75 is the new 25
Many central banks are holding their monetary policy meetings this week. On 8 September, the European Central Bank raised rates by 75 basis points after an initial 50 point hike in July. Tonight (21 September), it is US Fe...
Learn more2022-09-21
ECB hikes interest rates +0.75%
On Thursday, the ECB raised its key interest rates by 75 basis points to counter persistent inflation. The S&P Composite Purchasing Managers' Index (PMI) showed its second monthly decline in August, to 48.9 points. It show...
Learn more2022-09-14
The ECB to act on rising inflation
Liz Truss, the leader of the British Conservative Party became a new UK prime minister. The pound rose yesterday morning and touched $1.1600 before returning to $1.1560....
Learn more2022-09-07
"I have nothing to offer but blood, toil, tears and sweat", Winston Churchill
At the end of last week, all eyes were on the Jackson Hole economic symposium, a meeting of central bankers held in the United States. The event has made a lasting impression, to say the least. Jerome Powell’s speech was t...
Learn more2022-08-31
The euro-dollar at a 20-year low
Last Thursday the Norges Bank raised its key interest rate more than expected. After a 50–basis point hike, it is now set at 1.75%. A further increase by 50 basis points could take place in September to contain inflation w...
Learn more2022-08-24
The euro still can’t make it!
With the release of US inflation figures last week, the dollar initially lost some value against the euro. There are hopes the worst has passed, with drops in the consumer and producer prices indices published on Wednesday...
Learn more2022-08-17
Bank of England raises rate
In Switzerland Despite a drop from 59.1 points to 58 points in July, the manufacturing PMI still reflects a good level of industrial activity. Inflation stabilised in July. Prices rose by 3.4% year-on-year and by 2% exclud...
Learn more2022-08-10
Federal Reserve increases rate
The US central bank decided on Wednesday on a second rate hike. The markets were mainly looking for signals on the evolution of its monetary policy...
Learn more2022-08-03
Euro: the end of negative rates
As expected, the European Central Bank raised rates last week. There was some uncertainty as to how big the rate hike would be: a quarter, or half a point? In the end, it was half a percentage point. This is the ECB’s firs...
Learn more2022-07-27
The euro recovers before the ECB meeting
Last Wednesday, the CPI (Customer Price Index) came out higher than expected in the US. The data published for June show that inflation is still accelerating at +9.1% and +1.3% on an annualised and monthly basis, respectiv...
Learn more2022-07-20
The euro’s unbroken fall
After returning to parity with the Swiss franc, the euro has now hit parity with the dollar. And the single currency is still trending down as financial markets fear a recession. With closure of the Nord Stream pipeline, R...
Learn more2022-07-13
Dollar and gas are going up
The dollar regained some ground at the start of the month despite a reduced trading volume due to the Independence Day holiday in the US and the start of the traditionally less active summer period. The euro-dollar parity ...
Learn more2022-07-12
Mounting worries about the global economy
Despite the poor economic data recently published, equity markets rebounded at the end of last week as interest rate expectations were revised downwards. Unrelenting high inflation has prompted central banks to end the era...
Learn more2022-06-30
Rising interest rates
The Fed responded to investors’ expectations by raising its key interest rates by 75 basis points to 1.50%, its biggest increase since 1994. Its director, Jerome Powell, reaffirmed his determination to fight inflatio...
Learn more2022-06-23
Looking for the peak
Last Thursday, the European Central Bank decided, as expected, to end its bond purchases as of 1 July. Ending the fiscal stimulus was a prerequisite for the upcoming rate hikes. There is now little doubt that on 21 July an...
Learn more2022-06-15
The yen drops to a 20-year low against the dollar
The burning question of the moment remains: how high can US rates rise and will they negatively impact the economy at some point? In comments last week, Fed Vice Chair Lael Brainard said that “right now, it’s very hard to ...
Learn more2022-06-08
The dollar declines in May
Despite losing some ground in recent days, the euro recorded its strongest monthly gain of the year in May. At the same time, the dollar has fallen back from the leading position it held in the early months of the year. In...
Learn more2022-06-01
And now the SNB!
The forex market has had a few busy days in the last week. As such, the EUR/CHF exchange rate stood at 1.0500 on Wednesday before falling below 1.0250 on Thursday. Risk aversion rose with the drop in equity markets and con...
