ECB FORECAST – Way OFF

March 7, 2019 10:23 am / Published in ECB
Updating forecast are normal but when the ECB lowered growth by 35% is a big deal. EUR/USD MOVED to 1.12 on that update Third party data: ECB cuts the growth forecast for 2019 to 1.1% from previous forecast of 1.7%. ECB also cuts inflation outlook to 1.2% from 1.6%. https://www.reuters.com/article/us-ecb-policy-text/ecb-statement-following-policy-meeting-idUSKCN1QO1Q9

#FED TOMORROW

February 20, 2018 4:47 pm / Published in ECB, FED
The U.S. Federal Reserve releases minutes from its last rate-setting meeting that was held in the end of January. Policymakers decided to stand pat but the central bank is widely expected to raise interest rates again in mid-March. The minutes will likely show the Fed remains on track for rate rises this year unless inflation

STOXX 600 Earnings Outlook

January 30, 2018 2:57 pm / Published in * Randbots.com, ECB, Employment, EU, EUR, EUR/USD, Europe
STOXX 600 Earnings Outlook as of the close of today Fourth quarter earnings are expected to increase 11.9% from Q4 2016. Excluding the Energy sector, earnings are expected to increase 9.8%. Fourth quarter revenue is expected to increase 0.3% from Q4 2016. Excluding the Energy sector, earnings are expected to increase 0.5%. 27 companies in

$ECB key notes and $USD

March 10, 2016 10:54 am / Published in ECB, USD
Highlights Interest rates on overnight deposits by banks are cut by 10 basis points to -0.4%. The benchmark rate is cut to zero. Amount of bonds to be purchased per month has been raised to 80 billion euros. ECB can now purchase corporate bonds. Dollar and European stocks are flying.

$ECB and trades on $CL and $SPX

March 9, 2016 8:50 am / Published in CL, ECB, Oil, SPX
The overnight trades are Short ES from 7:33  and Short CL 7:42 European Central Bank (ECB) will announce its policy decision tomorrow morning. Smart Money is optimistic that Draghi can thread the needle between stimulating economy and not hurting the banks with negative interest rates. In addition to the policy statement, the press conference will be

$VIX No reason not to worry $BearMarket

January 21, 2016 5:21 pm / Published in ECB, USD, VIX, VXX
Remarks by ECB President Mario Draghi raised hopes for further monetary stimulus and buoyed stocks, while the euro traded lower against the dollar. Oil rebounded from 12-year lows on short covering. Treasuries fell on weak investor demand at $15 billion auction of 10-year TIPS and gold futures slipped.