative Bond Yields

Real interest rates are deeply negative in much of the Eurozone due to the combination of interest rate repression by the ECB’s bond buying program plus above-target inflation. 324 more words

ECB Preview: subdued wage and core inflation prospects mean it's too early to tone down forward guidance

This piece argues that, despite recent improved €Area inflation and activity data, Draghi is likely to reiterate a highly-acccommodative ECB policy stance at Thursday’s press conference… 3,244 more words


Draghi & ECB Want to Regulate British Banks doing biz in the Eurozone

From Armstrong Economics, by Martin Armstrong

The ECB is living itself in La La Land. It is demanding that British Banks wishing to do business inside the Eurozone after BREXIT must obtain a license. 74 more words


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 …

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

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