Learn more2022-05-25
The ECB will follow the FED
Buoyed by expectations of a rate hike by the Fed and by very favourable yield spreads, the dollar is once again trading at record highs for 2022 at 1.0350 against the euro on Friday and 1.0065 against the Swiss franc on Mo...
Learn more2022-05-18
The Fed increases rates by 50 basis points
Last Wednesday at the end of its monetary policy meeting, the Fed decided to raise its interest rates by 50 basis points. This is the biggest increase in the last 22 years. The Fed had already initiated the move with a fir...
Learn more2022-05-12
The Euro continues to fall
Despite the positive news for the euro, it has so far been unable to recover and continues to fall against the dollar. Emmanuel Macron’s victory in France, good German economic figures, various comments from the ECB all p...
Learn more2022-04-27
In wating for the FED
The greenback remains unstoppable and is keeping the pressure on the single currency with just hours to go before the end of the Fed’s monetary policy meeting. Rate hike expectations are rising. Although the market initial...
Learn more2022-05-04
Inflation fears everywhere
The EUR/USD pair has remained stable over the last five days. The single currency is still under pressure and is trading at its lowest point of the year as it looks the conflict in Ukraine will continue, with no end in sig...
Learn more2022-04-13
The euro is once again under pressure against the dollar and the franc
The evolution of the EUR/USD has been strongly influenced by the conflict in Ukraine, so it is not surprising to see the pair under pressure again. So safe-haven currencies are on the rise as the euro approaches the low of...
Learn more2022-04-06
War and Peace
A relatively quiet week lit up yesterday as peace negotiations between Russia and Ukraine took place in Turkey. Even if, per the Russian delegation, there is a long way to go before an agreement can be reached, waves of ho...
Learn more2022-03-31
First rate hike for the Fed
On the geopolitical front, the war in Ukraine is entering its fourth week. Bombardments are increasing, including in the west of the country on military bases close to the Polish border, a country that is part of NATO. The...
Learn more2022-03-23
The FED meets amid Ukraine crisis
In Switzerland, the unemployment rate fell further in February to 2.5% from 2.6% the previous month.
...
Learn more...
2022-03-16
Markets are reeling as war knocks again on Europe’s door
After two weeks of conflict between Russia and Ukraine, markets are still struggling to stabilise. Safe havens are in high demand, commodities are soaring to the point where the rise in wheat prices is causing fears that t...
Learn more2022-03-09
Oil keeping higher
The United States and the European Union have decided to exclude certain Russian banks from the international Swift banking payment system. Other sanctions are aimed directly at the Russian president and his foreign minist...
Learn more2022-03-02
All eyes on the events unfolding in Ukraine
As you may have noticed, these days there is much less talk about COVID and much more about geopolitics and military strategy. After Switzerland, England has put an end to health-related restrictions, going ever further th...
Learn more2022-02-22
The Military tensions in Eastern Europe disrupt markets
Volatility has been particularly high in recent days, and it seems the situation will last longer for both the stock and currency markets. The main factor remains the situation between Russia and Ukraine as the United Stat...
Learn more2022-02-17
The ECB changes its tune on inflation
Last Thursday, the Bank of England decided to raise its base rate to 0.50%. The decision comes after a previous hike in December from 0.10% to 0.25%. While the BoE aims to keep inflation at around 2%, prices had jumped 5.4...
Learn more2022-02-09
Inflation… Inflation…
The US dollar reached a high of 1.1121 against the euro last Friday. The greenback is being buoyed by good economic figures and the prospect of a rate hike by the Fed. Gross domestic product growth rose by 6.9% on an annua...
Learn more2022-02-02
Turbulence!
Ladies and gentlemen, please fasten your seatbelts: we are currently experiencing turbulence. A glance at the Bloomberg terminal is enough to realise that we are in a risk-off period. Here are some examples in several mark...
Learn more2022-01-26
Bond yields on the rise
The Consumer Price Index (CPI) released last Wednesday by the US Department of Labor once again highlights the period of high inflation we are currently going through. In the US, prices rose by 7% last year, the largest in...
Learn more2022-01-19
20 years ago … the Euro!
We’re off to a gentle start with this first week of the new year. First, it is an opportunity to celebrate a birthday. Twenty years ago, on 1 January 2002, the euro was born. True, it had existed since 1999, but that was o...
