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Fed Predicts No Rate Increase This Year

21 Март 2019 Maria Gregoriou


Federal Reserve chairman Jerome Powell stated yesterday that interest rates are not expected to increase this year as the American economy is slowing.

During a news conference, the Fed chairman said, "we continue to expect that the American economy will continue to grow at a solid pace in 2019, although likely slower than the very strong pace of 2018."

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Britain to Decide Brexit Fate until Mid-April

20 Март 2019 Maria Gregoriou


The European Union, according to an EU official, will most probably give Britain a chance to decide whether to extend Brexit until 2020 by the middle of April.

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British Pound Slips as Brexit Clarity Hangs in the Balance

19 Март 2019 Maria Gregoriou


As Theresa May seeks to delay Brexit after parliament rejected the withdrawal deal she brought back from Brussels on two occasions and a third vote has been ruled out, the Pound is considered to be cheap, according to Merian Global Investors Ltd.

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Philip Lowe on the Australian Economy

22 Фебруар 2019 Maria Gregoriou



Governor of Australia's Central Bank, Philip Lowe, gave a speech last night to the House of Representatives Standing Committee on Economics. In this speech, he mentioned that the forecast for GDP growth this year is at 3 percent, while unemployment is expected to decrease to 4 ¾ percent over the next couple of years. He also said that inflation is expected to be at 2 ¼ percent by the end of 2020.

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39,100 New Jobs Created in Australia in January

21 Фебруар 2019 Maria Gregoriou


The Australian Bureau of Statistics announced yesterday that in January 39,100 new jobs were created - more than double the number that was expected.

The unemployment rate for January stood at five percent, the lowest percentage in six and a half years. These figures prove that the Australian economy is going from strength to strength.

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Brexit - Progress is Being Made

21 Фебруар 2019 Maria Gregoriou


The latest on Brexit subject is that the Spanish Foreign Minister, Josep Borrell, has told Bloomberg that there is progress being made. This may shine some light in the tunnel, bringing hope that the outcome of Theresa May's meeting tonight with European Commission President Jean-Claude Juncker may be a positive one.

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Rise in Producer Prices for Industrial Products in Germany

20 Фебруар 2019 Maria Gregoriou


The rise of 2.6 percent in producer prices for industrial products in January 2019 as compared to January 2018 in the German market, as revealed by the Federal Statistical Office of Germany, may be a positive sign for the Euro.

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U.K. and European Officials Working on a New Legal Text

19 Фебруар 2019 Maria Gregoriou


After seven Labour MPs quit the party, May's own party tried to persuade her to take the threat of a no-deal divorce off the table, and the announcement that Honda's Swindon plant is expected to close down yesterday, things are not looking so good on the Brexit front.

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Price Index in the U.K. is up by 0.4 Percent

18 Фебруар 2019 Maria Gregoriou


The financial and political world have all eyes on the U.K. as the runup to Brexit is getting nearer and nearer. The constant back and forth from London to Brussels, the debates in the British parliament and the British economy have all taken up space on our daily newsfeeds.

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Tržišni fokus

  • Eurozone PMI falls in March as manufacturing downturn deepens
  • Germany output growth at near six-year low as manufacturing downturn deepens
  • Chinese Premier Li stresses implementation of larger-scale tax cuts
  • Euro area current account surplus increased in January compared with December.
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