Tuesday, October 27, 2020

ECB on impact of Coronavirus (March 2)

Luis de Guindos, vice president of the European Central Bank, depicted the coronavirus as an additional " layer of uncertainty to global and euro area growth prospects,"

Japan’s Inflation Rate is still Far From BOJ’s 2 Percent Target

Japan's core inflation rate was on 0.7 percent in February, remaining distant from the Bank of Japan's 2 percent target.

Derivatives’s Credit Terms in Eurozone Tighten Further

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.

Americans have not been this optimistic about their financial situation — for the last...

69% of American is financially optimistic, reaching the highest level for the last 16 years.

Germany’s GDP Data might have been Distorted by Questionable Data

Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.

Signs of Eurozone Recession is More Apparent

The latest Purchasing Manager Index (PMI) for the two largest economies, Germany and France, is showing a clear sign of looming recession.

The G7 statement on coronavirus

The G7 finance ministers and central bankers held a call to discuss the coronavirus, but the statement doesn't provide any surprise to investors.