Learn more2022-01-06
The Ankara roller coaster
The central banks of the United States, Europe, England and Norway, and even our own Swiss National Bank, held meetings this week. As the pandemic rages on, reinvigorated this time by the Omicron variant, central banks hav...
Learn more2021-12-22
Central bank week
As the year draws to a close and volumes gradually dry up, the market has now entered a central bank super week. Against the backdrop of soaring inflation, some twenty central banks will hold their monetary policy meetings...
Learn more2021-12-15
Year-end volatility
A week ago, Fed Chair Jerome Powell, recently reappointed to the position, told the Senate Banking Committee that the risks of more persistent inflation have increased. Until now, he had repeatedly said that the price incr...
Learn more2021-12-08
A not so transitory inflation
The Chairman of the US Federal Reserve reviewed his position yesterday afternoon and now thinks it is time to stop taking inflation as a temporary event in the US. Powell said the Fed had also been concerned by the perform...
Learn more2021-12-01
J. Powell at the head of the FED for four more years
The US dollar is still shining on the foreign exchange market. This Monday it hit a high for year against the euro at $1.1226 and posted gains against all the other main currencies as well. Against the yen, for example, it...
Learn more2021-11-24
Inflation and the dollar continue to go up
Just one week ago, the United States published its Consumer Price Index (CPI) for October. Inflation surpassed all expectations at an exceptional 6.2% annualised rate, the highest in thirty years! Prices have gone up acros...
Learn more2021-11-17
Stock markets move higher before the FED
Last week, the main stock markets continued the rebound that began in early October. The three major indices (S&P 500, Dow Jones and Nasdaq) set new records.
...
Learn more...
2021-11-03
Race for the FED’s presidency on track
Last Wednesday, the Fed announced as expected that it would begin tapering its bond purchases from this month, noting economic activity and employment ‘have continued to strengthen’ and that inflation is ‘elevated’. Specif...
Learn more2021-11-10
Swiss franc on the top
Last week, to find some volatility one needed look to currency pairs outside the spotlight, i.e. not the EUR/USD. Several events having an impact on Germany weighed on the single currency, which fell to its lowest...
Learn more2021-10-27
The greenback retreats
This week, the euro-dollar parity moved into the green after a low of 1.1524 on 12 October. With a current exchange rate of 1.1640 this represents an increase of 116 points. Despite monetary tightening expectations in Amer...
Learn more2021-10-20
UK interest rates. Time to rise ?
While the status quo will remain in Europe, where the European Central Bank continues to maintain an expansive monetary policy, on other side of the Atlantic the Fed is foreseeing a tightening of its monetary policy will c...
Learn more2021-10-13
Energy prices are giving cause for worry
All over the world, inflation figures continue to rise. Prices in the eurozone increased by 3.4% in August. This is the highest level in 13 years. In Germany last month, prices accelerated again with inflation reaching 4.1...
Learn more2021-10-06
Looking after volatility
The dollar has emerged stronger from the past few eventful days and is trading at its highest levels in 2021 against the euro. The greenback rose against almost all currencies as the yield on the 10-year Treasuries rose 1...
Learn more2021-09-29
The markets face many uncertainties
At the end of last week, economic indicators pointed to some favourable developments in the United States, and not-so-favourable ones in Switzerland. At Uncle Sam’s, the Philly Fed index, which measures manufacturing activ...
Learn more2021-09-22
US inflation below expectations.
There are no big fluctuations to note among the major currencies this week. The euro-dollar parity has moved within a narrow 40–basis point range centred on USD 1.18 in the past few days. The greenback also seems pinned to...
Learn more2021-09-15
The US created less job than expected in August
During Jackson Hole meeting last week Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, though it won’t be in a hurry to begin raising interest rates there...
Learn more2021-09-08
Jackson Hole reassures the markets
The annual central bankers’ symposium hosted by the Kansas City Fed took place last weekend from Friday to Sunday. Because of the pandemic, the event was held virtually and not in Jackson Hole, Wyoming as usual. The last F...
Learn more2021-09-01
Just before Jackson Hole
Last Friday the greenback hit a new high for 2021 against the single currency, pushing it down to 1.1664. But the US currency could not maintain its upward trajectory. Despite the still prudent position of Jerome Powell, a...
Learn more2021-08-25
China regulatory crackdown continues
Last Thursday 28th, the U.S. central bank announced that it was leaving rates unchanged and promised to continue supporting American economy. The securities purchase program also remains unchanged. During his pr...
