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German Jobs May Not Be At Risk Even After Brexit Vote
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👤Isaac Ndegwa
🕔July 31, 2016
The German unemployment levels have continued the declines over the month of July. The data released at the end of July 2016 shows that Europe’s biggest economy has remained very resilient even in the face of uncertainty stemming from Britain’s vote to exit the EU.…
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👤Lisa Harris
🕔July 29, 2016
Official figures today revealed economic growth in the 19 countries comprising of the Eurozone falling by 50% in the second quarter of 2016, this is most likely the result of the fading bolster it had earlier received from the fall in oil prices and the weakness in the euro, as it does not look like the impact of the UK referendum on the EU.…
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👤Lisa Harris
🕔July 21, 2016
- ECB adopts wait-and-see
- Draghi makes case for Italian lenders
- Eurozone stimulus not yet decided
The ECB today chose to adopt Mark Carney’s wait and see method in regard to any stimulus, they chose this approach deciding to wait for at least six weeks before choosing whether growth in the Eurozone requires any stimulus.…
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Uncertainty For EURUSD as ECB Meets on Thursday
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👤Lisa Harris
🕔July 20, 2016
- ECB meeting slows movements in the EURUSD
- Negative sentiment trails EU countries
The EURUSD now orbiting the 1.10 line, remaining unchanged following its losses on the Tuesday session.
Remarks made by the Bank of England’s monetary policy committee member Martin Weale led to a considerably solid rally in the GBP, stating that “the case for near term stimulus, specifically a rate cut, is far from clear cut at the moment.…
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