Learn more2021-08-04
One dollar shaped
After two months’ consolidation in the 1.1800-1.1950 range, volatility returned to the EURUSD. And the value of the greenback once again increased against the single currency to very close to the year’s high, namely 1.1704...
Learn more2021-08-11
Unchanged monetary policy
Last week, the European Central Bank decided not to change its monetary policy. Noting that the economy is still recovering but under that the threat of the pandemic and the Delta variant remains, the ECB chose to hold int...
Learn more2021-07-28
Delta variant disrupts the economic recovery
The US dollar is trading close its high this year against the euro (1.1704 on 31 March). It is supported by favourable economic data and the fact that, apparently, the Delta variant is not affecting the US as severely as o...
Learn more2021-07-21
International tax reform approved
Federal Reserve Bank of Richmond President Thomas Barkin is not ready to call for an end to the U.S. central bank’s bond-buying stimulus given where the labor market stands today. If the labor market can improve rela...
Learn more2021-07-14
US dollar is waking up
The currency market was quite calm at the beginning of this summer week as it awaited the Fed minutes that will be published on Wednesday. With no catalyst to precipitate major change, currency pairs moved within narrow ba...
Learn more2021-07-07
Temporary inflation?
The EUR/USD is moving in a narrow range as we enter the summer months. The 1.1900–1.2000 level sits in the middle of the 1.1700–1.2300 range that the pair has remained in since the beginning of this year, and it seems the ...
Learn more2021-06-30
Swiss National Bank keeps its expansionary monetary policy
Federal Reserve Chair Jerome Powell said on Monday that inflation has risen but is still transitory and will be back to its 2% target as soon as supply imbalances resolve. During the last week meeting, more than half of of...
Learn more2021-06-24
An eventful week
This an eventful week with several central bank meetings – including the Fed’s last night – and lots of economic indicators. Last week, the Bank of Canada decided to hold its key rate steady at 0.25%. This decision was tak...
Learn more2021-06-17
Growth has turned out less vigorous than expected
The EUR/USD parity is still in a period of consolidation. For almost two months now, it has moved between 1.200 and 1.2275 in anticipation of events which could give it new momentum. The publication of the May US employmen...
Learn more2021-06-10
The Federal Council withdraws from the discussions on the framework agreement with Europe
The US economy grew at an annualised 6.4% in the first quarter. Weekly unemployment claims are at their lowest since March of last year after dropping to 406,000 from 444,000 the week before. Redundancies are also falling ...
Learn more2021-06-02
Foreign exchange market has been quiet
The foreign exchange market has been very calm over the past week. The dollar remains weak against the major currencies: the EURUSD parity is close to its highs for the year and the USDCHF remains below 0.90. On the other ...
Learn more2021-05-26
EUR/USD parity is moving again towards the high end of its fluctuation range
The EUR/USD parity is moving again towards the high end of its fluctuation range this year. After hitting a high of 1.1704 against the single currency at the end of March, the dollar continue to decline, trading at $1.2200...
Learn more2021-05-19
Forecasters are having a hard time quantifying the impact of the pandemic on the economy
US non-farm payroll figures for the month of April were undoubtedly the highlight of last week. While forecasts had counted on close to one million new jobs, the number came out far below expectations with only 266,000 job...
Learn more2021-05-12
The maple leaf currency continues to appreciate
The dollar regained some strength the past few days and forced the euro back to the 1.2000 mark. The parity had reached 1.2150 before the FOMC meeting last Thursday. Fed Chair Jerome Powell once again repeated that the Fed...
Learn more2021-05-05
A week punctuated by central banks announcements
Last week moved to the rhythm of central bank meetings, and it was the Bank of Canada that got the ball rolling. As expected, the BoC held its key rate steady at 0.25%, but it has also started to pare back its bond buyback...
Learn more2021-04-28
China posts impressive growth in its Gross Domestic Product
The dollar continued on the downward trend that began over the Easter weekend. Having strengthened as far as 1.1704 against the euro, the parity easily moved above 1.2000 at the beginning of the week. In spite of good econ...
Learn more2021-04-21
One of the biggest stimulus package in US history
Last Thursday, one year into the pandemic, President Biden signed a stimulus package that, at $1.9 trillion – about the size of the GDP of Italy or Brazil – is one of the biggest in US history. The most publicised part of ...
Learn more2021-03-17
Increased volatility in the financial markets
This has been another week marked by heightened volatility in the financial markets, swayed in part by upward pressure on interest rates on both sides of the Atlantic, but above all by an increase in inflation expectations...
Learn more2021-03-10
Optimistic general sentiment as a whole
During the COVID crisis last spring, the Swiss National Bank had to engage in massive forex interventions to keep the franc from appreciating further than CHF 1.0500 against the euro. Demand deposits with the SNB reflected...
Learn more2021-03-03
EUR vs CHF: representing a one-year high, one euro bought you more than 1.10 CHF this morning
With infection rates falling by 70 % within three weeks of the start of the national vaccination campaign, Prime Minister Boris Johnson has announced a roadmap to gradually bring the UK out of lockdown, with hopes of a ret...
Learn more2021-02-24
Nikkei is attracting attention with its performance
The forex market has been quite stable in recent days. Monday was a public holiday in the United States and much of Asia was also absent for the Chinese New Year celebrations which stretched from last Thursday to today. Fr...
Learn more2021-02-17
US unemployment figures not as good as hoped
Since the beginning of the year, the Dollar has been on an upward trend, buoyed by manufacturing figures which outstrip those of Europe, the roll-out of the vaccination programme and the hopes awakened by President Biden’s...
Learn more2021-02-10
The single currency remains on the defensive against the Dollar
The single currency remains on the defensive against the Dollar. Last week Klaas Knot, who sits on the European Central Bank’s Governing Council, said that the ECB had room to push its rate further into negative territory,...
Learn more2021-02-03
Euro is on the defensive
The euro is on the defensive: although it started the year with a bang, markets are wondering if they were not too bullish at the start of the month. The pandemic is far from being under control despite the vaccinations th...
Learn more2021-01-27
Third lockdown for the UK
The dollar has this new year as it had ended it, i.e. Weak against the euro, the franc, the yen and the yuan among others. Chicago Fed Chairman Charles Evans has said monetary policy will remain accommodative in the United...
Learn more2021-01-06
2020 marked by Coronavirus and Brexit
The single currency continues to hover around its highest level of the year in these last days of 2020. It had begun on January 1 at 1.1210. 12 months later, it is worth 10 cents more at 1.2200. 2020 will have been marked ...
Learn more2020-12-23
Germany starts new lockdown
Even as more and more countries go on partial or complete lockdown again, the euro seems unresponsive to the bad news and remains above 1.2100 against the dollar. In Germany, Angela Merkel has confirmed it: from this day u...
Learn more2020-12-16
Situation still delicate in the euro zone
The euro broke in spectacular fashion out the 1.1600–1.2000 range it had remained in since July 23. Appetite for so-called risky investments is back! The arrival of several vaccines on the market is fostering hopes of a gl...
Learn more2020-12-09
Janet Yellen nominated as Treasury secretary
The euro is once again trying to break out of the 1.1600–1.2000 range it has remained in since the beginning of the summer. The upcoming arrival of COVID-19 vaccines has rekindled appetite for risk, with many investors mov...
Learn more2020-12-02
Transition of power starting
It has been another week without much movement on the foreign exchange market, where the EUR/USD parity has moved between 1.1800 and 1.1920. There was an attempt on Monday to break above that range, but the dollar quickly ...
Learn more2020-11-25
Wave of optimism on the markets
Right behind Pzifer, the laboratory Moderna has announced the arrival of a new vaccine against COVID-19. Moderna Therapeutics has said it achieved 94.5% efficacy after completion of its advanced clinical study. This news s...
Learn more2020-11-18
Joe Biden Wins Presidential Election
Volatility came back to the EUR/USD parity at the start of the week. After trading at 1.1650 the day after the US presidential election, it jumped to 1.1920 on Monday. And while President Trump has yet to concede defeat, t...
Learn more2020-11-11
America facing electoral suspense
The EUR/USD parity was not disrupted during Election Day on November 3. The dollar initially strengthened but once again failed to break the support at 1.1600. It thus remains within the same range since September 1 when i...
Learn more2020-11-05
Spain: the first country in Europe to announce more than a million infections
The EUR/USD parity had returned to 1.1800, but it lacked any more momentum to continue its progression and stopped at 1.1880. The resurgence of COVID-19 in Europe has resulted in new health restrictions. curbing investor o...
Learn more2020-10-28
The showdown continues
The dollar lost ground at the start of the week against the euro. After hovering between 1.1650 and 1.1820 throughout most of October, it seems the parity wants to break through the upper limit of the range. Negotiations o...
Learn more2020-10-21
Dissensions between Republicans and Democrats
The EUR/USD parity saw no real change over the week. First of all, Monday was a public holiday in the United States – Columbus Day – and then we have a market that already seems to be awaiting the results of the American p...
Learn more2020-10-14
The usual threatening “no-deal” yoyo
It has been another week of consolidation for the EURUSD pair which is moving in the middle of the 1.1600–1.2000 fluctuation range in place since July 23. The greenback has lost a little bit of ground since President Trump...
Learn more2020-10-07
No surprises in the Swiss National Bank policy
The euro remains at the bottom of its trading range of 1.1600–1.2000 against the dollar in which it has been moving since July 23. The greenback is buoyed by encouraging comments from the Fed and by a resurgence of the COV...
Learn more2020-09-30
Optimistic central banks
After attempting to break through the 1.2000 bar against the dollar, the euro has returned to the bottom of the 1.1650–1.2000 range it has remained in since mid-July. The two main central banks have expressed some optimism...
Learn more2020-09-23
US Dollar very weak once again
The dollar is one again weaker against the major currencies again and the euro is trying to break through the 1.2000 mark. It briefly crossed it yesterday for the first time since 2018. On the occasion of the Jackson Hole ...
Learn more2020-09-02
Historically low level for Norges Bank
Even as the euro has surged against the dollar since August 12, it has been unable to break past the symbolic 1.2000 mark. There are several factors that may explain why. First of all, while the minutes of the last Federal...
Learn more2020-08-26
Brexit: New round of negotiations
Once again, the dollar lost some ground against major currencies such as the euro, the Swiss franc or the Japanese yen. In fact, against the euro and the franc, it traded at its lower level of the year in August. The marke...
Learn more2020-08-19
Eventful week
A lot has happened since last Wednesday: the Fed meeting against the backdrop of the still-worrying progression of the pandemic – particularly in the United States – and the high volatility for the EUR/USD and gold. The US...
Learn more2020-08-05
US Dollar struggling
The EUR/USD parity has soared spectacularly in recent days in the wake of the European summit in Brussels. While the single currency was worth $1.1229 at the beginning of the session on July 1, it almost touched $1.1800 on...
Learn more2020-07-29
Europe agrees on its recovery plan
It took four days of long and difficult negotiations for the 27 members of the European Union to reach an agreement on the economic recovery plan. At the end of a marathon summit, the joint Franco-German loan project was f...
Learn more2020-07-22
Pandemic evolution draws financial markets’ attention
The EUR/USD parity was at the top of the 1.1160–1.1420 consolidation range at the start of the week. In recent days, with no major publications coming out at the moment, all eyes have been on the evolution of the pandemic....
Learn more2020-07-15
Gold at its highest value since 2011
The EUR/USD parity further consolidated in the 1.1200–1.1400 range over the week. A shorter trading session on Friday in New York due to a national holiday the next day and the start of the summer holidays greatly reduced ...
Learn more2020-07-08
New York Stock Exchange reacts negatively
The euro has traded within a very narrow range against the dollar, consolidating at 1.1200–1.1400 since the beginning of June. The pandemic continues to spread in the Central and Southern United States. The governor of Tex...
Learn more2020-07-01
Strong divergences
The Swiss National Bank held its key rate steady at -0.75% last week, as had been unanimously expected. The SNB reaffirmed its commitment to an ultra-expansive monetary policy on Thursday, saying that these unconventional ...
Learn more2020-06-24
Economic pragmatism until 2022
The Federal Reserve left interest rates unchanged last week, in the 0%–0.25% range. This decision was widely anticipated by the markets. At the end of the meeting, Jerome Powell said: ‘They will remain at this very low lev...
Learn more2020-06-17
Attention drawn on the FED
The European Central Bank boosted the markets last Thursday as it announced it was expanding in its emergency programme. Specifically, the €750-billion-euro Pandemic Emergency Purchase Programme (PEEP) will be increased by...
Learn more2020-06-10
Challenging discussions
Last Wednesday, Ursula Von Der Leyen presented the European Commission’s recovery plan in the wake of that proposed by Angela Merkel and Emmanuel Macron. The announcement of this €750 billion recovery plan is supporting th...
Learn more2020-06-03